Supported by the Luxembourg Authorities, The Luxembourg Home of Monetary Expertise (LHoFT), and the Asian Improvement Financial institution (ADB) Announce the 2nd Version of Catapult | SE Asia 2025.
The LHoFT and the ADB invite fintech startups lively in sectors akin to AgriTech, InsurTech, Digital Funds, Lending, Remittance, Blockchain, Microfinance, Inexperienced Finance, RegTech, and extra to use for Catapult: Inclusion SE Asia – a novel acceleration bootcamp designed to amplify fintech impression throughout the ASEAN area.
Why is this system free to entry?
This program is a part of Luxembourg’s sturdy dedication to worldwide cooperation.
Since 2009, the nation has allotted 1% of its Gross Nationwide Earnings (GNI) to growth support, rating among the many five most devoted developed economies on this field.
As a part of this dedication to growth, and the financial help of Luxembourg’s Directorate for Improvement Cooperation and Humanitarian Assist, the LHoFT Basis, a not-for-profit, has helped over 100 fintech startups from Africa and ASEAN via the Catapult applications.
Journey prices (flights and lodge) are absolutely coated for contributors, there is no such thing as a cost for participation, and no requirement to surrender fairness/shares in your small business.
This system is there to provide, to not take. The LHoFT Basis, alongside the ADB, is offering its appreciable community, data and expertise to this system contributors for the higher good if advancing financial inclusion globally.
Will You Be Subsequent?
The LHoFT is searching for 15 excellent ASEAN fintechs to affix a completely funded 2-week bootcamp in Manila and Luxembourg, in collaboration with the Asian Improvement Financial institution.
Seize this chance and APPLY by February 23, 2025, to be a part of the 2nd Cohort!
Constructing on Success: A New Chapter for Monetary Inclusion
The second version of Catapult: Inclusion Southeast Asia will convene fifteen of ASEAN’s most promising fintech startups, chosen for his or her progressive options addressing financial accessibility challenges of their areas.
This system will kick off in Manila, Philippines, from April 7 to 11, 2025, with a dynamic agenda of workshops, networking occasions, and mentoring classes.
The journey continues in Luxembourg from June 16 to twenty, 2025, providing contributors the distinctive alternative to combine into the worldwide financial ecosystem.
“Catapult Southeast Asia: a should on the calendar of any startup seeking to scale and make a significant impression. This system opened our eyes concerning the potential of our enterprise in gro ing not solely ithin our nation but additionally creating extra impression to the whole area.”
says Vincent Roy Mendoza, CEO Farmvocacy from the Philippines, one of many standout Fintechs awarded within the inaugural cohort in 2024.
A program designed to fulfill the distinctive wants of fintechs
The 2025 version will embody tailor-made workshops, pitch classes, and mentorship led by business specialists from the financial companies, microfinance, and fintech sectors.
This system affords distinctive entry to essential sources and networks, permitting startups to reinforce their options, entice funding, and construct strategic partnerships.
Catapult: Inclusion Southeast Asia not solely strengthens fintech ecosystems inside ASEAN but additionally connects them with Europe. By fostering cross-regional collaboration, this system supplies the platform for impactful, scalable financial expertise initiatives that handle the varied wants of underserved populations.
A Partnership to Drive Transformative Impression
The collaboration with the Asian Improvement Financial institution (ADB) advances the influence and effectiveness of Catapult: Inclusion Southeast Asia.
With ADB’s in depth experience in fostering social and financial growth throughout Asia and the Pacific and the LHoFT Basis’s world community, data and expertise within the Fintech and Monetary Companies sector,, the partnership is uniquely positioned to empower startups.
Collectively, the initiative aspires to spice up scalable options that handle urgent financial inclusion challenges, driving significant and sustainable change throughout Southeast Asian communities.
ADB performs an important function in regional growth by utilising loans, grants, and technical help to foster inclusive development and get rid of poverty in a area the place 263 million individuals survive on lower than US$1.90 a day.
Its collaborative technique – mobilising financial sources and facilitating coverage discussions – completely aligns with the LHoFT Basis’s aim of making inclusive financial ecosystems.
Christine Engstrom, Senior Director Finance Sectors Group at ADB, said,
“The Asian Improvement Financial institution is proud to proceed collaborating with LHoFT whose efforts have been pivotal in fostering fintech innovation and creating inclusive financial programs. We’re dedicated to empowering fintech startups and fostering sustainable development within the area via initiatives like Catapult: Inclusion Southeast Asia.”
“We need to recognise the significant contributions of the Luxembourg Ministry of Finance, whose unwavering help for the Monetary Sector Improvement Partnership Particular Fund has been instrumental in driving financial inclusion and innovation throughout Southeast Asia.”
The LHoFT Basis, a public-private partnership primarily based in Luxembourg, promotes fintech innovation by linking world startups with expertise, experience, and market alternatives.
Its collaborative efforts with governments, regulators, and financial establishments domesticate an surroundings conducive to advancing financial inclusion worldwide.
Collectively, ADB and LHoFT create a strong synergy on this program, driving impactful options for underserved communities.
LHoFT CEO, Nasir Zubairi, expressed,
“Catapult: Monetary Inclusion Southeast Asia has demonstrated the po er of fintech to bridge markets and foster sustainable development. This program underscores Luxembourg’s dedication to being a pivotal hub for world financial innovation and inclusion.”
Observe them on LinkedIn for updates all through this system: www.linkedin.com/firm/the-lhoft
Featured picture credit score: edited from freepik
