Luxembourg-based fintech Financial Navigator secures €1.1 million in funding
Luxembourg-based fintech Financial Navigator has secured new funding under the 'Young Innovative Enterprise' scheme from the Ministry of the Economy, with support from Luxinnovation, marking a major milestone in its growth journey.
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The company's total funding in this round, backed by both public institutions and private investors, exceeds €1.1 million, representing a leap forward in its expansion.
'This is a significant milestone and a strong validation of our vision,' says Dr. Jürgen Wolff, Founder and CEO of Financial Navigator. 'With this support, we will expand our team, deepen our product capabilities, and further scale our go-to-market efforts. We are proud to contribute to Luxembourg's position as a hub for financial innovation.'
The funding will play a key role in accelerating Financial Navigator's mission to modernize treasury and finance operations for mid-sized enterprises and the fund industry in Luxembourg. Known for its flexible and modular platform, the Luxembourg-based fintech empowers CFOs and finance teams with real-time cash and liquidity visibility, automation of payment processes, and seamless bank and ERP integrations.
The Young Innovative Enterprise scheme is part of the aids for Research, Development and Innovation projects, managed by the Luxembourg Ministry of the Economy. It is designed to support promising young companies based in Luxembourg. Matching private investment with public support, this aid provides a critical boost to firms with scalable business models and strong innovation potential.
The company, officially operated under the name A352, is headquartered at the LHoFT (Luxembourg House of Financial Technology), the country's leading incubator for financial innovation. Nasir Zubairi, CEO of the LHoFT, commented: 'Financial Navigator is a prime example of the kind of fintech Luxembourg is proud to foster: bold, fast-moving, and customer-focused. This development is not just a win for the team, but for the broader ecosystem. We're excited to see what comes next.'
As Financial Navigator transitions from early success to sustained growth, the team is actively hiring across development, product, and commercial roles to meet increasing client demand. With this new financial backing, the company is well-positioned to solidify its role as a leading player in the European treasury tech space.
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