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Tuesday 19 February 2019

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Oracle chooses Brussels for FinTech programme

Written by Chris Lemmon
02/07/2018

Oracle will be collaborating with B-Hive Europe for a FinTech innovation programme in Brussels, to accelerate enterprise readiness for participating financial institutions.

Brussels was chosen as Oracle’s European FinTech hub because of its central location and the presence of leading institutions of the European Union.

Johan Van Overtveldlt, Belgium’s minister of finance, said he expects the relationship to create real momentum in the acceleration of financial innovation in Belgium and Europe. “It further strengthens Brussels as a pan-European hub for FinTech and thus contributes to our strategy to focus on attracting niche financial activities, such as FinTech, insurance and market infrastructures.”

Rik De Deyn, senior innovation director at Oracle, who’ll be leading the European roll-out, added: “Brussels is easy to reach from most European financial hubs, close to the European Commission, and an ideal location to bring together FinTech innovators and financial institutions.”



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