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Luxembourg has launched NextFin Asia, a new fund that will invest directly in Southeast Asian fintechs focused on financial inclusion.
The fund will support the third edition of the Catapult: Inclusion SE Asia programme run by the Luxembourg House of Financial Technology.
It is being launched in partnership with the Luxembourg Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade and ADB Ventures, the venture arm of the Asian Development Bank.
The move shifts the programme from a pure acceleration model to one that combines capital and institutional support.
For the first time, participating startups will receive direct investment through the NextFin Asia Fund alongside strategic guidance to help scale across ASEAN.
The 2026 edition will launch in Luxembourg in June and continue at the Singapore Fintech Festival in November.
Since its inception, the Catapult programme has supported 115 fintech startups from emerging markets in Africa and Asia, helping expand access to financial services for underserved communities.
Alex Panican
“The NextFin Asia Fund is the result of the trust from Luxembourg’s Government and ADB’s towards the Catapult SE Asia program. And it definitely reflects the amazing quality of the entrepreneurs and partners taking part in it.
I am confident that NextFin Asia will become the key catalyst for inclusive finance and innovation in Asia. And we are very excited at the LHoFT to take part in such an endeavor,”
said Alex Panican, Deputy CEO of the Luxembourg House of Financial Technology (LHoFT).
