AYDO Secures Funding, Opens Tech & Innovation Hub in Luxembourg

AYDO, a France-headquartered fintech company, has announced the successful completion of its latest funding round - plus the opening of its Tech & Innovation Hub in Luxembourg.

The regulated fintech company is a member of the Luxembourg House of Financial Technology (LHoFT) and aims to revolutionise structured product investments through innovative technology.

As reported by AYDO, the latest funding round was led by "prestigious investors", including the Digital Tech Fund (managed by Expon Capital), VAeX Capital and members of the Luxembourg Business Angel Network (LBAN). The company said the milestone would help it advance its mission of unlocking the full potential of structured products through cutting-edge technology.

The funding is set to accelerate the development of SHAPE, AYDO's proprietary operating system designed to modernise and optimise structured product investments. Structured products, a trillion-dollar market reportedly projected to reach $1 trillion annually by 2029, "hold immense potential but remain hindered by outdated, manual processes," according to AYDO, which said it is "determined to transform this landscape by equipping sellers, investors and advisors with powerful tools to achieve unprecedented levels of performance".

To support this vision, AYDO announced the opening of its Tech & Innovation Hub in Luxembourg. The new hub is said to cement AYDO's presence in the Grand Duchy, which it has "long regarded as a natural home for expansion due to its vibrant fintech ecosystem and strong foundations in wealth management".

"Luxembourg offers an unparalleled environment for growth and innovation," said Arthur Teixeira, co-founder of AYDO. "Its reputation as a resilient hub for wealth management, combined with a stable economic and political environment, perfectly aligns with the long-term nature of our project. The ease of access to decision-makers and the availability of highly skilled international tech talent has made Luxembourg the ideal choice for our expansion. We are also proud to be a member of the Luxembourg House of [Financial Technology] (LHoFT), which has been instrumental in supporting our journey."

AYDO's Luxembourg office has been tasked with driving the development of SHAPE, "capitalising on the region's forwardthinking approach to fintech and leveraging its role as a hub for wealth management innovation".

"We are immensely proud of this fundraising achievement," Mr Teixeira added. "It not only reflects the confidence of top-tier institutional investors and industry leaders in our vision but also underscores the dedication of our operational team, who have chosen to invest alongside them."

AYDO said it is "now poised to lead a transformative shift in the structured products industry, empowering stakeholders to realise the true potential of these investments".