Aydo secures funding and launches an innovation hub in Luxembourg

The French fintech specialising in structured products Aydo has announced that it has successfully completed its latest round of fundraising and opened a technology and innovation hub in Luxembourg to accelerate its development.

French fintech startup Aydo recently announced that it had successfully completed its latest round of financing, backed by the Digital Tech Fund, Vaex Capital and members of the Luxembourg Business Angel Network. This injection of capital is aimed at accelerating the development of Shape: Aydo’s operating system designed to modernise and optimise investments in structured products (products made up of at least two financial assets) managed from the fintech’s Luxembourg office.

The company predicts that by 2029, around a trillion dollars a year will be invested in structured products thanks to their “incredible performance potential”. But it also recognises that these instruments still suffer from “largely obsolete and manual processes”. Faced with this situation, the company has set itself the mission of “transforming this landscape by equipping salespeople, investors and advisers with powerful tools to achieve unprecedented levels of performance”.

To make this vision a reality, Aydo has also announced the opening of its Tech & Innovation Hub in Luxembourg. This new hub consolidates the group’s presence in the country, which it has “long considered a natural home for expansion”, due to its dynamic ecosystem and solid foundations in wealth management.

“Luxembourg offers an unrivalled environment for growth and innovation,” said Aydo co-founder Arthur Teixeira. “We are extremely proud of this fundraising and of being members of the Luxembourg House of Financial Technology, which has been essential in supporting our journey.”