About LHoFT
LHoFT, an accelerator and incubator program founded in 2016, is based in Luxembourg, Luxembourg. With a presence in 25 countries, it has supported around 157 startups in sectors like Enterprise Applications, FinTech. As of Aug 2026, LHoFT has 1 unicorn under its belt and has witnessed 21 portfolio exits. Most notable companies in
its portfolio include Satispay, bitFlyer and LendInvest. The program is backed by a team of 15 people who primarily support Grant (prize money) startups based in Germany. Its latest investment was a $2.49M Seed round in Fundvis on Dec 17, 2025, which also saw participation from Luxinnovation and KNEIP.
Key Metrics
Founded Year
2016
Location
Luxembourg, Luxembourg
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Locations of Investment
Unicorn in Portfolio
LHoFT's List of Top Investments
LHoFT has a portfolio of 157 companies, one of which is a Unicorn. Their most notable investments include Satispay and bitFlyer.Their portfolio spans across Luxembourg, United Kingdom, United States and 22 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 19 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by LHoFT:1. Satispay
Provider of payment application and digital solutions for business and welfare. The company offers payment methods for individuals, stores, and companies. It provides digital solutions for everyday expenses and money transfers. The company also provides digital meal vouchers and purchase vouchers.
Key facts about Satispay
- Founded Year: 2013
- Location: Milan (Italy)
- Annual Revenue: €10M - €50M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $501M
- Employee Count: 875 as on Jun 30, 2026
- Investors: Lightrock, Greyhound Capital and 89 Others
- Latest Funding Round: Series D, Nov 11, 2024, $*****
- Highlight: Editors' Pick
2. bitFlyer
Online trading platform for Bitcoin. Allows users to buy, sell, and trade Bitcoins through encrypted networks. Also, features a blockchain explorer and crowdfunding solutions to assist users in tracking & investing in cryptocurrencies.
Key facts about bitFlyer
- Founded Year: 2014
- Location: Chiba (Japan)
- Stage: Series C
- Total Funding till date: $36.6M
- Employee Count: 146 as on May 31, 2026
- Investors: Venture Laboratory Investment, Digital Currency Group and 16 Others
- Latest Funding Round: Series C, Feb 15, 2017, $*****
- Highlight: Editors' Pick
3. LendInvest
P2P lending platform for mortgage loans. It provides an online platform that circumvents the banks allowing investors to lend directly to borrowers. The loans are backed by a registered charge against residential or commercial property. It also provides bridging and development loans, and loan calculators to calculate interest rates depending on loan amount and loan terms.
Key facts about LendInvest
- Founded Year: 2013
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Mar 31, 2019
- Stage: Public
- Total Funding till date: $129M
- Employee Count: 207 as on Jun 30, 2026
- Investors: Nomura, GP Bullhound and 14 Others
- Latest Funding Round: Post IPO, Sep 10, 2024, $*****
- Highlight: Public
4. Railsr
Provider of embedded finance platform solutions. This platform enables businesses to integrate financial services, such as banking, wallets, and cards, directly into their customer experiences. The platform offers APIs for seamless integration and handles complex integrations, including regulatory compliance and payment processing. It provides tools and resources to support businesses throughout the development and launch of embedded finance offerings, from prototyping to scaling. The goal is to simplify the process of offering financial services, allowing businesses to focus on their core offerings and customer relationships.
Key facts about Railsr
- Founded Year: 2016
- Location: London (United Kingdom)
- Annual Revenue: SGD 1M - 10M as on Dec 31, 2021
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $178M
- Employee Count: 109 as on Jun 30, 2026
- Investors: CE Innovation Capital, Ventura Capital and 47 Others
- Latest Funding Round: Series C, Oct 27, 2023, $*****
- Highlight: Acquired
5. Duco
SAAS reconciliation solution for financial services firms. It enables financial services firms to control complex data using light touch, self service technology. Its flagship product is a SAAS product that can be used to analyze complex data for financial services firms. It helps in building efficient operations with customers on the sell side, buy side and major service providers. It provides interfaces that enable non technical users to deal with masses of data in minutes.
Key facts about Duco
- Founded Year: 2010
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Mar 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $35.3M
- Employee Count: 239 as on Jun 30, 2026
- Investors: Insight Partners, Illuminate Financial and 10 Others
- Latest Funding Round: Series C, Jan 29, 2018, $*****
- Highlight: Acquired
LHoFT's Year-on-Year Investment Trends
LHoFT has invested in 157 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Fundvis.LHoFT's Investments by Stage
LHoFT has made 1 investment in Grant (prize money) stage with an average round size of $59.1K and 1 investment in Seed stage with an average round size of $2.49M.LHoFT's Investments by Sector
LHoFT has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications and Vertical SaaS. Notably, it has invested in 121 Tech companies, 102 Enterprise (B2B) companies, 95 Software companies and at least 45 companies focusing on Saas.Sector | No. of Investments |
|---|---|
FinTech | 2 |
Enterprise Applications | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
LHoFT's Investments by Geography
LHoFT has made most investments in Germany (1), followed by Luxembourg where it has made 1 investment.LHoFT's recent investments
LHoFT has not made any investment in 2026 so far.Here are the most recent investments by LHoFT:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 17, 2025 | Luxembourg | Seed | 8108 | [+2] | |
Sep 01, 2021 | Germany | Grant (prize money) | 9984 | - |
Unicorns in LHoFT's Portfolio
LHoFT has 1 unicorn in its portfolio - Satispay. The most recent unicorn in their portfolio is Satispay which became a unicorn in 2022, 3 years before LHoFT first invested in it.Here is a list of unicorns in LHoFT's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Provider of payment application and digital solutions for business and welfare | 2013 | Milan | Series D | nhrcnbt |
IPOs and Publicly Listed companies in LHoFT's Portfolio
3 of LHoFT's portfolio companies have become public. LendInvest got listed on the London Stock Exchange (LSE), in Jul 2021 at marketcap of $363M.Here are LHoFT's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 14, 2021 | - | - | 3101 | |
- | - | - | 4085 | |
- | - | - | 6241 |
Acquired companies in LHoFT's Portfolio
18 companies from LHoFT's portfolio have been acquired. The most recent acquisition was Intangic in Oct 2025 by Searchlight Security for $*****.Here are LHoFT's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 28, 2025 | - | - | 8488 | |
Sep 03, 2025 | - | - | 5327 | |
May 20, 2025 | - | - | 2160 | |
Nov 14, 2024 | - | - | 4412 | |
Jul 02, 2024 | - | - | 5211 |
Team profile of LHoFT
LHoFT has a team of 15 members including 9 Partners and 2 Principals located in Luxembourg. LHoFT's team does not sit on the board of any company as of now.Here is a list of top team members in LHoFT:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Partner | Luxembourg | - | - | |
Principal | Niederanven | - | - | |
Principal | Luxembourg | - | - |
Co-investors of LHoFT
Over the past 5 years, 4 investors have co-invested in LHoFT's portfolio companies. This includes funds and angels.
- Invested before LHoFT: Martin Vogel has invested before LHoFT.
- Top Co-investors of LHoFT: 3 investors entered a company along with LHoFT. These include investors like Luxinnovation (1 company).
Recent News related to LHoFT
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NextFin Asia: New Fund for Catapult: Inclusion SE Asia to Scale Fintechs in ASEANThe Tribune•Feb 23, 2026•LHoFT
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Supported by the Luxembourg Government, the LHoFT and the ADB Announce the 2nd Edition of CatapultAsian News International•Jan 22, 2025•LHoFT, Asian Development Bank
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NadiFin’s Pascal Bouvier: ‘We’re focused on finding the best start-ups’Silicon Republic•Apr 11, 2019•Nadi, LHoFT
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Ugandan fintech wins Best Catapulter Award at Catapult: Inclusion AfricaVentureburn•Nov 20, 2018•LHoFT
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Fintech hubs in Switzerland and Luxembourg meet upFinextra•Oct 05, 2018•Swiss Finance + Technology Association, LHoFT
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China's DeepBlue Technology, Luxembourg LHoFT set up joint AI labsXinhua Finance Agency•Sep 14, 2018•LHoFT, DeepBlue Technology
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