Oracle decides on Brussels for European fintech innovation centre

US software giant Oracle will centre its European fintech programme in Brussels as European centres become increasingly attractive to fintech investments post-Brexit. Oracle chose the Belgian capital to host its Fintech Innovation Programme due to its proximity to European financial institutions and to the European Commission (EC). It will now dedicate more European staff and resources to setting up what it described as “mutually monetisable” relationships with fintechs and digital banking startups through a partnership with public and private sector ecosystem B-Hive Europe – a Brussels-based fintech platform that brings together major banks, insurers and market infrastructure players.

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