Welcome to FundBank (Europe) S.A.!

The Luxembourg Alternative Administrators Association (L3A) is pleased to welcome FundBank as a new Associate Member.

Read this short interview of Steve David

Chief Executive Officer Luxembourg

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1° Can you outline the history and activity of your company in a few words?

Since this year, headquartered in Luxembourg, FundBank (Europe) S.A. will serve institutional clients with swift, tech-driven banking and custody solutions. We aim to complement the alternative investment fund ecosystem by working alongside key industry players to simplify account opening and deliver efficient, high-quality service to all stakeholders in the ecosystem.  

2° You have recently decided to join L3A - what are the key reasons behind this?

Joining L3A reflects our commitment to collaboration and excellence in the alternative investment ecosystem (for all regulated and unregulated entities). We seek to contribute to industry dialogue, stay ahead of regulatory and operational trends, and foster innovation through engagement with like-minded peers and partners in Luxembourg. 

3° What do you see as the greatest opportunities offered by Luxembourg in the alternative administrator provider market? What are the main challenges to be tackled in order to capitalise on these opportunities? 

Luxembourg’s solid and holistic regulatory framework and global fund hub status offer huge potential for AIF growth. The challenge is speed and specialization—servicing complex structures efficiently without compromising risk. FundBank fills a clear gap with local expertise, fast and digital onboarding, and a non-competing model focused solely on banking and custody for all AIF actors.