PayPal (Europe), the Luxembourg National Research Fund (FNR) and the University of Luxembourg have signed a Memorandum of Understanding to create a FNR PEARL Chair in Digital Financial Services (FinTech).
The Chair has an initial duration of five years and will be jointly supported by PayPal and the FNR, and hosted at the University of Luxembourg.
Prime Minister Xavier Bettel obtained PayPal’s CEO Dan Schulman’s personal commitment for the co-financing of the Chair.