Luxembourg-based fintech NowCM established a tech center in Portugal in mid-2023, choosing the Lagoas Business Park in Oeiras as its base. The move was at first reported with ambitious development desires, pointing to extend its impression and capabilities in Southern Europe.
However, current information from LinkedIn proposes that as it were around 15 workers are as of now based in Portugal, showing that the company's extension is advancing at a slower pace than initially forecast within the press release.
In spite of the modest group estimate, the presence of NowCM in Portugal highlights the country's continued request for worldwide fintechs looking for get to to talented tech ability and a favorable trade environment. Whether NowCM will ramp up its contracting within the coming months remains to be seen.
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