BUX, one of Europe’s “fastest growing” neobrokers, has appointed Niek van Rens as its new Chief Operating Officer.
An ex-ABN AMRO Clearing executive, Van Rens brings with him “the knowledge and expertise to strengthen operations and achieve further growth across Europe.”
Van Rens “has over twenty years of experience in the trading, execution and post trade world, including close involvement with setting up start-ups in the post trade.”
Prior to BUX, Van Rens “worked at ABN AMRO Clearing, for almost a decade as Global Head of Innovation.”
In that role, Van Rens worked with BUX “on several projects, notably the innovative infrastructure for fractional investing, assisting with the successful introduction of the feature on the BUX Zero platform.”
Yorick Naeff, CEO of BUX, said:
“After working with Niek for many years, we are delighted to welcome him to the BUX team. BUX has entered a new phase of explosive growth and it’s vital our operations run with maximum efficiency. With Niek’s in-depth knowledge of execution and post trade, I’m confident he will be a driving force for innovation and growth at BUX.”
Niek van Rens, COO at BUX, remarked:
“BUX enables clients to invest in companies that match their interests and values, like innovative stocks, women-led companies and sustainable investments. Anything is possible. The modern investor desperately needs accessible ways to build a better financial future. That’s why BUX’s mission is close to my heart. In my new role, together with my team, I want to focus on operational efficiency that can facilitate explosive growth, and to innovate further in order to better serve customer needs. I’m really looking forward to getting started.”
Last year, BUX announced “an $80 million funding round, enabling the introduction of new features such as the investment plan and fractional investing.”
This year, crypto has also been added, “as a new investment product, to the existing range of stocks and ETFs. BUX also has plans to launch the BUX Zero app in several new European countries during 2022.”
With over 700,000 clients, BUX claims to be “a leading European neobroker, making it easy and affordable for investors to do more with their money, since 2014.”
BUX Zero is headquartered in Amsterdam and “currently available in the Netherlands, Germany, Austria, France, Belgium, Ireland, and Spain.”
The BUX Zero app “is free and available for download on Google Play and Apple Store.”.