Tagged: amsterdam

June 8, 2020 @ 9:57 am By Omar Faridi  |  

Amsterdam based Fintech BUX, a retail brokerage company that announced a “soft launch” version of its digital asset exchange earlier this year, will be expanding its stock trading services into Austria and Germany. The commission-free trading app provider is introducing its investment platform, Bux Zero,… Read More

May 1, 2020 @ 11:48 am By Omar Faridi  |  

Amsterdam-based banking challenger Finom, which aims to serve entrepreneurs and SMEs, has secured €6.5 million in seed funding through an investment round led by Target Global. General Catalyst, FJlabs, the Raisin founders Frank Freund, Tamaz Georgadze, and Michael Stephan also took part in Finom’s funding… Read More

April 26, 2020 @ 8:32 pm By Omar Faridi  |  

Adyen NV, a leading Fintech company that handles payments for large firms such as Uber Technologies and E-Bay, recently revealed that its business and revenue increased by more than a third (or 33%) during the first quarter of 2020. Adyen pointed out that it posted… Read More

April 25, 2020 @ 10:27 am By Omar Faridi  |  

European challenger bank bunq is introducing joint accounts for its Premium and Business account holders. Bunq+1 users will now have the option of opening an account for anyone they want to, which includes their partners and children. Bunq+1 business clients can create new accounts for… Read More

April 1, 2020 @ 10:57 pm By Omar Faridi  |  

Amsterdam-based ABN Amro, the third-largest bank in the Netherlands, has revealed that it will be offering a credit facility to its commercial banking clients. The bank said it aims to help those who have been most affected by the coronavirus (COVID-19) outbreak. ABN Amro said… Read More

March 30, 2020 @ 11:12 am By Samantha Hurst  |  

U.S. fintech Plaid recently announced it is now offering support to financial institutions in the Netherlands as well as opening a new office in Amsterdam. The company reported that the Netherlands is a hub for fintechs in Europe and is home to more than 400… Read More

February 23, 2020 @ 6:00 pm By Omar Faridi  |  

Amsterdam-headquartered BUX, a retail brokerage company, confirmed recently that it will be introducing the “soft launch” version of its cryptocurrency trading platform during the first week of next month. However, the Dutch Fintech firm says it’s not aiming for fast customer acquisition. Called “BUX Crypto,”… Read More

February 13, 2020 @ 11:53 pm By Omar Faridi  |  

Rewire, an international banking service provider for migrant workers, has confirmed that it’s developing a neobank (all-digital) for migrants based in Europe. The development will reportedly involve Rewire providing customized accounts to its clients, which will cater to the special requirements of emigrés. This will… Read More

January 15, 2020 @ 7:49 am By Omar Faridi  |  

Netherlands-based Backbase has introduced its new managed cloud platform Backbase-as-a-Service (BaaS). It provides financial institutions access to the firm’s entire portfolio, which consists of various banking products and innovation tools. The online banking software developer officially launched the product at Backbase Connect, the firm’s annual… Read More

January 8, 2020 @ 4:59 pm By Omar Faridi  |  

Dutch financial giant ING will spin out the bond analytics platform Katana, the latest startup to successfully complete and graduate from the bank’s Fintech incubation labs. Katana is presently among 25 other innovation projects being incubated at ING Labs, which have centers based in Amsterdam,… Read More

December 17, 2019 @ 3:47 am By Omar Faridi  |  

The digital-only retail banking platform of ING, a Dutch multinational banking and financial services corporation based in Amsterdam, is set to expand its product offering in 2020. The financial giant’s new services will reportedly include new payments and lending options, and various other products that… Read More

December 2, 2019 @ 2:06 am By Omar Faridi  |  

Amsterdam-based Fintech firm Bunq is introducing a new metal card, called the Green Card. While traditional banking institutions offer some type of cashback program with premium cards, Bunq aims to offer its own kind of “cashback.” For every €100 (appr. $110) users spend with the… Read More

November 21, 2019 @ 8:39 am By Omar Faridi  |  

Amsterdam-based ABN Amro, the third-largest bank in the Netherlands, recently revealed that its Hong Kong division had introduced Temenos’ payment technology offering, called Temenos Payments, as part of the platform’s global launch. Temenos Payments has reportedly been installed at the institution’s subsidiaries in Australia, Belgium,… Read More

October 15, 2019 @ 7:56 am By Samantha Hurst  |  

Plug and Play Amsterdam reportedly held a Soft Launch for its new Smart Cities and Financial Services programs last Wednesday at the Johan Cruijff ArenA. According to Plug and Play, the event brought in more than 80 attendees including six startups and over 30 corporate… Read More

October 11, 2019 @ 3:17 pm By Omar Faridi  |  

Amsterdam-based ING, a multinational banking and financial services corporation, has joined a group of organizations to promote the development and adoption of artificial intelligence (AI) in the Netherlands. The project is part of a nationwide plan to halt a brain drain of talented AI professionals… Read More

June 17, 2019 @ 10:42 am By Samantha Hurst  |  

Symbiont, a smart contracts platform for institutional applications of distributed ledger technology, announced on Monday it has opened its new international headquarters in Amsterdam. This news comes less than six months after the company secured $20 million through its Series B funding round, which was… Read More

November 2, 2018 @ 6:20 pm By Cali Haan  |  

An extortionist has been contacting Amsterdam businesses by email threatening to shoot at or tie grenades to their storefronts if he or she is not paid a ransom of 50 000 Euros in bitcoins, NL Times reports. At least one nightclub and three coffee shops… Read More

October 24, 2018 @ 10:53 am By Samantha Hurst  |  

Azimo, a European digital money transfer firm based in London and Krakow, announced on Wednesday it has expanded further into Europe by opening a new office in Amsterdam. Azimo reported that the location will help it grow its share of the global cross-border payments market…. Read More

December 19, 2017 @ 8:27 am By Erin Hobey  |  

Founded in 2016 by CEO Alexander Ivanov, the public blockchain platform Waves has recently begun its global expansion with a permanent presence in Amsterdam as well as Moscow, thanks to its strategic partnership with Primalbase. The Berlin office has already been opened and Waves will… Read More

March 2, 2017 @ 1:01 pm By Samantha Hurst  |  

Propel(x) announced on Thursday the formation of its Propel(x) Industry Council. According to the online angel investment platform, the new council consists of a group of industry thought leaders and influencers who will provide support and guidance for early and growth-stage science and technology startups. Members… Read More