Tagged: amsterdam

Amsterdam Fintech Bits of Stock Acquires $4.4M via Seed Round from Keen Venture Partners, Yellow Accelerator by Snap

Bits of Stock, the stock rewards platform, recently secured $4.4 million in seed funding from Keen Venture Partners and Yellow Accelerator by Snap Inc. On a mission to “reverse” wealth inequality, Bits of Stock intends to use the proceeds “to double its size and onboard… Read More

European Neobroker BUX Hires Former ABN Exec as Chief Operations Officer

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… Read More

Payaut, an Automated Payment Solution for Online Marketplaces, Finalizes €8M Seed Round

Payaut, an automated payment solution for online platforms and marketplaces, has announced it has closed an €8 million seed round “led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobal and Entrée Capital.” Payaut, which provides a range of financial solutions… Read More

Fintech Plaid Hires Head of Europe to Address Increasing Demand Across Continent

Plaid, the Open Finance data network and payments platform, has appointed Ripsy Bandourian as its first Head of Europe as it “continues to rapidly expand across the continent.” Based in Amsterdam, Ripsy will lead the business strategy and operations “for Plaid’s Europe arm as it… Read More

Fintech Adyen Opens Applications for Accelerator Program Aimed at Impact Startups

Adyen (AMS: ADYEN) has opened up applications for its second annual accelerator program. It is a week-long program “aimed at EMEA-based social enterprises and impact startups.” Adyen, the international payments platform leveraged by established firms, has noted that it is looking for direct-to-consumer businesses “with a… Read More

Fintech MODIFI Acquires $145M to Support Global SME Trade Among Supply Chain Challenges

Global Fintech firm MODIFI has announced $145 million in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The proceeds will be channeled towards addressing rising demand and help more SMEs with trading internationally on MODIFI’s digital platform. The COVID-19 outbreak has “negatively… Read More

Small Business Owner Reveals How they Borrowed €465K from 3,000+ Lenders via October to Maintain Operations

The team at European online lender October recently revealed that Lot61 had borrowed €465,000 in order to finance an acquisition of part of their business. As mentioned in a blog post, October spoke to the company’s Australian founder Adam Craig about entrepreneurship, growth and “the… Read More

Amsterdam based Neobanking Fintech bunq Introduces Local Currency Feature via Platform’s Banking App

Amsterdam-based neobanking Fintech Bunq has introduced a domestic currency feature for digital nomads that is available via the firm’s banking app. Bunq clients are able to receive, convert, hold and spend in several different currencies without needing to exit the app. The first currencies that… Read More

Domenic Carosa: Founder and Chairman at Banxa Reveals Plans to Become the Leading Crypto to Fiat Gateway

We recently caught up with Domenic Carosa, Founder and Chairman at Banxa (TSX: BNXA), which powers one of the largest digital asset platforms by offering payments infrastructure and regulatory compliance across international markets. Banxa’s goal and vision is to develop the bridge that offers consumers… Read More

Billtrust Announces Acquisition of iController, a Belgium-headquartered B2B Collections Software Provider

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider, has acquired iController, a B2B provider of intelligent solutions for collections management, “for $58 million, financed with cash on hand.” Established in 2007, Belgium-headquartered iController’s software-as-a-service (SaaS) product offering supports ” a… Read More

Amsterdam Fintech Sprinque, a Digital Checkout Service Provider, Acquires €1.7M from Volta Ventures, Others

Amsterdam-headquartered Sprinque, a checkout service provider, has reportedly secured €1.7 million in capital from Volta Ventures, Force Over Mass and several angel investors and payments industry professionals. Established this year, Sprinque has created seamless digital checkout infrastructure in order to make business transactions as easy… Read More

Global Payments Fintech Adyen Introduces Machine Learning enabled Compliance Solution, Score

Adyen (AMS: ADYEN), the international payments platform for leading businesses, has officially launched Score. Adyen claims that it’s the first-to-market with a machine learning powered solution on a single platform for identifying unusual activity and ensuring platform compliance. By utilizing key data insights for analyzing… Read More

Global Fintech Adyen Partners with Shiji Payments to Streamline Hospitality Business Transactions

Adyen (AMS:ADYEN), the international payments platform, recently announced the launch of its integration with Shiji Payments, offering hospitality businesses the option to leverage the  Adyen platform together with Shiji, “a leader in the provision of technological solutions for the hospitality, food service, retail, and entertainment… Read More

Netherlands based ABN Amro to Offer Sustainability Discount on Mortgage Interest Rates for Energy-Efficient Homes

ABN Amro (AMS: ABN), a Dutch bank with headquarters in Amsterdam and currently the third-largest bank in the Netherlands, will be offering clients a sustainability discount on mortgage interest rates for energy-efficient homes. ABN Amro‘s management noted that they will be using the EU’s Energy Label… Read More

Fintech Division Established by Booking.com to Improve Access to Firm’s Global Travel Marketplace

Booking.com reveals that it has formed a new internal Fintech division in order to support access to the firm’s global travel marketplace for clients and partners. As an international digital commerce firm with business operations in almost every country and city, Booking.com’s goal behind creating… Read More

European B2B Wealthtech Allfunds Set to List on Euronext Amsterdam Stock Exchange

Madrid-based Allfunds, a B2B Wealthtech solution provider, will reportedy be listing on the Euronext Amsterdam stock exchange. Allfunds has developed a comprehensive ecosystem that aims to cover the complete fund distribution value chain and related investment cycles, including through Allfunds Connect, which is a suite… Read More

Amsterdam Overtakes London as Europe’s Largest Stock Trading Center, Reports €9.2 Billion in Trading Volume in Jan 2021

Amsterdam has reportedly managed to overtake London as the largest share trading center in Europe. Industry analysts have noted that the symbolic blow may be followed by London losing many more jobs and business opportunities due to Brexit. Amsterdam, which was once the sixth-largest European… Read More

Netherlands based Firms Made Several Important Fintech Acquistions in 2020 in Order to Diversify and Strengthen Business Operations: Report

The Fintech sector has been growing rapidly across the globe, especially following the COVID-19 outbreak which has accelerated the shift towards digital financial services. Although the Coronavirus crisis has negatively impacted certain business sectors in Europe like travel and the hospitality industry, the European Fintech… Read More

Amsterdam based Backbase, a Fintech Software Provider, Chosen by UNOBank to Offer Engagement Banking Platform

Amsterdam-based Backbase, a Fintech software provider that “empowers” financial institutions to accelerate their digital transformation strategies in order to compete in a digital-first world, has been chosen by DigiBankASIA to provide its “full-stack” online engagement banking platform solution for its virtual bank UNO. Backbase will… Read More

Dutch Fintech Payaut Raises €2.6 Million Through Seed Funding Round Led By LocalGlobe

  Payaut, an Amsterdam-based fintech, has raised €2.6 million through its seed funding round, which was led by LocalGlobe with participation from Finch Capital and Entrée Capital. Founded in 2019, Payaut offers any online marketplace a PSP agnostic solution that enables the platform to be… Read More

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