Tagged: amsterdam

February 15, 2021 @ 5:46 pm By Omar Faridi  |  

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

December 15, 2020 @ 8:52 pm By Omar Faridi  |  

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

December 13, 2020 @ 9:30 pm By Omar Faridi  |  

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

December 7, 2020 @ 8:49 am By Samantha Hurst  |  

  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

September 25, 2020 @ 5:55 pm By Omar Faridi  |  

Sophie Robé, CFA and Impact Investing Adviser and Investment Consultant from Amsterdam, Netherlands, has confirmed the official launch of FIIND Impact, which is described as an independent investment consultant and advisor that aims to strategically combine impact and financial expertise. FIIND Impact aims to help… Read More

September 1, 2020 @ 1:32 pm By Omar Faridi  |  

The retail banking sector has been hit with numerous scams during the past few years. Cybercriminals are now also beginning to increasingly go after much larger corporate accounts by launching sophisticated malware and phishing attacks, according to Beate Zwijnenberg, chief information security officer at ING… Read More

August 9, 2020 @ 2:54 pm By Omar Faridi  |  

Amsterdam based Fintech firm Kinder has reportedly secured €500,000 in funding and may be planning to make an official announcement soon, according to Silicon Canals. The Fintech company could have raised more capital, however, some investors may have held back due to the economic challenges… Read More

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