Tagged: netherlands

Alternative Finance Report: SMEs Raised €2.7 Billion in The Netherlands

A year-long study by Stichting MKB Financiering, a think tank covering the alternative finance market, is reporting that SMEs raised €2.7 billion in The Netherlands in non-bank financing. The group states that the data proves that alternative finance has gone beyond the experimental phase “securely positioning itself… Read More

Perspective: Should Workers Shoulder the Burden of this Crisis? Only When They Get to Share in Later Benefits

Bernhoven Hospital was on the frontlines as the first Dutch cases of COVID-19 surfaced in the southern province of Brabant. The hospital made positive headlines due to its warm relationships with staff and local residents. This is one of the main reasons the health care… Read More

Bitcoin (BTC) Investments: Institutional Investors Still Not Sure whether Cryptocurrencies are Independent Asset Class, PwC’s Henri Arslanian Reports

Henri Arslanian, the Global Crypto Leader at PricewaterhouseCoopers (PwC), notes that many analysts have been attempting to predict the Bitcoin (BTC) price. This, after we’ve seen record leves of quantitative easing from reserve banks across the world, increased retail adoption of digital currencies and platforms,… Read More

Update: Dutch Crowdfunding Platform Lendahand Set to Close Seedrs Campaign With More Than €1.1 Million Raised

Lendahand, a Netherlands-based for-profit crowdfunding platform for impact investing, is set to close its equity crowdfunding campaign on Seedrs with more than €1.1 million secured from over 620 Seedrs investors. As previously reported, Lendahand describes itself as a for-profit company that is on a mission to… Read More

Amsterdam Fintech BUX, a Retail Brokerage Firm, to Offer Simplified Investing Experience to Traders in Germany and Austria

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

European Regulators Only Issued 34 Payment Institution and E-Money Licenses During First 5 Months of 2020, and 131 Such Permits During Same Period in 2019

The global economy has slowed down considerably during the past few months due to COVID-19. Many businesses and industries have been negatively affected, including financial services providers. The pandemic has destabilized private capital markets. Investments in new initiatives and early-stage companies have decreased significantly. During… Read More

Overfunding: Dutch Crowdfunding Platform Lendahand Secures €1 Million Funding Target Through Seedrs Campaign

Lendahand, a Netherlands-based for-profit crowdfunding platform for impact investing, has successfully secured its initial €1 million funding target through its equity crowdfunding campaign on Seedrs. The funding round was launched earlier this month and has attracted nearly 425 Seedrs investors. As previously reported, Lendahand describes… Read More

Dutch Crowdfunding Platform Lendahand Seeks €1 Million Through Seedrs Funding Round

Lendahand, a Netherlands-based for-profit crowdfunding platform for impact investing, is now seeking to raise €1 million through its equity crowdfunding campaign on Seedrs. The launch of Lendahand’s Seedrs round comes nearly four years after the platform raised $465,768 through its second round of funding on… Read More

European Bitcoin (BTC) Savings Service Bittr Forced to Shut Down Due to Extensive and Costly AMLD5 Regulatory Requirments

Netherlands-based Bittr, a Bitcoin (BTC) savings service, is reportedly closing down its business. Ruben Waterman, the company’s founder, said that newly-enforced financial regulations were the main reason why Bittr decided to shut down its services. The AMLD5 became effective July 9, 2018, and required the… Read More

Dutch Banking Challenger bunq Introduces Joint Accounts for Premium and Business Account Holders

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

CBDCs: Reserve Bank of the Netherlands Plans to Play a “Leading Role” in Developing National Digital Currencies

The reserve bank of the Netherlands, De Nederlandsche Bank, recently revealed that it’s planning to play a key role in the ongoing development of central bank digital currencies (CBDCs). As mentioned in a notice published on April 21, 2020, the Dutch central bank said that… Read More

Netherlands-based Wolters Kluwer’s Compliance Program Management Business Introduces Coronavirus Noteworthy Developments Bulletins

Wolters Kluwer’s Compliance Program Management (CPM) business has introduced the Coronavirus Noteworthy Developments Bulletins, which aim to bring together all the global regulatory modifications, orders, notices and various other updates for the financial services sector (as they relate to the deadly COVID-19 outbreak). The newly… Read More

CO2 Free: Challenger Bank bunq Plants Trees with Green Card Launch

Netherlands based challenger bank bunq has announced a new program where its customers may become “CO2 free” in under two years simply by using the bunq Green Card. bunq SuperGreen is a program that for each €100 spent on any bunq card the company will… Read More

Blockchain: Invoice Finance Platform Finturi Approved by Dutch Authority of Financial Markets

Finturi, a Netherlands-based startup that leverages blockchain to power invoice financing, has received regulatory approval by the Dutch Authority of Financial Markets (AFM), according to a note from the firm. Launched in September 2018, Finturi uses technologies like blockchain and artificial intelligence (AI) to make… Read More

Netherlands’ 3rd Largest Bank, ABN Amro, to Offer Credit Facility to Commercial Banking Clients to Help Cope with Coronavirus Outbreak

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

COVID-19 Prevention Campaign: IT Firms in the Netherlands Launch “Tech Against Corona” Project, Leverages DLT

A group of companies based in the Netherlands have introduced the “Tech against Corona” project. Firms taking part in the initiative will provide the latest technology and expertise to the Dutch government so that it may be used to combat the coronavirus (COVID-19) outbreak. Tymlez,… Read More

Netherlands: Firm24 Looks to Launch Digital Shareholder Registry in Partnership with Dusk and LTO Network

Firm24, a company that reportedly provides corporate services to 25,000 companies in the Benelux region, is looking to “tokenize” the shareholder registry via a partnership with Dusk Network and LTO Network (formerly LegalThings One). LTO Network is also a crypto that currently trades on Binance…. Read More

Contactless Payments to be Allowed for Larger Amounts, without PIN Entry, by Banks in the Netherlands and Norway

Banks in the Netherlands are helping customers perform contactless payments at store locations without requiring them to enter their PIN numbers. This move is part of the extraordinary measures that have been taken to prevent the further spread of the deadly and highly contagious Coronavirus… Read More

Digital Transformation: Virtual Banking Solution Provider, Backbase, Partners Finaxct to Assist Banks with Upgrading Platforms

Backbase, an omnichannel digital banking solution provider, has teamed up with Finxact, in order to assist banks and credit unions with their digital transformation efforts. The partnership between Backbase, a Netherlands-based digital banking software developer, and Finaxct, aims to combine the best of online and… Read More

Amsterdam-based Financial Services Firm LoanClear to Acquire Brismo, a Provider of Lending Performance Data

London-based Brismo, a provider of lending performance data, is being acquired by LoanClear. The business will be based in Amsterdam, after the acquisition is finalized by Q3 2020. The combined company will aim to combine Brismo’s standardization and validation of performance, benchmarking, indices, analytics with… Read More

Send this to a friend