Tagged: netherlands

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

ABN Amro and Rabobank in the Netherlands are Working with Technology that Helps Combat Financial Crime, but Maintains Client Privacy

ABN Amro (AMS:ABN), a Dutch bank with headquarters in Amsterdam, and Rabobank, a Dutch multinational banking and financial services group, are reportedly working with research platform TNO in order to test technology that allows banking institutions to share data that’s used for identifying financial crime… Read More

The Netherlands: Payments Fintech Recharge.com Raises €10 Million in Debt Funding

Recharge.com, a Netherlands-based payments Fintech, has raised €10 million in debt funding, according to a statement by the company. The company said it secured the funding “largely from London-based Kreos Capital.” Simultaneously, Recharge.com selected Michael Kent as its non-executive chairman. Kent founded global cross-border payments… Read More

OurCrowd Leads Funding Round in Neobank Rewire’s $20 Million Series B

Rewire, a digital banking startup that is targeting cross-border banking services has announced a $20 million Series B funding round. The round was lead by leading global crowdfunding platform OurCrowd and also included a line of credit from an undisclosed bank. According to a release,… 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

Finch Capital’s New Fund to Target Fintech, AI Startups in Europe

Finch Capital, a UK and Netherlands based VC firm, has closed on a new fund – Europe III – raising €150 million to invest in Fintechs and artificial intelligence (AI) startups in the financial services sector. Finch said it will target Series A and B… Read More

PayU Partners with Silverflow on Payments Service

Payments Fintech PayU has partnered with Silverflow, a cloud-based payments processing startup, to offer Payment Service Providers (PSPs) a new card acquiring process. According to a release, by combining Silverflow’s direct connection to the card networks with PayU’s acquiring capabilities, the two companies will improve… Read More

Blockchain and Smart Contract Developer Waves Confirms Odyssey Hackathon was Held Online this Year, Shares Other End of Year Updates

Vladimir Zhuravlev, a Gravity Tech and Waves Association developer, notes that for several years, the Odyssey hackathon (held in the Netherlands) had offered opportunities for software engineers to collaborate on various projects. Zhuravlev revealed that this year, Odyssey was hosted online for the very time… Read More

Fintech Firm Adyen Reveals how Companies are Simplifying and Streamlining Digital Payments with its Products

Payments platform Adyen (AMS: ADYEN) reveals that Kogan.com managed to increase conversions while saving time and money by simplifying their payments process with Adyen. Kogan.com listed on the ASX back in 2016. It’s Australia’s “number one” purely online retailer with over 2.4 million customers. Kogan’s… Read More

Netherlands based Digital Bank Bunq Saw its Mortgages Portfolio Expand by 400% in 6 Months

Dutch banking challenger Bunq has reportedly managed to grow its mortgage portfolio by 400% within six months. Bunq began offering mortgages to Dutch clients in July 2020. The digital bank has teamed up with third-party broker, asset manager NN IP, in order to provide these… Read More

Netherlands based Core Banking Platform Five Degrees Secures €22 Million in Capital

Netherlands-based core banking platform Five Degrees has acquired €22 million in capital through an investment round that was led by Velocity Capital Fintech Ventures. Reggeborgh and Atlas Invest also took part in the round. Karmijn Kapitaal, 5Square and several other existing investors made contributions to… 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

Online Lender October Launches Fast Track Projects in the Netherlands which can Increase Dutch State Guaranteed Loans Offered

Online lender October, which is one of Europe’s leading business financing platforms, has issued over €479 million worth of loans to 1097 different projects since it began offering services around 6 years ago. October has attracted 22,813 investors, which reportedly includes tier-one institutions as well…. Read More

Copenhagen’s Danske Bank has Laid Off 257 Workers as it Adapts to Structural Changes in Financial Sector

Copenhagen-based Danske Bank (CPH: DANSKE), a major retail bank with more than 5 million retail customers, recently laid off 257 workers and finalized voluntary redundancy terms with another 261 employees as part of the banking service provider’s 2-year strategic overhaul of operations. The recently announced… Read More

Global Payments Platform Adyen to Expand Business Operations into Middle East, Launches Dubai Office

Global payments platform Adyen (AMS: ADYEN), which claims it’s the platform of choice for many of the world’s largest businesses, has announced that it would be expanding its operations into the Middle East region. Adyen’s management noted that they aim to support the momentum of… Read More

Netherlands Top Debt Crowdfunding Platform Geldvoorelkaar.nl Forms Partnership with Debt Marketplace CrossLend

CrossLend and Dutch crowdfunding platform Geldvoorelkaar.nl have formed a partnership to fund peer to peer loans. Geldvoorelkaar.nl went live in 2010 as the first crowdfunding platform in the Netherlands. In 2019, Geldvoorelkaar.nl was recognized as the market leader in crowdfunding in its home country.  Geldvoorelkaar.nl… Read More

Netherlands’ TerraPay, a Cross-Border Payments Infrastructure Developer, Appoints Ritesh Pai as SVP for Product and Payments

Netherlands-based TerraPay, a cross-border payments infrastructure developer, has hired Ritesh Pai to serve as the company’s senior vice president for product and payment solutions. TerraPay claims that it’s a leader in offering seamless and secure cross-border real-time payments via “digital interoperability” across different financial instruments including… Read More

Experienced Dutch Lender Discusses his Long-Term Investment Strategy when Investing via P2P Platform October

October, a top European online lender, recently raised €258 million to lend to European SMEs. The additional financing was provided by institutional investors including Intesa Sanpaolo, CDC, FFA and six major insurance firms. The lending platforms management noted in a blog post that its lenders… Read More

Impact Investing: Sophie Robé and Maarten Toussaint from the Netherlands Launch Consulting Firm FINND Impact

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

Digital Assets: Germany, France, Other Nations Ask European Commission to Draft Strict Policies for Stablecoins

Germany, France, Italy, Spain, and the Netherlands recently asked the European Commission (EC) to draft strict regulatory policies for stablecoins, which are digital assets that are supposed to be backed or pegged 1-to-1 with major fiat currencies like the US dollar or the British pound… Read More

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