Tag: ABN AMRO Ventures

It was a challenger to Trade Republic, Scalable Capital and the like for a while, but now the Dutch neobroker BUX belongs to a bank. ABN AMRO announced today that it has acquired BUX and its approximately 500,000 customers. This comes as no surprise to observers, as ABN AMRO Ventures, the bank's investment arm in start-ups, was one of the fintech broker's early backers. BUX is available in several EU member states.

The COVID pandemic seems not to want to end. The BREXIT talks still show no promising perspectives, and nobody knows where the EU, Europe, and the world will be in a few months. This seems to motivate investors to invest even more in FinTechs. Theoretically, many FinTechs should benefit from the age of the home office economy triggered by COVID-19. This week again, the two EU-Fintechs Tink and Solactive announced successful financing rounds.

The COVID pandemic seems not to want to end. The BREXIT talks still show no promising perspectives, and nobody knows where the EU, Europe, and the world will be in a few months. This seems to motivate investors to invest even more in FinTechs. Theoretically, many FinTechs should benefit from the age of the home office economy triggered by COVID-19. This week again, the two EU-Fintechs Tink and Solactive announced successful financing rounds.