Leeds Building Society opts for Mambu core banking system in tech overhaul
The building society is to leverage its Mambu core to build new mortgage and savings products.
Netherlands
The latest fintech news, resources and expert analysis in the Netherlands by the leading intelligence provider for the worldwide fintech community.
Navy Federal Credit Union agrees new seven-year partnership with Backbase
NFCU is “continuing to standardise” with the fintech’s engagement banking platform.
CAB Payments to expand into the EEA after securing European PSP licence
CAB Payments Europe has been granted a PSP licence from De Nederlandsche Bank (DNB).
April taps Dutch fintech Ohpen to power its UK mortgage offering
The London-based lender provides longer term fixed-rate mortgages and soft launched last month.
Levenue snaps up MidFunder to broaden financing in Switzerland
The acquisition will enable Levenue to boost the footprint of its revenue-based financing marketplace.
JP Morgan leads €36m Series B raise for Dutch start-up Eye Security
The start-up now plans to expand across Europe with a focus on the EU’s incoming NIS2 directive.
Rabobank partners French fintech Dejamobile for merchant SoftPOS solution
The partnership will enable the bank’s merchant clients to accept payments on their mobile phones.
ABN Amro partners Dutch paytech Buckaroo for merchant payment services
Utrecht-based PSP Buckaroo will assume management of the bank’s debit card acquiring contracts.
Blockchain intelligence start-up Crystal hires Navin Gupta as new CEO
Gupta succeeds Marina Khaustova in the role, who will now shift to the position of COO.
SME banking tech start-up Finom lands €50m Series B to power product expansion
The Amsterdam-based start-up has now raised over €100 million to date.
MessageBird seeks entry into financial services with call for potential acquisitions
The platform’s search is currently focused on companies with EMI/PI licences and revenues of up to $5 million.
Power in simplicity: confirmation of payee provider SurePay wins at Banking Tech Awards
Making life difficult for fraudsters but easier for business is the real success story, says SurePay.
BNPL firm Billink fuels European expansion plans with $32m funding from Varengold Bank
The Dutch paytech is looking to expand its presence and break into the neighbouring market of Germany.
Danske Bank looks to improve digital customer experience with Backbase
Backbase’s tech will be implemented across the bank’s digital channels “progressively” over the next few years.
Ant Group reportedly nearing deal to acquire Dutch payments firm MultiSafepay
The potential acquisition would value the Dutch payments firm at $200 million, Reuters reports.
ICYMI fintech funding round-up: Fiat Republic, Hakbah, Payble and Spare
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Dutch neobank Bunq launches self-built GenAI platform for customers
Dubbed Finn, the platform allows users to ask advanced questions or seek advice about their finances.
Video: Five Degrees at the Banking Tech Awards 2023 – digital banking innovation
We chat with Bjorn Holmthorsson, Managing Director at Five Degrees, and Jamie Burink, Business Head at Fyndoo.
First Bank taps Backbase for engagement banking platform
First Bank’s Bala Nibhanupudi says it’s “the final step in our years-long digital transformation journey”.
Dutch commercial bank NIBC taps Fenergo for KYC tech
The bank plans to streamline the onboarding of new clients with enhanced KYC processes.
ABN Amro to acquire Dutch neobroker Bux for undisclosed sum
ABN Amro hopes the deal will help it gain a foothold in the retail investment space.
French business banking firm Qonto taps Fourthline for onboarding tech
Fourthline’s tech will help the firm authenticate identity documents, electronic signatures and biometric data.
Dutch payment processor Silverflow lands $16.3m funding
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
Levenue lands €8m Series A funding from Truffle Capital, acquires Cake
Levenue provides a marketplace for subscription-based businesses to connect with investors and access financing.
European Payments Initiative completes acquisitions of iDEAL and Payconiq International
The acquired solutions will boost the development of EPI’s digital wallet Wero, which is launching next year.
Dutch paytech Mollie receives UK payment institution licence from the FCA
Mollie CEO Koen Köppen says securing the new licence is “a huge milestone”.
Lloyds backs Sonovate securitisation increase to £240m
The increase builds upon a £165 million deal made with BNP Paribas and M&G Investments in July.
Motive Partners to manage ABN Amro’s ventures fund as part of new partnership
The ABN Amro Ventures (AAV) fund is comprised of 15 early-stage companies and has €150m in AUM.
Accounting software firm Tipalti expands to Europe with EMI licence and localised offering
Additionally, the company has also launched a “fully localised” solution catering to the European market.
Recharge taps gaming payments with Startselect acquisition
Recharge plans to close two to three more acquisition deals in the next 12 months.
BaaS fintech Swan plans European expansion with €37m Series B
France-based Swan will be launching in the Netherlands and Italy.
Digital ID firm Signicat names Michel van den Bogaard as CFO
Based in Signicat’s Rotterdam office, van der Bogaard will lead a team of more than 35 people.
Adyen lands UK banking authorisation from FCA and PRA
The company had previously been operating in the UK under the FCA’s Temporary Permissions Regime.
LC Financial Holdings completes acquisition of BCM Global for undisclosed sum
LC Financial Holdings will help BCM Global expand its business and develop new services across Europe.
Rabobank appoints Alexander Zwart as chief innovation and technology officer
Alexander Zwart replaces Bart Leurs, who has served as chief innovation and technology officer since 2021.
Auxmoney buys majority stake in Dutch credit marketplace Lender & Spender
With the stake, Auxmoney plans to build upon its “continuous organic growth” of recent years.
Core banking tech provider Mambu names Fernando Zandona as permanent CEO
Zandona has served as Mambu’s interim CEO since June after Eugene Danilkis stepped down from the role.
EIF provides Lithuania’s SME Finance with €40m to fund small business lending
SME Finance CEO says the agreement with EIF allows it to offer financing to businesses “on significantly better terms”.
Adyen shares tank following underwhelming H1 2023 results
The company attributed the performance to hiring costs and US competition.
Challenging funding environment pushes LedgerEdge into administration
David Robert Baxendale and Edward John Macnamara have been appointed as joint administrators.
