Dutch Fintech Navigator

DUTCH FINTECH NAVIGATOR

WOPKE HOEKSTRA MINISTER OF FINANCE Dear reader, Most books about technology are outdated before they are even published. I hope this book is different, but I will not put any money on it. Not because this book is not worth it. It most certainly is.

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Already more than four hundred companies are operating in the Dutch FinTech industry, and this number is growing fast.

But because, before the ink of these words is dry, innovators in the Dutch FinTech industry will have come up with even more promising ideas that make banking and finance easier, safer and more efficient.

These companies don’t really need the government to make their business successful. Most of them know perfectly well what they want and how to get it. What we can do is inform, encourage and enable; to make sure start-ups can safely and successfully develop their businesses. We can also make sure regulation is clear and not more tight than necessary.

The Netherlands is one of the global front-runners in successful FinTech innovation. We are home to many start-ups that profit from our good infrastructure, talented population and international focus.

The Dutch Central Bank and the Dutch Authority for Financial Markets have together set up an InnovationHub. On this platform, companies can informally ask regulators all kinds of questions.

In the first year, more than two hundred questions were asked and answered. Not only do companies learn from the answers, they also make regulators more aware of market developments.

Companies looking to obtain a license can further profit from the Regulatory Sandbox, which enables financial enterprises to roll out their innovative concepts without unnecessary barriers.

The regulator explicitly considers the spirit rather than the letter of the rules, and it can waive regulations where possible.

These examples show our commitment to a thriving FinTech sector in the Netherlands. As a government, we have to keep moving and we have to keep adjusting. We can only do so if we have an open, accommodating mind and are willing to learn.

This book may not have eternal value, it is indispensible for understanding the nature and prospects of the FinTech sector in the Netherlands. So I encourage both entrepreneurs and government officials to start reading right away. Because in the world of FinTech, there is no time to waste.

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CONTENT Preface 2

by Wopke Hoekstra, Minister of Finance Stakeholder View 6

by Constantijn van Oranje, Dutch Startup Envoy Stakeholder View 10

by Klaas Knot, President of De Nederlandsche Bank Stakeholder View 14

by Cateautje Hijmans van den Bergh, Member of the Board of ACM Stakeholder View 18

by Merel van Vroonhoven, Chairman of the Board of AFM Dutch Fintech Overview 22 Highlighted Companies 29 Companies Per Domain 187 Bank Platform Software 188 Payments 192 Insurance 198 Asset Management and Capital Markets 202 Risk and Regtech 206 Identity and Security 210 Alternative Finance 214 Consumer Lending 218 Personal Finance and Planning 222 Administration 226 DLT and Cryptocurrencies 230 Data and Analytics 234 Technology Services Providers 238 Strategy, Advisory and Support 242 About Holland FinTech Stakeholder View

by Don Ginsel, Holland FinTech

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CONSTANTIJN VAN ORANJE DUTCH STARTUP ENVOY

StartupDelta is a public private partnership, with key stakeholders from ministries of the Dutch Government, Dutch regional innovation hubs and a large group of supporting corporate partners.

Other parties in our ecosystem include public development funds, venture capital firms, accelerators & incubators, Universities and schools 8

to deliver its ambitions. Between them, there is healthy competition, but also a keen understanding that to be globally competitive we all need to get our interests aligned and need to cooperate effectively in the interest of our entrepreneurs.

It is the challenge of StartupDelta to align these interests and make them deliver superior outputs.

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We are proud to have been contributing to the Dutch Fintech ecosystem.

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StartupDelta connects all relevant parties in the Dutch startup & scaleup ecosystem. As such, we are very closely involved in Fintech developments. Fintech has taken a big leap forward over the past years and we are proud to have been contributing to the Dutch Fintech ecosystem, also in cooperation with Holland Fintech.

Bringing together all actors into one single hub really helps to collect and provide the relevant

I believe the Netherlands could have the best innovation and entrepreneurship ecosystem in the world. With Amsterdam as a booming flagship and Eindhoven as world class high tech Cluster and nine more internationally relevant innovation hubs, the whole country is embracing innovation and entrepreneurship.

The Netherlands leads in most international benchmarks in terms of investment climate, digital infrastructure, innovation, quality of life, connectedness, community sense and political stability. The Netherlands has really been punching above its weight, as it is consistently ranks in the top 5 or top 10 of the relevant global

indexes and even takes the aggregate number 1 spot in the combined innovation indices. The country has world class technology and an increased focus on solving big societal and environmental problems with startup and technological solutions. However we can still learn from countries like Israel and Switzerland as well as from ecosystems around MIT/ Cambridge and Silicon Valley how to mobilise this through innovative high growth companies that scale globally. So, there is still a lot of work to do.

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I believe the Netherlands could have the best innovation and entrepreneurship ecosystem in the world.

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knowledge and network for everyone. We want to ensure maximum transparency within the ecosystem and strive to enable entrepreneur-friendly government policies. It’s all about helping high growth companies scale internationally, by providing access to relevant networks and attracting fresh venture capital funding. Also, it’s about the commercialisation of breakthrough technologies, that are spun out from Dutch universities and creating a fertile ground for people that want to start a company, and then support them with early growth, for example by connecting tech startups to larger corporations.

Over the past years we have made considerable progress on key indicators as the number of startups, number of scaleups, venture funding volume and increase in commercialisation of academic knowledge and technology. Also the awareness of startups, entrepreneurship, agile way of working and political support for high growth innovative enterprises has got much traction.

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Fintech has been leading the tech revolution. Large corporates like banks and insurers have acknowledged the disruptive potential of Fintech and already embrace a startup way of working and partner up with fintech startups and actively support them.

As such this sector has set the pace for other industries. Also Fintech services have allowed other tech to spread faster: Payments innovation has spurred e-commerce and the subscription economy, crypto currencies are potentially changing the banking system, and financial advice is becoming affordable for all.

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There are many successes, but I am especially proud of Adyen as a Dutch success story and hope many others will follow soon. I see massive potential in blockchain solutions in which the Netherlands has enthusiastically engaged, staging the world’s biggest Blockchain Hackathon. Also internationally Dutch entrepreneurs show large successes in this area, like Marc van der Chijs of First Coin Capital, an ICO investment bank, and Hut 8 Mining.

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We need to allow more experimentation with new business models and reduce the regulatory burden on the sector.

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There are some drawbacks too. Dutch culture doesn’t naturally embrace big visions and cheer on high ambitions, which is why Dutch entrepreneurs may not aim high enough to build unicorns. The available funding is still fragmented by sector and funding stage, and has a short to medium term focus.

Risk appetite that aligns with investing in startups is increasing, but has some way to go. And the knowledge transfer system produces insufficient successful high growth tech startups. We weren’t sufficiently connected to other world leading innovation and startup hotspots and relevant networks, but it is now picking up the pace.

Still, we need to attract more foreign smart capital to invest in Dutch startups and grow our own pool of available funding instruments (grants, debt and equity), also in new areas like crowdfunding and ICO’s.

We want to see more businesses scale to unicorn status or more importantly to strong, international high growth companies with sustainable business models.

I want the Netherlands to become the best place to convert knowledge into economic worth,

particularly through startup enterprises. We need to allow more experimentation with new business models and reduce the regulatory burden on the sector.

Governments ideally provide a stable investment and predictable business climate, where entrepreneurs can start, scale, internationalise and exit their businesses as effectively and efficiently as possible and where investors are stimulated through the tax regime to keep investing in new ventures. Governments should also provide the best possible tech and entrepreneurship education to ensure the very high demand for talent is met.

A proactive talent policy must also include an accommodating migration policy. Finally, governments at all levels can act as launching customers and ensure legislation and procurement processes are innovation friendly.

We are very glad that we have seen much progress in all aspects of the startup ecosystem, and that we have many Fintech success to show for it. We will keep on connecting all stakeholders, including foreign people and companies joining the Dutch ecosystem.

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FINTECH AND THE CHANGING PAYMENTS LANDSCAPE Klaas Knot

President of De Nederlandsche Bank

Technological innovation is one of the key driving forces in the evolution of the financial landscape. While technology has always been key for the financial industry, the current speed of change is astonishing and especially in payments, fundamental changes are taking place.

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Innovation is essential to maintaining a healthy financial sector.

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Many countries, including the Netherlands, have become less cash-based. In the meantime, 12

the payments landscape continues to develop further and has now been enriched with innovative payment methods and new nonbank payment service providers.

State-of-the art technologies, a growing focus on customer experience and increasing investments in FinTech initiatives are driving this. And as always, change is a source of opportunities, but also brings along challenges.

De Nederlandsche Bank (DNB) has a legal mandate to promote the smooth functioning of the payment system and therefore facilitates the positive contribution of technological innovation, while addressing the potential risks.

In view of these potential advantages, DNB is committed to facilitate the positive effects of technological innovation to society.

To this end, DNB has established the InnovationHub, jointly with the Dutch Authority for the Financial Markets (AFM). The aim is to provide market participants with quick and informal guidance to questions they have about financial

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DNB is committed to facilitate the positive effects of technological innovation to society.

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DNB promotes an innovative climate Innovation is essential to maintaining a healthy financial sector. The same applies to the payment system. Market entry of new non-bank institutions enhances competition in the provision of payment services.

Non-bank service providers often focus on specific services instead of a wide variety of products. By doing so, they are able to bring more choice to customers and to serve specific unserved or underserved niche markets. The traditional service providers, in their turn, will have to compete more intensively on price and customer experience. At the same time, they may also increase the cost efficiency of their business by seeking collaboration with new market entrants, such as IT businesses that, due to their specialisation and new infrastructures, are able to provide services at lower cost.

supervision and regulation.

The InnovationHub is available to both new and existing firms, irrespective of whether they are subject to supervision of the AFM or DNB. In addition, DNB and the AFM have launched a ‘regulatory sandbox’, which is available to all financial enterprises wanting to roll out an innovative financial concept. The objective of the regulatory sandbox is to explore the scope offered by the law when interpreting the rules with the aim of avoiding undue obstacles to innovative financial services and activities.

The potential of blockchain and DLT in payments Given the speed and complexity of technological advances, it is crucial for DNB to actively build up expertise. One of the notable innovations in payments is blockchain technology and – more generally – distributed ledger technology (DLT). Many authorities and institutions are exploring and studying its potential for the financial sector, for example for interbank transactions or for 13

the administration of securities.

The InnovationHub has received a broad range of questions from market participants about the potential application of this technology. DNB itself is also studying how DLT could contribute to the efficiency and cyber resilience of payment and securities markets.

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Collaboration is also essential when it comes to the robustness of the payment system.

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Working together to boost confidence and resilience While facilitating innovations, DNB keeps a sharp eye on the potential risks they introduce and addresses these when needed.

The ongoing digitalisation and the revised European Payment Services Directive (PSD2) have introduced widespread concerns about privacy and data protection.

DNB and the Dutch DPA (Data Protection Authority – Autoriteit Persoonsgegevens) will work together to ensure that payment service providers have proper security policies in place.

Collaboration is also essential when it comes to the robustness of the payment system. The growing reliance on digital systems makes 14

the payments infrastructure more vulnerable to cyberattacks.

A prolonged disruption of a payment system can have far-reaching implications for financial stability and is socially unacceptable. It is for this reason that cyber resilience is high on our agenda. National and international collaboration, both with the private and the public sector, is essential in this respect. Together with the other institutions in the Dutch financial core infrastructure (FCI), DNB has developed a guide for threat intelligence-based ethical red teaming, the TIBER-NL framework.

As part of this framework, FCI institutions hire cybersecurity experts that deliberately attack their critical core systems with an aim to enhance their resilience and learn from each other’s best practices. Of course, cyberthreats are not stopped by national borders. Therefore DNB works closely together with the European Central Bank (ECB) and other national central banks within the Eurosystem to develop a similar framework, TIBER-EU, using TIBERNL as a blueprint.

Fragmentation of the payments chain The expanding role of non-bank service providers has resulted in a growing fragmentation of the payments chain, which requires the chain to be considered holistically.

Specialised niche businesses,

pricing of payment services, such that incentives to invest in robust payment infrastructures are retained.

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The payments chain comprises more and more parties with a strong interdependency,

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such as IT companies, telecom providers and other non-bank service providers, are increasingly taking over tasks that used to be provided by banks. Moreover, these parties as well as banks increasingly depend on other critical infrastructures, such as the internet or cloud services.

As a result, the payments chain comprises more and more parties with a strong interdependency, but these not always have the same interests. Nor are they always supervised by the same supervisor, if any. This increases the complexity of the payments chain, which could lead to a reduction in cost efficiency. Moreover, it might result in dispersion of transaction information, which may hinder transaction monitoring and the prevention and detection of payments fraud. This payments chain fragmentation calls for a chain-wide perspective. Close cooperation with other authorities, such as the AFM and the Dutch DPA, is of the utmost importance in this respect. Against this background, DNB strives to achieve a more encompassing view on the different parties within the payments chain and their interdependencies. The fragmentation also raises questions about the sustainability of existing business models of traditional payment service providers, as well as about the appropriate

To conclude I believe that innovations, both from traditional and new market participants, can bring the efficiency and robustness of the payments system to a higher level. This will benefit the financial landscape in general, thereby contributing to sustainable prosperity for our society. Therefore, at DNB we are dedicated to creating an innovative climate, of course while closely monitoring and addressing the risks to financial stability.

I consider it important that DNB uses an outside-in approach, so that new developments guide our organization’s position and way of working. This is what I encourage among my colleagues. An innovative financial sector requires a robust, yet innovative supervisor.

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NEW ENTRANTS IN THE PAYMENTS MARKET ACM’S PERSPECTIVE Cateautje Hijmans van den Bergh

Member of the Board of the Netherlands Authority for Consumers & Markets

Payments in the Netherlands are cheap, fast and safe. The challenge is to keep it that way, 16

while ensuring plenty of room for competition and innovation.

To paraphrase Director-General Laitenberger of the European Commission’s DG Competition: the fact that a particular market situation may produce benefits to consumers, should not blind us to the fact that there could be even more benefits if there was more competition.

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It is important that challengers that use new innovative technologies can gain entry into the payments market.

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Innovation is important. Innovation ensures that consumers are provided with better offers and in general can lead to an easier life for consumers. It has taken most of us very little time to get accustomed to new payment innovations, such as paying with an app and contactless payments.

For this reason, it is important that challengers that use new innovative technologies can gain entry into the payments market.

An additional advantage is that new entrants tend to incentivize established market players to step up their own innovative efforts.

As a board member of the Netherlands Authority for Consumers and Markets (ACM), I see it as my job always to strive for a better deal. ACM’s mission is to provide options and opportunities for businesses and consumers. In other words, we ensure fair competition between businesses, while protecting consumer interests and creating consumer welfare. We do that by enforcing the competition law and the consumer law. And by giving direction and advice to market parties and policy makers to stimulate competition and innovation to the benefit of consumers.

Innovation thrives when there is healthy competition. However, wellfunctioning markets cannot be taken for granted. This is also the case for financial markets. Complex and intrusive regulations, such as we sometimes see in financial markets, tend to have a dampening effect on competition. And high entry barriers for new challengers may cause large parts of the financial sector to stay in the hands of a few big firms. The Dutch payment infrastructure is reliable and secure. It is vital that measures

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Innovation thrives when there is healthy competition.

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Innovation does not cease in a competitive market, and so we should never cease to demand a better deal.

continue to be in place to keep it that way, so it makes sense to build on the foundations that have been laid down. However, beyond that, market forces should do their work so everyone can benefit from a competitive and innovative sector.

As a market authority, the ACM aims to eliminate or at least reduce the risks of new technologies.

However, concerns about possible risks should not dominate the debate. We should strike the right balance between risks and opportunities. Risks should not divert our attention from stimulating opportunities that may give us a better deal.

That is not because there are no risks involved when new entrants and technologies are introduced to the payments market. I share a lot of the concerns that I hear on this issue, for example, concerns relating to consumer privacy and the integrity of the payments system. Based on its own competition mandate, ACM has investigated risks for competition, specifically the risk that banks 17

will foreclose new entrants to the payments market. We concluded that there is a real risk that banks will try to foreclose new entrants in the payments market, especially entrants that need access to the account of consumers. The PSD2 aims to provide new entrants with access to payment information of consumers, after explicit consent of that consumer. Our analysis shows that PSD2 does not completely take away the risk of foreclosure, because the conditions under which access has to be provided may not be completely clear at this moment.

Banks may also be required to provide access free of charge, which could give them incentives to limit access or to ask very high prices for additional services. We feel that European standardisation of (API) technologies, which is open to any party, will help to increase competition and lower costs for the incumbents.

However, what is even more important than identifying and remedying possible risks, is to seize any opportunities that provide new and established market players with more room to innovate and compete. We need to be in constant dialogue with new and established market players to identify what these opportunities could be. And we need to bring the views of all parties to the table.

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All too often the incumbent-view and lobby is very well organised, while the views of new entrants are diffused.

Informing consumers about these opportunities is also vital.

Innovation and competition are obsolete if consumers are only aware of the risks of new products and providers. Consumers need to be confident that they can choose the product and provider that best meets their needs. They need to trust that their interests are well protected by regulation and by the relevant market authorities. And they need to be confident that they can make an informed choice.

I see it as ACM’s and my personal mission always to strive for that better deal. It is encouraging to see that ACM is not alone in this.

We are talking at different levels with our colleagues from other authorities in the financial sector.

For my part, it is clear that we share a common interest: to ensure that consumers and businesses can benefit from the best payment solutions imaginable. I am convinced that Holland Fintech also shares this view. That is why I gladly accepted the invitation to contribute to this publication.

I hope that Holland Fintech will continue its efforts to stimulate those opportunities that give all of us a better deal.

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TECH IS DRIVING CHANGE NOT ONLY WITHIN COMMERCIAL BUSINESSES, BUT ALSO WITHIN REGULATORS AND SUPERVISORS

Merel van Vroonhoven

Chairman of the Board of the Netherlands Authority for the Financial Markets

Innovation is a vital ingredient for any healthy economy. Only by constantly innovating and reinventing themselves, companies will be able to keep meeting consumer needs. The AFM together with the Dutch Central Bank and supervisors in other jurisdictions make a range of services available to innovative firms, from answering regulatory queries to other bespoke and tailormade approaches, designed to encourage and enhance innovation.

Moreover, these interactions are also a great learning experience for both supervisors and commercial businesses.

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Digitization is accompanied by a number of medium-term policy challenges.

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As digitisation is taking place at a speed we haven’t been confronted with in terms of earlier innovations, supervisors need to stay on top of things.

Offering a bespoke service to fintech firms and incumbents (also) helps to detect unnecessary barriers to innovation. Most barriers are caused by misunderstandings or different interpretations of legislation by regulators, supervisors and firms. Therefore, we do not see many regulatory barriers that prevent Fintech firms to scale up and provide services across multiple jurisdictions (other than frictions that are inherently part of regulatory systems). However, digitalization is accompanied by a number of medium-term policy challenges.

These consist of key challenges like:

Usage of data in the interest of consumers As digitalization is accompanied by broad usage and processing of data new challenges lie in designing proper governance models for data to be used ethically. For us as conduct supervisor this implies a focus on duty of care in a digital international data driven market.

Innovation creates new ways to serve people, but also new ways to exploit their limited rational economic decision making. Our role is to ensure that companies don’t exploit these predictable ‘imperfections’ and innovate in the long term interest of consumers, investors and/or society as a whole.

As this is relevant to both financial regulators and data protection authorities there is a challenge for these institutions to cooperate.

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Innovation creates new ways to serve people, but also new ways to exploit their limited rational economic decision making.

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National jurisdictional approach vs. a global world wide web approach Although most of our rules emanate from global principles and EU Legislation, we still largely

depend on the rule of law in particular jurisdictions. This is completely ad odds with digital developments, like we see right now with crypto-assets and ICO’s.

These services are not bound to national borders which means services can be offered across multiple jurisdictions. This raises questions around: the state of incorporation of a firm that is relevant for its accountability, different applicable regulatory regimes (inevitably regulatory arbitrage) and effectiveness of passporting regimes (particularly within the EU). Disfunctionalities in regulatory regimes makes enforcement action with regard to illegal, unethical or fraudulent businesses difficult. In this context the responsibilities of the European Supervisory Authorities with regard to supervisory convergence is very important but in some cases a stronger form of harmonization at European level is needed.

Disintermediation New technologies like DLT can make the role of certain financial intermediaries redundant. This raises the question on how the combined activities can be best regulated. Especially in areas where rules are more entity-based rather than activity-based.

In considering the appropriate regulatory and supervisory 21

response to technological innovations in the financial sector, we believe a number of principles should be consistently taken into account. Regulation and supervision should be: 1. activity-based as opposed to entity-based, 2. technology-neutral, 3. proportionate, 4. applied with an ‘accommodating mindset’, 5. complemented by the development of adequate nonregulatory instruments and remedies, and 6. developed based on a horizontal approach (i.g. cooperation between data protection policy maker/ regulators and financial services policy makers/regulators).

These principles will help legislators and supervisors to strike the right balance between facilitating technological innovation and enhancing the integrity (safety and reliability) of these technologies for investors, consumers and the financial system as a whole. We are committed to bring this type of innovation in financial markets a step further, in our role as conduct supervisor on financial markets in The Netherlands and as advisor to the national and international regulatory bodies.

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DUTCH FINTECH OVERVIEW Amsterdam has been involved in financial innovation for many centuries. Whether it came down to crowdfunding of dikes and windmills, the invention of the modern stock market in 1604 or the first central bank in 1609, financial services and innovation have always been strongly intertwined with the well-being of the Dutch and their business.

The people of the Netherlands have always had a natural inclination to co-operate and share risks and profits, and shared values like fair trade, trust, liberty and liquidity. It is no surprise that Fintech has also found a fertile ground to thrive.

Nowadays, global developments in digitisation and financial innovation are taking place at increasing speed.

Amidst all these developments The Netherlands has again positioned itself as a true hub for financial innovation, as is also demonstrated in the Dutch Fintech landscape.

The winning domain is payments, which has been strong for ages, driving commerce especially in

the online domain. The Dutch annually order up to almost EUR 25 billion online, spurred by 98% of Dutch households having internet access at home and almost 50% using mobile banking apps. Leading the pack with the Nordics, Dutch society has seen a further shift to a cashless society with offline cash disappearing swiftly. Interesting to see was that at the end of 2017 more than half of all Dutch POS payments were contactless, reflecting a strong customer adoption and changing of consumer behaviour.

administration and data & analytics, both driven by digitisation at business clients and the increased bulk of data, available to mend into financial analysis and advice.

Normally, these players are less visible in the market, as these services are rather technical and mainly business to business.

The increasing need for trust and resilience in the financial and digital sector, have driven security and identity companies to be the rising stars of financial innovation, keeping the world we trade in safe.

Alternative finance players have a strong presence as well, with overall Dutch P2P lending volumes rank 4th in Europe. And while in other countries consumer loans prevail, business lending constitutes the major part for this area. Together, these mentioned categories cover about half of the market.

Providing a simplified representation which includes all different dimensions of the complete ecosystem remains a constant challenge. Therefore enabling technologies, like big data, blockchain and artificial intelligence are hard to represent, as we tried to focus on the financial services provided. Nonetheless, these technologies are being used by many of the represented companies and get much attention in the debate on where the market is moving. In particular blockchain (or so-called distributed ledger technologies) has gotten much traction in the past year, due to the rise of cryptocurrency values.

As interest to invest rose, also more funding for the underlying technology was a fact.

Furthermore, companies engaged in risk & compliance (RegTech) and personal finance (including PensionTech) see strong growth from new initiatives, largely driven by regulatory changes like GDPR and PSD2. Other thriving areas are

In general it can be stated that the solutions provided through fintech, touch upon every aspect of the financial value chain, and are driving change in all corners of the financial industry. And increasingly these companies operate in 25

a broader realm than what we traditionally would call the financial industry, because all businesses operate in one digital world.

Therefore the definition of fintech has broadened and its potential is recognised beyond the traditional domain of financial services.

Missing in the overview, but not less active in fintech, are the incumbent players in the financial services. They play an active role as competitors, investors, partners or clients of the parties mentioned.

And as they begin to rely on technology increasingly, they will become more and more like the presented startups and scaleups.

Until then the key success factor is the ability to cooperate with the fintech players. Fortunately, there is a broad array of tech firms, consultants, accountants, law firms and others willing to support them with that, as can be seen further in the book.

A clear trend we see is that collaboration between corporate institutions and startups is getting more common than competition, and is an important factor in the success of the ecosystem.

Acquisitions have always been the default way of cooperation with smaller technology providers.

In past years, increasingly, also alternative methods of working together are being explored.

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Hackathons, incubators, and accelerators; getting acquainted with state of the art technologies and the bright minds behind them has moved into every financial institution’s core business.

Incumbents are also entering the market with their initiatives, that were spun out from their organisation, and are getting to be startups on their own.

One of the other main success factors of the Dutch ecosystem is the ability to attract talent from all over the world to work and live in the Netherlands, ranking sixth in the IMD World Talent Ranking 2017 and ninth in the Global Talent Competitiveness Index. The high quality of life, liberal culture, vibrant city life, excellent education and off course the beauty of cities like Amsterdam, keep on attracting a diverse group of people, among which increasingly tech talent. Given the reliance on technology for future businesses and government and the enormous demand for (tech) talent in developed countries, the ability to attract the right people is strong.

Throughout the Netherlands, multiple initiatives have started where graduates get coding classes and hands on practice in relevant startups. An efficient way for graduates to gain valuable skills and for the industry to widen the talent pool.

Also the Dutch capital markets are strong, with the Dutch private equity and venture capital association reporting record figures of EUR 731 million in 2017 of venture capital investments in start-ups and scale-ups. 2017 also saw a rise in number of smaller buyouts, strong fundraising for venture capital, as well as buyout funds raising the highest amount on record. Together with an active Dutch angel investor community this allows for good access to capital for both early stage as later stage growth companies.

The financial services industry still makes up a large part of the Dutch economy, with a strong European position both in banking, insurance and pensions. The Dutch financial services sector is characterised by its relatively large percentage of the GDP, high level of concentration and the dominance of relatively few players. This results in a winnertakes-all position for selected fintech entrants to the market, servicing the Dutch market.

Nonetheless, incumbent Dutch financials have shrunk considerably in the past years, resulting in accelerated innovation in an attempt to drive down costs that matches its current size. At present, the insurance and pension industry are the ones making less use of technological innovation. Having

said this, the potential impact is considerable and we expect a growing interest from insurers and pension funds for fintech solutions.

Considering what the future financial industry is made up of, we see a greater variety of players; new entrants and incumbent financial services players alike, as well as related service providers.

The Dutch financial industry as such is quickly becoming a strong driving force behind the growth of the traditional and the digital economy in the Netherlands. It’s the combination of diverse actors young and old, small and large, and agile and stable - that constitutes the power of the ecosystem. From that perspective, the Dutch fintech landscape has great potential to grow to unmeasurable heights.

We will keep you posted!

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216 Meer dan cijfers ACCOUNTANCY // COMPANY ADMINISTRATION // FINANCIAL ADVISORY

COMPANY DESCRIPTION Never a dull moment and fast

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Martin de Bie Advisor New Technology & Innovation Marcel Bisschops Managing Director

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The Hague, 2015

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PRODUCT DESCRIPTION

ACHIEVEMENTS Exact Cloud Award for most innovative financial services provider 2017/2018

As the innovator in accountancy/ financial advice, our automated, data-driven systems form the basis for in-depth advice and services for SME’s.

‘‘

Traditional accountancy is dying. We are ready to speed up that process

‘‘

by using all opportunities digitization offers. And give the entrepreneur real-time insight into how his company is running.

Prinses Catharina Amaliastraat 5 2496 XD The Hague The Netherlands 32

216.nl info@216.nl

ABN AMRO A relationship-driven, knowledgeable and digitally savvy bank BANKING SERVICES

COMPANY DESCRIPTION Our pledge is to be socially conscious and to invest in the

KEY PERSONS

Kees van Dijkhuizen Executive Board Member Clifford Abrahams Executive Board Member Christian Bornfeld Executive Board Member Tanja Cuppen Executive Board Member

TEAM SIZE

19,000

FOUNDED

Amsterdam, 1991

MARKET

Europe Asia North America South America Australia

CUSTOMERS

Consumers SME‘s Corporates

future.

PRODUCT DESCRIPTION Our goal is to create long-term value for our stakeholders - our clients, our people, investors and society at large.

ACHIEVEMENTS Winner of the Investor Award at The Circulars 2018

‘‘

Teaming up with partners, creating an environment in which experiments

‘‘

pertaining to new business models are executed and where exploration and innovation mindsets are stimulated and nurtured.

Gustav Mahlerlaan 10 1082 PP Amsterdam The Netherlands

abnamro.com 33

Accenture New Applied Now CONSULTANCY // INNOVATION SERVICES // TECHNOLOGY SOLUTIONS

KEY PERSONS

Pierre Nanterme Chairman & CEO Irine Gaasbeek Country Managing Director NL Robert Bark Financial Services Lead NL

TEAM SIZE

442,000

FOUNDED

Dublin, 1989

COMPANY DESCRIPTION

MARKET

Global

New isn’t on its way. We’re applying

CUSTOMERS

Corporates Financial Institutions

it right now. Accenture is answering real business challenges for our clients through innovation and

ACHIEVEMENTS

deep industry knowledge.

95 out of Global Fortune 100 are clients

PRODUCT DESCRIPTION

We made 16 consecutive appearances in Fortune‘s “World‘s Most Admired Companies“ list

Accenture provides a broad range of services and solutions in Strategy, Consulting, Digital, Technology and Operations.

‘‘

We operate at the heart of our clients’ businesses, helping address their

‘‘

most complex, mission-critical issues. Ultimately, we enable our clients to become high-performance businesses.

Gustav Mahlerplein 90 1082 MA Amsterdam The Netherlands 34

accenture.com

AdVision Finance Driving efficiency in banking and microfinance CONSULTANCY // SOCIAL FINANCE // TECHNOLOGY SOLUTIONS

KEY PERSONS

Diana Cazacu CEO/Founder Senior Consultant Olga Tomash Senior Associate Sophie Kamphuis Business Development & Project Management Martijn Vranken Business Development & Project Management

COMPANY DESCRIPTION

TEAM SIZE

4

We are a young, energetic and

FOUNDED

Amsterdam, 2013

enthusiastic company that likes

MARKET

Europe Asia Middle East Africa

CUSTOMERS

SME‘s Financial Institutions Investors

to build long-term relationships with our clients and create solutions that last.

PRODUCT DESCRIPTION We provide consulting services for the banking, microfinance, agriculture and technology sectors in emerging markets.

‘‘

ACHIEVEMENTS Supporting an MFI in Uganda to accelerate access to finance for 2500 smallholder farmers using a mobile product

By leveraging on innovative technology solutions, we support financial

‘‘

institutions to become faster, more efficient and customer-centered, with the aim to accelerate financial inclusion.

Olympia 1A 1213 NS Hilversum The Netherlands

advisionfinance.nl adv@advisionfinance.nl 35

AET Digital Trust, Security, Governance, Compliance, Privacy, IoT, (E)-SIM solutions IDENTITY SERVICES // SECURITY // TRUST SERVICES

KEY PERSONS

Jan Rochat CTO Reinoud Weijman Managing Director Mike van Uum COO

FOUNDED

Arnhem, 1998

TEAM SIZE

50

MARKET

Europe Asia South America

PRIMARY COUNTRIES

The Netherlands Germany Brazil

CUSTOMERS

SME‘s Corporates Financial Institutions

COMPANY DESCRIPTION Working at AET is contributing to a safer and trustworthy digital highway for critical infrastructures.

This brings a certain mindset and vibe into the company and its people.

ACHIEVEMENTS

PRODUCT DESCRIPTION Delivering digital trust and security solutions for transactions done by people, machines, applications and connected devices (IoT).

‘‘

Being the core of two Nation wide Digital Trust and Security platforms within critical infrastructure ANSI certified End-2End Security solution

By design our technology meets governance, compliance and privacy.

‘‘

More importantly, we know how to achieve digital trust and security and understand the importance of quality of data.

IJsselburcht 3 6825 BS Arnhem The Netherlands 36

aeteurope.com mike.vanuum@aeteurope.com

Alektum Group Your business. With care.

CREDIT SCORING // LENDING // RISK MANAGEMENT

COMPANY DESCRIPTION As a Swedish family company, our long-term perspective guides everything we do, as we help our customers grow their business, based on enduring commitment.

PRODUCT DESCRIPTION Credit management, Accounts receivables, Market and address information, Credit Scoring,

KEY PERSONS

Bart Kolman Sales manager Ron Muller Country manager Hans Althin Senior Vice President Sales & Marketing Mats Augurell CEO

FOUNDED

Gothenburg, 1992

TEAM SIZE

500

MARKET

Europe

PRIMARY COUNTRIES

Nordics DACH The Netherlands

CUSTOMERS

SME‘s Financial Institutions Startups

ACHIEVEMENTS Obtaining AFM licence to conduct financing activities Being preferred supplier of the Twinkle100

Financing and factoring, Debt collection, Purchase of debt portfolios.

‘‘

Supported by our own unique IT system and international database, we

‘‘

partner with you and provide you with accurate insight, enabling quicker decision-making and protecting your relationships from harm.

Zekeringstraat 48 1014 BT Amsterdam The Netherlands

alektumgroup.com bart.kolman@alektumgroup.com 37

Allen & Overy Challenge ourselves to bring new and original solutions to complex legal challenges LEGAL SERVICES

KEY PERSONS Brechje van der Velden Senior partner, Netherlands Justin Steer Managing partner, Netherlands

COMPANY DESCRIPTION We think and work with our clients.

Our lawyers are recognised for their commercial understanding and for

FOUNDED

London, 1930

TEAM SIZE

5,400

MARKET

Global

PRIMARY COUNTRIES

Active in 31 countries with 44 offices globally

CUSTOMERS

SME‘s Corporates Financial Institutions

daring to take a stand and provide clear recommendations.

PRODUCT DESCRIPTION Leading international law firm

ACHIEVEMENTS Most Innovative Law Firm in Europe (for the 5th time) at the Financial Times Innovation Awards in 2017

offering global coverage and local depth through an office network that covers all key financial hubs.

‘‘

We use technology to reshape and advance the way we deliver legal

‘‘

services. Examples are: our tech innovation space Fuse, Legal Services Centre in Belfast and online services branch aosphere.

Apollolaan 15 1077 AB Amsterdam The Netherlands 38

allenover y.com info@allenover y.com

Allshare BV

Finance Asset management ASSET MANAGEMENT // BANKING SERVICES // PAYMENTS

COMPANY DESCRIPTION Financial software company specialized in investment banking.

FOUNDED

Amsterdam, 1988

TEAM SIZE

60

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Financial Institutions

ACHIEVEMENTS Rebuild of the total application to .NET / SQL and Azure cloud

PRODUCT DESCRIPTION Solution for investments, savings, asset management and payments.

‘‘

‘‘

Allshare delivers as one of the few companies in the world a full backoffice solution for the financials in the cloud.

Gatwickstraat 29-31 1043 GL Amsterdam The Netherlands

allshare.nl info@allshare.nl 39

Amdocs

Smarter Finanical Services on the cloud BANKING PLATFORM SOLUTION // PAYMENTS // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION What makes Amdocs so special is the unique combination of

KEY PERSONS

Benzion Aviv Customer Business Executive

FOUNDED

Raanana, IL, 1982

TEAM SIZE

25,000

MARKET

Global

PRIMARY COUNTRIES

Germany The Netherlands United Kingdom

CUSTOMERS

SME‘s Corporates Financial Institutions

technology with innovation. The people are vibrant, and are bold in bringing on challenges and then solving them.

PRODUCT DESCRIPTION

ACHIEVEMENTS Winner of 2017 Future Digital Award in Mobile Money Transfer & Remittance category – chosen

by Juniper as the leader

Scalable, omnichannel solution that enables airtime top up, p2p, loyalty, merchant payments and cash disbursement ( G2P and B2P).

‘‘

Amdocs mobile financial services helps companies embrace digital

‘‘

transformation by providing them with financial-grade performance for

transaction security, convenience and best-in-class operational reliability.

Renier Nafzgerstraat 100-B 6221 KL Maastricht The Netherlands 40

amdocs.com linda.horiuchi@amdocs.com

amsterdam inbusiness

the official foreign investment agency of the Amsterdam area CONSULTANCY

KEY PERSONS

Suzanne Cox Senior Manager Hugo Niezen Senior Manager

FOUNDED

Amsterdam, 2008

TEAM SIZE

40

MARKET

Global

CUSTOMERS

SME‘s Corporates Financial Institutions

COMPANY DESCRIPTION Official foreign investment agency of the Amsterdam Metropolitan Area.

PRODUCT DESCRIPTION

ACHIEVEMENTS 143 new companies established in 2017. Now, there are more than 3,200 foreign companies in the Amsterdam area.

amsterdam inbusiness assists foreign companies with operations in Amsterdam and beyond. We can help you create a convincing business case for setting up offices in the

‘‘

We work hard to make

‘‘

establishing and expanding their

Amsterdam an important Fintech-hub in Europe.

Amsterdam Metropolitan Area – and it’s all free, strictly confidential and without a hidden agenda.

WTC Strawinskylaan 1779 1077 XX Amsterdam The Netherlands

iamsterdam.com/business s.cox@amsterdam.nl 41

AtecPay

Altruism, Change Yourself and the World CRYPTOCURRENCY SERVICES // FINANCIAL INTERMEDIARY // PAYMENTS

KEY PERSONS

Helen LI Vivian XU Tong WU

FOUNDED

Rotterdam, 2018

TEAM SIZE

3

MARKET

Europe

CUSTOMERS

Consumers SME‘s Financial Institutions

COMPANY DESCRIPTION We are providing different levels

ACHIEVEMENTS

of payment processing services

The foundation of the company

and cryptocurrency trade to our customers, with transparency and comprehensive statistics.

PRODUCT DESCRIPTION PSP, Mobile Payment, Cryptocurrency Trade.

‘‘

‘‘

Facilitating and accelerating payment, regulate and secure payment

Weena 290 3012 NJ Rotterdam The Netherlands 42

service.

atecpay.com admin@atecpay.com

AxonIQ

Software platform for Event-Driven Microservices INNOVATION SERVICES // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

KEY PERSONS

Allard Buijze CTO

FOUNDED

Amsterdam, 2017

TEAM SIZE

15

MARKET

Europe North America

CUSTOMERS

Financial Institutions Startups

COMPANY DESCRIPTION An inspiring working environment, with a team that is dedicated to change the way people think about

ACHIEVEMENTS Serving users and customers with innovative products and services

building scalable software.

PRODUCT DESCRIPTION AxonIQ is a provider of a software platform for event-based microservices systems.

‘‘

‘‘

Extensive tooling provided by AxonIQ allows organizations to focus on the business features of applications, rather than technical concerns.

Vliegend Hertlaan 43, 3526 KT Utrecht The Netherlands

axoniq.io marketing@axoniq.io 43

Baker McKenzie In Stride with Growth

LEGAL SERVICES // FINANCIAL INTERMEDIARY // PAYMENTS

KEY PERSONS

Maarten Hoelen Partner Tax Corinne Schot Partner Banking & Finance Wouter Seinen Partner IP/IT & Commercial

FOUNDED

Chicago, 1949

TEAM SIZE

130,000

COMPANY DESCRIPTION

MARKET

Global

Diversity is a cornerstone of our

PRIMARY COUNTRIES

The Netherlands EMEA Americas

CUSTOMERS

Corporates Financial Institutions Startups

culture. An inclusive workplace gives clients true insight and exceptional service. This isn’t only good for business, but the right thing to do.

ACHIEVEMENTS

PRODUCT DESCRIPTION We provide the full range of legal services to financial institutions and

Awards & recognition: Baker McKenzie Named Among Most Innovative Firms by Financial Times (2017); Band 2, Chambers FinTech, 2018

FinTech innovators, need to develop products and services.

‘‘

As one of the first global law firms to recognize convergence of technology

‘‘

and financial services, we take a multidisciplinary approach to legal and

Claude Debussylaan 54 1082 MD Amsterdam The Netherlands 44

commercial issues.

bakermckenzie.com info@bakermckenzie.com

BankiFi Beyond Open

BANKING PLATFORM SOLUTION // BANKING SERVICES // LENDING

KEY PERSONS

Mark Hartley Founding Partner Conny Dorrestijn Founding Partner Marijke Koninckx Product Officer Aleksa Vukotic Technology Officer David Birch Advisory Board

FOUNDED

Manchester/ Amsterdam, 2018

BankiFi embodies a strong vision

TEAM SIZE

8

on data consent centricity into

MARKET

Europe North America

PRIMARY COUNTRIES

United Kingdom The Netherlands United States

CUSTOMERS

Financial Institutions

COMPANY DESCRIPTION

an open data platform for (business) banking. Curious, open-minded, skilled and one for perseverance? Go “Beyond Open” with us.

ACHIEVEMENTS

PRODUCT DESCRIPTION BankiFi: consent driven, multibank aggregator platform | Pocket Treasurer business solution | multidata sandbox: ConsentBox.

‘‘

Launching customer Nordea: BankiFi platform and co-creation business customer services to turbo charge their Open Banking Platform

Critical success factor for Open Banking is trust. Fine-grained consent

‘‘

becomes the key service enabler for trust. BankiFi offers

consent driven rather than transaction driven connectivity, business / corporate solutions.

Federation House 2 Federation House M4 4BF Manchester United Kingdom

bankifi.com

conny.dorrestijn@bankifi.com 45

BarnStone

We provide a broad range of services where the invoice always lies at the heart ALTERNATIVE FINANCE // BANKING PLATFORM SOLUTION // FACTORING

COMPANY DESCRIPTION State of the art technology is fine. Artificial intelligence

KEY PERSONS

Tim Zoete CEO Ad Buijs COO Benjamin Westdorp Program Manager

FOUNDED

Amsterdam, 2014

TEAM SIZE

12

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany Belgium

CUSTOMERS

SME‘s Corporates Financial Institutions

and algorithms are expedient.

Automation and standardization of process are indispensable.

But people. People make the difference. Our people in particular.

PRODUCT DESCRIPTION

ACHIEVEMENTS We launched a sign-up app for prospects including biometric verification. The process takes <15 minutes and is a world’s first!

We are invoice specialists. Using state of the art technology and relying on the best people.

‘‘

The platform algorithm we have built will automatically check every

‘‘

invoice against 120 data points using artificial intelligence. Calculating the

Zuidplein 36 1077 XV Amsterdam The Netherlands 46

probability of timely payment.

barnstone.finance enquiries@barnstone.finance

Belleron Belleron is a trusted financial crime pioneer and prevent large-scale banking attacks COMPLIANCY SERVICES // RISK MANAGEMENT // SECURITY

COMPANY DESCRIPTION We are seasoned financial crime

KEY PERSONS

Erik Middelkoop CEO Bas Uildriks COO Richard Hoogenboom Sr implementation consultant Robin Bodaan Business Development Sebastian Kuntz Business Development

FOUNDED

Lelystad, 2012

TEAM SIZE

25

MARKET

Europe Middle East North America Australia

PRIMARY COUNTRIES

United Kingdom Ireland Switzerland

CUSTOMERS

Financial Institutions Regulators

fighters, travel across the globe, know what we’re talking about, are in control, result driven, fun at the end of day at the hotel bar...

PRODUCT DESCRIPTION CAPTURE® monitors millions of transactions and detects and responds to large scale financial attacks if all else fails.

‘‘

ACHIEVEMENTS Winner of Temenos InnovationJam 2018 in Amsterdam Exhibited at Sibos 2017 Toronto and 2018 Sydney Speaker at Money 20/20

The traditional systems need large operational teams, but more

important; they’re biased because they’re designed with previous

‘‘

attacks in mind. CAPTURE® safeguards banks against attacks without a large operational impact.

Albert Einsteinweg 4 8218 NH Lelystad The Netherlands

belleron.net

info@belleron.net 47

Billink Billink is The Dutch Payment after delivery method!

INNOVATION SERVICES // PAYMENTS // RISK MANAGEMENT

COMPANY DESCRIPTION

KEY PERSONS

Niels de Peuter Laurens Withagen Pepijn Meddens

FOUNDED

Rotterdam, 2011

TEAM SIZE

20

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium

CUSTOMERS

SME‘s Corporates Startups

Billink is a Fin-Tech startup with an innovative service and with a young team that is growing fast.

ACHIEVEMENTS Incredible 300 percent growth in 2017

PRODUCT DESCRIPTION Billink is a Dutch specialist in postpayment solutions. It is capable of B2B transactions for payment after delivery since 2017.

‘‘

‘‘

We are capable of making ordering products online simple, safe and fun.

Jan Leentvaarlaan 65 3065 DC Rotterdam The Netherlands 48

First see, then pay!

billink.nl info@billink.nl

BinckBank ZET JE GELD IN BEWEGING Start vandaag met beleggen of sparen ASSET MANAGEMENT // PENSIONS // SAVINGS

COMPANY DESCRIPTION BinckBank wants to be the guide in people’s journey towards realizing their dreams and ambitions. Binck

KEY PERSONS

Vincent Germyns CEO Evert Kooistra CFRO Steven Clausing COO

FOUNDED

Amsterdam, 2000

TEAM SIZE

579

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium France

CUSTOMERS

Consumers Investors

wants to empower people by fighting financial illiteracy through education and offering state-ofthe-art tooling.

PRODUCT DESCRIPTION

ACHIEVEMENTS Awarded as the best online wealth manager by CashCow (2017) Awarded as the best online broker by IEX (2017)

Binck offers high end services in the area of Trading (Do-it yourself), Investing (Invest for me) and Savings.

‘‘

Our innovative financial solutions empower consumers to direct their own

‘‘

financial future. We will increase the user experience using technology and data to navigate them to a personalized service.

Barbara Strozzilaan 310 1083 HN Amsterdam The Netherlands

binck.nl info@binck.nl 49

Biocryptology Identity at your service BANKING SERVICES // IDENTITY SERVICES // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION Revolutionary platform for secure access to all kinds of online and physical locations. It offers

KEY PERSONS

Ted Oorbals CEO Julio Cesar Pea CTO

FOUNDED

Malta, 2017

TEAM SIZE

40

MARKET

Europe Middle East North America

PRIMARY COUNTRIES

Spain United Kingdom The Netherlands

CUSTOMERS

Consumers Financial Institutions

a solution for the problems associated with identity theft and fraud.

ACHIEVEMENTS Free app for eliminating passwords for ever

PRODUCT DESCRIPTION Biocryptology is a revolutionary platform for secure access to all kinds of online and physical locations.

‘‘

Biocryptology eliminates the need for usernames, passwords, keys, swipe

‘‘

cards and other credentials. Get fast, convenient and secure access to online banking, e-commerce, etc.

24 A, Calle Casas de Miravete, 28031 Madrid Spain 50

biocr yptology.com info@briocr yptology.com

BIQH Financial Data Services Knowledge Empowerment DATA AND ANALYTICS // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION The success of our client, is our success. Our clients are king. Our people are the most important

KEY PERSONS

Franz Schrandt Founder Bernard Schut Managing Director Jeroen van der Velden IT Manager Marc Bracher IT Architect

FOUNDED

Amersfoort, 1999

TEAM SIZE

25

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Financial Institutions

reason of our success. We believe in improvement, transparency and challenges to get the most out

ACHIEVEMENTS Strategic partner of Rabobank

of a partnership.

PRODUCT DESCRIPTION BIQH saves her clients lots of time, effort and costs to process, save, edit and distribute big amounts of financial market data.

‘‘

‘‘

BIQH helps financial institutions to organize financial market data

logistics in such a way that end users can take well-considered decisions.

Maanlander 41 3824 MN Amersfoort The Netherlands

biqh.nl info@biqh.nl 51

Bittiq

We use data to help people make better financial decisions DATA AND ANALYTICS // PERSONAL FINANCE // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION Bittiq is a young and innovative FinTech company. You will find

KEY PERSONS

Hidde Koning Founder Federico Spiezia Founder

FOUNDED

Utrecht, 2017

TEAM SIZE

10

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Consumers Corporates Financial Institutions

a passionate and cheerful team, in which everyone is asked to make

ACHIEVEMENTS

a difference.

Bunq API connection for Android and iOS (2017)

PRODUCT DESCRIPTION

Winners Centraal Beheer FinTech pitch-event (2018)

Our app gives an overview of expenses and helps users

#2 trending finance app in PlayStore (2018)

save money by cutting unnecessary subscriptions and finding better deals.

‘‘

It’s hard to keep control over your money. And people don’t find the time

‘‘

for it. Bittiq provides automated insights and personalized suggestions based on data, to improve financial behavior.

Maliebaan 29-33 3581 CC Utrecht The Netherlands 52

bittiq.com info@bittiq.com

Bizcuit

Bizcuit | Business Connected BANKING PLATFORM SOLUTION // BANKING SERVICES // COMPANY ADMINISTRATION

COMPANY DESCRIPTION Pure fintech. Young, international and tech savvy team that’s on a

KEY PERSONS

Hessel Kuik CEO & Founder Gerben Meyer Lead Developer Stefan van den Berg Advisor

FOUNDED

Veenendaal, 2017

TEAM SIZE

6

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

SME‘s Startups

mission. Agile way of working.

Embracing challenges. Fun outings and sponsored conference visits.

ACHIEVEMENTS

Newly built inspiring open office.

Nominations Accenture Innovation Awards & ICT Accountancy Award

PRODUCT DESCRIPTION

Keynote speaker at Robotic Accounting Conference

The innovative Bizcuit app offers digital banking and accounting services to businesses: Scan & Pay,

Round table host PSD2 Euroforum Integrations ABN Amro, ING, Rabobank, Deutsche Bank, bunq

Account Information, Payments, Document Management.

‘‘

Bizcuit (‘biz kit’) enables businesses to go digital The Bizcuit platform also

‘‘

enables software providers to add fintech and neobanking services to their offerings We welcome PSD2, co-creation and partnerships.

Lunet 3A 3905 NW Veenendaal The Netherlands

bizcuit.nl hessel@bizcuit.nl 53

Brand New Day Minder kosten, meer pensioen

ASSET MANAGEMENT // BANKING SERVICES // PENSIONS

KEY PERSONS

Kalo Bagaijn Founder Thierry Schaap Founder

FOUNDED

Utrecht, 2010

TEAM SIZE

150

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

COMPANY DESCRIPTION Young, dynamic, entrepreneurial

Consumers SME‘s Startups

vibe and atmosphere. It’s our mission to amaze customers!

ACHIEVEMENTS Brand New Day Bank live (2017)

PRODUCT DESCRIPTION We help consumers and companies with modern capital accumulation

250,000 customers with € 2.5 billion in assets under management and 3,500 group pensions schemes (2018)

solutions like pensions.

‘‘

‘‘

We compete with traditional insurance companies with online products,

Hoogoorddreef 15 1101 BA Amsterdam The Netherlands 54

low costs and an excellent service.

brandnewday.nl collectief@brandnewday.nl

BTC.com Secure and trusted

ALTERNATIVE FINANCE // CRYPTOCURRENCY SERVICES // PAYMENTS

KEY PERSONS Boaz Bechar Director Alejandro De La Torre VP Business Operations Thomas Kerin Core Developer FOUNDED

Amsterdam, 2016

TEAM SIZE

100

MARKET

Global

PRIMARY COUNTRIES

United States The Netherlands China

work. We are a family.

CUSTOMERS

Consumers

PRODUCT DESCRIPTION

ACHIEVEMENTS

COMPANY DESCRIPTION Passionate team and passionate

Cryptocurrency wallet.

Cryptocurrency brokerage and

Biggest bitcoin mining pool in the world

cryptocurrency mining.

Herengracht 458 1017 CA Amsterdam The Netherlands

‘‘

‘‘

By providing a secure alternative and open financial system.

BTC.com alejandro.delatorre@bitmain.com 55

Buckaroo PAYMENTS // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION Buckaroo consists of a team of dedicated people with various expertise in payments and a background in e-commerce. Our

KEY PERSONS

Marijke Terpstra Interim CEO & CRO André Reumerman CFO Jelle Hoes CTO Maurits Dekker CCO

FOUNDED

Utrecht, 2005

TEAM SIZE

60

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium

CUSTOMERS

SME‘s Corporates Startups

daily goal is to ease the payment process with digital solutions.

PRODUCT DESCRIPTION Buckaroo offers a full-stack of Payment Solutions such as online

ACHIEVEMENTS Best Payment Service Provider four years in a row (Emerce Top 100) Award-winning Magento 2.0 plug-in

payment processing, recurring payments, e-mandates, credit management and subscriptions.

‘‘

‘‘

At Buckaroo we innovate and develop digital solutions for a seamless payment experience for both customers as well as merchants.

Zonnebaan 9 3542 EA Utrecht The Netherlands 56

buckaroo.nl info@buckaroo.nl

BusinessForensics Designed for Control & Compliance

COMPLIANCY SERVICES // DATA AND ANALYTICS // RISK MANAGEMENT

COMPANY DESCRIPTION

KEY PERSONS

Tames Rietdijk Managing Partner and CEO Robert Pabst Founder and CTO Robby Philips Pre-sales and Partner manager

FOUNDED

Heemstede, 2010

TEAM SIZE

24

MARKET

Europe Asia

PRIMARY COUNTRIES

The Netherlands Belgium Singapore

CUSTOMERS

Corporates Financial Institutions

BusinessForensics consists of consultants, architects and developers and has been offering software and know-how for monitoring and managing compliance and integrity risks

ACHIEVEMENTS

since 1998.

PRODUCT DESCRIPTION

The innovations we delivered

As your trusted co-making partner,

The clients we have contracted

we deliver ‘control by design’

The results we achieved for our clients

to keep crime, abuse and coincidence away from your clients.

‘‘

By providing an accurate and truthful view of what is happening here

‘‘

and now, we mitigate compliance and integrity risks to improve resilience against threats for banks and insurance firms.

Wilhelmina van Pruisenweg 104 2595 AN The Hague The Netherlands

businessforensics.nl info@businessforensics.nl 57

Capgemini

People matter, results count BANKING PLATFORM SOLUTION // CONSULTANCY // TECHNOLOGY SOLUTIONS

KEY PERSONS

Paul Hermelin Group Chairman and CEO Thierry Delaporte COO Aiman Ezzat COO, CFO

FOUNDED

Grenoble, 1967

TEAM SIZE

203,400

COMPANY DESCRIPTION

MARKET

Global

Living the Future with a passion for

PRIMARY COUNTRIES

North America Europe India

CUSTOMERS

Corporates Financial Institutions Regulators

technology.

PRODUCT DESCRIPTION Consulting, technology services and digital transformation in the evolving world of cloud, digital and

ACHIEVEMENTS Celebrating our 50th birthday

platforms.

‘‘

‘‘

The ScaleUp Certification tool creates a model for collaboration and

mutual verification that encourages partnership between traditional

Reykjavikplein 1 3542 AK Utrecht The Netherlands 58

firms and FinTechs.

capgemini.com/nl-nl financialser vices.nl@capgemini.com

Centraal Invorderings Bureau When technology meets credit management INNOVATION SERVICES // PAYMENTS // SOCIAL FINANCE

KEY PERSONS

Roman Berkhout Niels de Peuter

FOUNDED

Rotterdam, 2007

TEAM SIZE

75

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

COMPANY DESCRIPTION

SME‘s Corporates Startups

We have a young fast growing team of dedicated professionals with the attitude of work hard, play hard.

ACHIEVEMENTS

By adding measurable value for

Obtaining AFM license

our contractors we enable them to

Becoming a NVI member

focus on their core-business.

API compatible

PRODUCT DESCRIPTION We are offering high-end collection services in the area of credit management, such as outsourcing, amicable collection and debt surveillance.

‘‘

‘‘

We are changing the landscape of credit management by using new real-time communication techniques.

Jan Leentvaarlaan 65 3065 DC Rotterdam The Netherlands

cibincasso.nl info@cibincasso.nl 59

Clifford Chance LLP Highest-quality legal advice and global standards with in-depth local expertise LEGAL SERVICES

COMPANY DESCRIPTION We continuously challenge ourselves to deliver a service that adds value to our clients where we embrace change in particular in relation to the use of new technology.

PRODUCT DESCRIPTION We provide multi-disciplinary

KEY PERSONS

Jeroen Ouwehand Managing Partner Bas Boris Visser Global Head of Innovation Alvin Khodabaks Lawyer/Tech, Data Privacy and Cyber Security Expert Marian Scheele Lawyer/Fintech Specialist

FOUNDED

Amsterdam, 1972

TEAM SIZE

317

MARKET

Global

CUSTOMERS

Corporates Financial Institutions Startups

ACHIEVEMENTS Ranked Tier 1 for Fintech in 2018 by Chambers & Partners legal directory

advice to established companies and startups in Fintech, including advice on corporate, regulatory, employment and tax matters.

‘‘

‘‘

Combining finance, regulatory, corporate and technology legal teams,

we can create innovative legal solutions to meet individual client needs.

Droogbak 1A 1013 GE Amsterdam The Netherlands 60

cliffordchance.com info-amsterdam@cliffordchance.com

CMIS Group We provide investors with direct access to prime Dutch mortgages ASSET MANAGEMENT // FINANCIAL INTERMEDIARY // LENDING

COMPANY DESCRIPTION We are ‘mature entrepreneurs’ and

KEY PERSONS

Sean Daly Chairman & Managing Director

FOUNDED

The Hague, 2010

TEAM SIZE

200

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany

CUSTOMERS

Consumers Financial Institutions Investors

move quickly to assess changes in the market and execute innovative strategies to stay ahead of the curve.

ACHIEVEMENTS Launching our highly innovative mortgage brand Merius

PRODUCT DESCRIPTION We provide investors with direct access to prime Dutch mortgages with innovative solutions and technology.

‘‘

We offer investors a plug and play proposition and continuous digitized

‘‘

solutions for managing multiple asset classes with subject matter expertise throughout the loan lifecycle.

Kingsfordweg 43 - 117 1043 GP Amsterdam The Netherlands

cmisgroup.com marketing@cmisgroup.com 61

CMS

We live ‘Your World First’. We offer FinTechs more than legal services LEGAL SERVICES

COMPANY DESCRIPTION CMS is one of the largest law firms

KEY PERSONS David Bos Regulatory/Compliance Katja van KranenburgHanspians Blockchain/Smart contracts/A.I. Simon Sanders IT/data protection Clair Wermers Regulatory/ICOs Tessa Penninks Regulatory/Compliance FOUNDED

Utrecht, 1999

TEAM SIZE

NL: 260 Worldwide: 7,500

MARKET

Europe Asia Middle East Africa South America

in the world, with 4,500 lawyers based in 42 countries. We work jointly in many international matters on a daily basis.

PRODUCT DESCRIPTION

PRIMARY COUNTRIES

We provide full legal support

CUSTOMERS

service to FinTech businesses,

The Netherlands Corporates Financial Institutions Startups

e.g. advice on regulatory requirements, blockchain, data protection/IP issues, negotiation/ documentation support.

‘‘

ACHIEVEMENTS Recommended firm Chambers & Partners, Legal 500, FT Innovative Lawyer Awards 2017

We are well placed to advise on the challenges and opportunities within

‘‘

the regulatory framework in order to develop innovative FinTech solutions (Blockchain, cryptocurrencies and ICO’s).

Parnassusweg 737 1077 DG Amsterdam The Netherlands 62

cms.law/nl bdc@cms-dsb.com

Cognito Media Finance is different CONSULTANCY

KEY PERSONS

Richard Neve Managing Director Jan Jaap Omvlee Strategy Director Eva ten Doeschate Project Manager Tom Coombes CEO Andrew Marshall Deputy-CEO

FOUNDED

Amsterdam, 2000

TEAM SIZE

90

MARKET

Europe Asia North America

PRIMARY COUNTRIES

United States United Kingdom The Netherlands

CUSTOMERS

SME‘S Corporates Financial Institutions

Financial Communications

COMPANY DESCRIPTION Communications and marketing for finance, technology and professional services. Helping organizations grow their businesses and manage their reputations.

Have fun doing it!

PRODUCT DESCRIPTION Creative communications support in marketing, PR, event management, social media and

ACHIEVEMENTS Supported clients, inspired audiences, proud of our work

advertising with a 100% focus on finance sector.

‘‘

‘‘

We try to support SMEs, corporates, industry associations and others to explain their story and share their innovations.

Barbara Strozzilaan 101 1093 HN Amsterdam The Netherlands

cognitomedia.com info@cognitomedia.nl 63

Collect + Go Provide truck drivers with the right documents wherever they go!

BLOCKCHAIN SERVICES // IDENTITY SERVICES // INNOVATION SERVICES

KEY PERSONS Hans Togtema CEO Hylke Aghina COO

COMPANY DESCRIPTION

FOUNDED

‘s-Hertogenbosch, 2017

TEAM SIZE

3

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany Belgium

CUSTOMERS

SME‘S Corporates

Collect + Go is an innovative startup company dedicated to improve the functioning of supply chains across

ACHIEVEMENTS

Europe.

Adoption by the market

PRODUCT DESCRIPTION

Permission from Dutch government for cross border application in Benelux

Collect + Go is the number one platform to issue documents to truck drivers.

‘‘

‘‘

Because we are handling the transfer of ownership of cargo from one

Helftheuvelweg 11 5222 AV ‘s-Hertogenbosch The Netherlands 64

party to the other.

collectgo.eu info@collectgo.eu

Connective Payments Expertise | Network | Value

CONSULTANCY // INNOVATION SERVICES // PAYMENTS

KEY PERSONS

Ward Hagenaar Jeroen van Dijk Peter van der Hart Ronald te Velde Teun Boer Eppo Heemstra Chantal de Meere

FOUNDED

Hilversum, 2014

TEAM SIZE

10

MARKET

Europe

As consultants we leverage our

PRIMARY COUNTRIES

The Netherlands, Germany

payments industry knowledge,

CUSTOMERS

Corporates Financial Institutions Investors

COMPANY DESCRIPTION

network and experience to create value for our clients. We provide strategy development, project execution and solution co-creation.

PRODUCT DESCRIPTION

ACHIEVEMENTS High end customers in the payments value chain like banks, PSP‘s, payment schemes

Our team provides strategy and implementation consulting services to organizations operating in the payments value chain.

‘‘

Our only goal is to make a business more successful. We have a track

‘‘

record of customer satisfaction, business growth, team empowerment and increased profitability. We work internationally.

Pieter de Hooghlaan 55 1213 BR Hilversum The Netherlands

connectivepayments.com info@connectivepayments.com 65

Corteccia Services Financial Technology Solutions for SME

CRYPTOCURRENCY SERVICES // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION If you like to Inspire, to Innovate and to making an Impact, you will

KEY PERSONS

Veera Raghavan Managing Director, Partner Heiko de Boer Partner

FOUNDED

Utrecht, 2016

TEAM SIZE

4

MARKET

Europe Asia

PRIMARY COUNTRIES

The Netherlands India

CUSTOMERS

Consumers SME‘S

like working for and with us.

PRODUCT DESCRIPTION We are a Netherlands/India based mobile apps service provider, and sponsor the WAN virtual currency project.

‘‘

ACHIEVEMENTS Having developed the most easy to understand, transparent and effective virtual money, via mobile app, called WAN, aiming to Inspire

Our solution is based on a complete different economic model, compared

‘‘

to mainstream financial services, for which we provide IT-solutions. We Inspire, Innovate and aim to making an Impact.

Androsdreef 166 3562 XG Utrecht The Netherlands 66

corteccia.net veera.raghavan@corteccia.net

Countr POS The complete retail solution DATA AND ANALYTICS // PAYMENTS // TECHNOLOGY SOLUTIONS

KEY PERSONS John Staunton Director Bart Jaspers Director Joost Bakhuys Market Development Manager

COMPANY DESCRIPTION

FOUNDED

Amsterdam, 2013

TEAM SIZE

8

MARKET

Europe Asia North America Australia

PRIMARY COUNTRIES

The Netherlands Belgium France

CUSTOMERS

SME‘s Corporates Startups

We’re an extremely international team (7 nationalities) with diverse backgrounds and profiles. Every day here is a new challenge, as we remain at the forefront of retail innovation.

ACHIEVEMENTS

PRODUCT DESCRIPTION Countr is an omnichannel retail transaction platform - centrally manage all aspects of your business

Launched “Skippy“, in collaboration with Spar University, ABN Amro, Social Brothers and Mood Media

from a single platform.

‘‘

The scalable POS supports multi-location businesses of any size –

‘‘

enabling them to instantly add new payment methods and new

Leidsevaartweg 1 2106 NA Heemstede The Netherlands

service integrations.

countrhq.com info@countrhq.com 67

Creative Dock Our core strength is execution. We build long-lasting companies as a service.

INNOVATION SERVICES

KEY PERSONS Martin Pejsa Founder, Holding CEO Rolf Fouchier Partner, Netherlands CEO Julian Lipinski Partner, Germany CEO Carlos Meza Head of CD Group

COMPANY DESCRIPTION

FOUNDED

Prague, 2012

TEAM SIZE

300

MARKET

Europe Asia North America

PRIMARY COUNTRIES

Czech Republic Germany The Netherlands

CUSTOMERS

Corporates Financial Institutions Investors

We execute innovation as a service for corporations that have the ambition to innovate.

We zero in on customer problems, ensuring that our products always focus on the customer’s needs.

PRODUCT DESCRIPTION We are a company builder.

Our clients can outsource their innovation to us, where we can build fin-tech solutions.

‘‘

ACHIEVEMENTS Build the biggest P2P lendingplatform in Czech Republic with NPS of 82% Doubled the amount of cashloans for our client

Currently building 2 fin-tech startups. One is reshaping the way people

‘‘

take loans, using a P2P platform. The other one disrupts the financial situation of elderly with a reverse-mortgage product.

Juliana van Stolberglaan 10 2595 CL Den Haag The Netherlands 68

creativedock.com recepce@creativedock.cz

CrossLend GmbH Reshaping the lending economy

ALTERNATIVE FINANCE // INNOVATION SERVICES // LENDING

KEY PERSONS

Oliver Schimek CEO Philip Niemeyer VP Business Development Brian Kane Director Capital Markets Alex Lawrence Managing Director Luxembourg

COMPANY DESCRIPTION

FOUNDED

Berlin, 2014

It’s our mission to streamline

TEAM SIZE

40

Europe’s lending industry and help

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany United Kingdom

CUSTOMERS

Financial Institutions Investors

get capital flowing more freely across the EU. PRODUCT DESCRIPTION CrossLend’s innovative securitisation platform allows lenders to scale their business, while giving institutional investors

ACHIEVEMENTS First regulated Pan-European debt capital markets platform

access to unique investment

A reputable array of (VC) investors

propositions.

B2B pipeline 1bn+

‘‘

By transforming loans into transparent, cost-efficient securities and

building a dedicated debt exchange, we’re bringing a capital markets lending economy.

Kemperplatz 1 10785 Berlin Germany

crosslend.com

‘‘

approach to European debt, fundamentally reshaping the

info@crosslend.com 69

Cubecumulus B.V. ALTERNATIVE FINANCE // CONSULTANCY // VENTURE CAPITAL

KEY PERSONS

Kemal S. Gunduz

FOUNDED

Amsterdam, 2015

TEAM SIZE

1

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

COMPANY DESCRIPTION

Financial Institutions Investors Startups

Great to serve people.

ACHIEVEMENTS PRODUCT DESCRIPTION Consulting startups in fundraising

Introduction of new business models together with startups which claim the future of finance

for their projects.

‘‘

‘‘

Creating value for the economy by supporting startups to realize their projects and connect to the industry.

Amstelveenseweg 500 1081kl Amsterdam The Netherlands 70

cubecumulus.com info@cubecumulus.com

CyNation

Securing a connected world COMPLIANCY SERVICES // RISK MANAGEMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION CyNation is a fast-growing, innovative company constantly pushing to create solutions

KEY PERSONS

Steve Berry Executive Chairman Shadi A. Razak CTO Daniela Menzky COO

FOUNDED

London, 2015

TEAM SIZE

12

MARKET

Europe

PRIMARY COUNTRIES

United Kingdom The Netherlands DACH

CUSTOMERS

SME‘s Corporates Financial Institutions

that will secure an increasingly connected world.

PRODUCT DESCRIPTION CyDesk integrates solutions to provide ongoing visibility of organisational cyber resilience, compliance status and risk across

ACHIEVEMENTS Innovation Awards: NSCS, DCMS, Microsoft BizSpark+, CSIT Labs and PwC Scaleup 2.0 Programme Regularly asked to join DIT Trade Missions

3rd party ecosystems.

‘‘

‘‘

By providing accurate, comparable data of the cyber security and

compliance status of an organisation’s entire ecosystem, allowing them to be proactive about their 3rd party risk.

The Hague Security Delta Wilhelmina van Pruisenweg 104 2595 AN Den Haag The Netherlands

cynation.com contact@cynation.com 71

De Breed & Partners Samen Innoveren

ALTERNATIVE FINANCE // CROWDFUNDING // FINANCIAL INTERMEDIARY

COMPANY DESCRIPTION DB&P supports innovative companies finding the required R&D budget for the development of technological innovations.

KEY PERSONS

Arno van Klinken Partner Joost Emke Partner Nicole Campen Partner Corné van Gool Partner Robert van Loon Partner

FOUNDED

Breda, 1981

TEAM SIZE

50

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium

CUSTOMERS

SME‘s Corporates Startups

Investormatch is our crowdfunding platform.

ACHIEVEMENTS

DB&P combines different financial instruments to fulfill a companies financing needs for innovation.

Investormatch has a network of investors that invest directly in companies through crowdfunding or informal investing.

Claudius Prinsenlaan 148A 4818 CP Breda The Netherlands 72

In the past two years DB&P took over crowdfunding platform Investormatch and RTE adviesgroep

‘‘

All DB&P consultants have

a technical background and they

‘‘

PRODUCT DESCRIPTION

keep a close eye on developments in ICT and technology.

debreed.nl info@debreed.nl

Dealsuite

The tool that connects you to the best deals DATA AND ANALYTICS // FINANCIAL ADVISORY // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION

FOUNDED

Amsterdam, 2015

TEAM SIZE

6

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Denmark Germany

CUSTOMERS

SME‘s Corporates Investors

Scale-up culture, Highly motivated ACHIEVEMENTS

team.

PRODUCT DESCRIPTION

Selling our SaaS solution to corporate companies who are globally active

Dealsuite is a deal sourcing tool for M&A. Exclusively accessible for M&A professionals and sold as a SaaS solution.

Dealsuite makes M&A deal sourcing more efficient

‘‘

‘‘

and effective. Our intelligent matching algorithm guarantees that users get direct access to the best deals in the market.

Matrix building 2 Science park 400 1098 XH Amsterdam The Netherlands

dealsuite.com info@dealsuite.com 73

Drebbel

Technology Broker BANKING SERVICES // DATA AND ANALYTICS // TECHNOLOGY SOLUTIONS

KEY PERSONS Willem Lambrechts CEO & Partner Jan-Willem van Capelle Associated Partner Ulf Juhlin Danfelt Associated Partner Ferrry Boekholt Associated Partner Gabriela Homolova CFO & Partner

COMPANY DESCRIPTION Our goal is to find the best

FOUNDED

Prague, 2011

TEAM SIZE

5

MARKET

Europe North America

PRIMARY COUNTRIES

Benelux Germany Nordics

CUSTOMERS

Corporates Financial Institutions

available information and communication technology that caters to your business’ complexities and demands.

PRODUCT DESCRIPTION Drebbel, a technology broker, bringing leading financial

ACHIEVEMENTS 20 years of experience in fintech

institutions together with specialised fintech companies translating business issues into an innovative solution.

‘‘

An independent firm working with different partners that deliver

‘‘

technology-based products and services to the financial community aiming to bring the right technology partners to the client.

Vaclavske nam. 66/808 11000 Prague Czech Republic 74

drebbel.eu Jw.vancapelle@drebbel.eu

Dutch Banking Association COMPANY ADMINISTRATION

COMPANY DESCRIPTION

KEY PERSONS

Chris Buijink Chairman Eelco Dubbeling Managing Director

FOUNDED

Amsterdam, 1989

TEAM SIZE

52

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Financial Institutions

We fulfil our bridging function between the banks and all the stakeholders that are active in and around the sector and we form the foundation under the banks.

ACHIEVEMENTS Code of conduct + banking oath Future oriented banking Banking confidence monitor

PRODUCT DESCRIPTION

Climate statement

The NVB is the link between the banking sector, the government and the public.

sustainability, digitization, changing demands of our clients.

Gustav Mahlerplein 29 1082 MS Amsterdam The Netherlands

‘‘

‘‘

We serve the interests of our members. Our future goals are

nvb.nl info@nvb.nl 75

Dutch Payments Association Shaping the payments infrastructure commons.

EDUCATION // INFRASTRUCTURE SERVICES // PAYMENTS

KEY PERSONS

Piet Mallekoote CEO Gijs Boudewijn Deputy General Manager Marco Demmink Director

FOUNDED

Amsterdam, 2014

TEAM SIZE

40

MARKET

Europe

We involve stakeholders and

PRIMARY COUNTRIES

The Netherlands

the institutions that make up

CUSTOMERS

Financial Institutions

COMPANY DESCRIPTION

the Dutch payments industry to collectively shape the future of the Dutch retail payments

ACHIEVEMENTS

infrastructure.

Best-in-class for efficiency in point-of-sale-payments in Eurozone, says ECB

PRODUCT DESCRIPTION

On track for deployment of large scale national Instant Payments infrastructure

Member association of PSPs for organizing the collective tasks in the national payment system.

‘‘

We work with members to promote a socially efficient, safe and reliable

‘‘

payment system. Membership is open to credit institutions, payment institutions and electronic money institutions.

Gustav Mahlerplein 33-35 1082 MS Amsterdam The Netherlands 76

betaalvereniging.nl info@betaalvereniging.nl

EMF Finance BV (PIN Voorschot) Ons Voorschot, Uw Succes!

ALTERNATIVE FINANCE // LENDING

COMPANY DESCRIPTION Small team of entrepreneurial spirits who always put the customer first and have fun doing so.

FOUNDED

Epse, 2015

TEAM SIZE

8

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

SME‘s Startups

collection through split payment of electronic debit card or online

We have assisted almost 1000 SME‘s with a working capital solution Nominated for Best Finance Team of the Year

‘‘

SME-lending with automated

‘‘

Diederik Werdmölder Founder Floris Werdmölder Risk Management Björn Dull Marketing Dwina Winter PR

ACHIEVEMENTS

PRODUCT DESCRIPTION

payments.

KEY PERSONS

Our solution makes it possible for Dutch merchants to once again obtain working capital in an easy and transparent fashion. Repayment is fully

Kooltjesbuurt 1 1411 RZ Naarden-Vesting The Netherlands

turnover related.

pinvoorschot.nl info@emffinance.nl 77

Entersekt Be more trusted

BANKING PLATFORM SOLUTION // SECURITY // TECHNOLOGY SOLUTIONS

KEY PERSONS

Schalk Nolte CEO Dewald Nolte CCO Gerhard Oosthuizen CTO Niel Bester SVP Products Ronald Mayer CFO

COMPANY DESCRIPTION

FOUNDED

Stellenbosch, 2010

We are a diverse, hyper-smart,

TEAM SIZE

121

MARKET

Europe Africa North America

PRIMARY COUNTRIES

South Africa Germany United Kingdom

CUSTOMERS

Corporates Financial Institutions

creative team of engineers, developers and business leaders who all bring something unique to the table, and challenge each other to excel each day.

PRODUCT DESCRIPTION Our patented mobile authentication technology provides a secure platform on which our clients build innovative new digital

ACHIEVEMENTS Signing our first European client, Swisscard, and (more recently) our largest customer to date, Equifax

experiences.

‘‘

We enable our clients to move into the digital future while avoiding

‘‘

disintermediation by fintechs through providing their customers with innovative and secure digital services.

Oudenhof 2a 4191 NW Geldermalsen The Netherlands 78

entersekt.com info@entersekt.com

Euler Hermes

Our knowledge serving your success CREDIT SCORING // INSURANCE // RISK MANAGEMENT

KEY PERSONS Francis Jespers CEO Ruurd van der Veen Head of Digital Transformation Team Daan Cuppen Digital Partnerships Manager

COMPANY DESCRIPTION We are a company with a continuous drive for innovation.

FOUNDED

‘s-Hertogenbosch, 1989

TEAM SIZE

160

MARKET

Global

CUSTOMERS

SME‘s Corporates Financial Institutions

This has led to a range of new, digital solutions that serve our clients in their current and future

ACHIEVEMENTS

needs.

Best Export Credit Agency by Global Trade Review (2017)

PRODUCT DESCRIPTION

Launch of incubator Credable (single buyer cover, 2018)

As world market leader and part of Allianz, we offer international credit insurance services via API based solutions.

‘‘

Our solutions will offer fully integrated customer experience to manage

‘‘

payment risks. Via real time connections, we provide the easiest way to use credit insurance from the customers’ system.

Pettelaarpark 20 5216 PD ‘s-Hertogenbosch The Netherlands

eulerhermes.nl info@eulerhermes.nl 79

Eurofiber

Eurofiber, Enter the Smart Society INFRASTRUCTURE SERVICES // INNOVATION SERVICES // SECURITY

COMPANY DESCRIPTION Eurofiber is a fast-growing international provider of industry-

KEY PERSONS

Jeanine van der Vlist CEO Eurofiber NL Alex Goldblum CEO Eurofiber Groep

FOUNDED

Maarssen, 2000

TEAM SIZE

330

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium Germany

CUSTOMERS

Corporates Financial Institutions Regulators

leading digital infrastructure. With our fiber-optic network, we provide financial companies a future-proof infrastructure.

PRODUCT DESCRIPTION

ACHIEVEMENTS With 28,000km of cable, our open network covers the Benelux and delivers stateof-the-art fiber capabilities over 22.000 locations

A fiber optic industry-leading network that allows you to configure an infrastructure capable of meeting the most stringent demands.

‘‘

Eurofiber’s secure digital infrastructure helps you harness the power

‘‘

of financial technology to profit from your data, identify new revenue streams and form stronger relationships with your customers.

Safariweg 25-31 3605 MA Maarssen The Netherlands 80

eurofiber.nl info@eurofiber.nl

European Women Payments Network Providing women a platform that inspires, powers and supports EDUCATION // PAYMENTS

KEY PERSONS Martha Mghendi-Fisher Founder Silvia Mensdorff-Pouilly Executive Board Stanley Skoglund Executive Board Nadja van der Veer Executive Board

COMPANY DESCRIPTION Everyone connected to the tribe as either board member

FOUNDED

Amsterdam, 2017

TEAM SIZE

20

MARKET

Europe

CUSTOMERS

Corporates Financial Institution Startups

or ambassador is extremely passionate and dedicates its free time to help out other women.

PRODUCT DESCRIPTION EWPN provides a platform that

ACHIEVEMENTS First annual conference was a great success and overwhelming feedback was received, we achieved a 90% female speaking representation

inspires, empowers and mentors women in payments to help them realize their full individual potential.

‘‘

‘‘

We offer various programmes: networking events throughout the EU,

mentorship programmes, leadership programmes, awards and others.

Huiszoonstraat 21 3815 PW Amersfoort The Netherlands

ewpn.eu info@ewpn.eu 81

Europort+ - Topicus Connected banking. We connect consumers, finance professionals and funders.

BANKING PLATFORM SOLUTION // PENSIONS // SAVINGS

COMPANY DESCRIPTION We are known to be headstrong and refuse to be stereotyped.

We strive to build a company of

KEY PERSONS

Frank Schooneveldt CTO Frank Verkade CPO Alex Timmermans CMO

FOUNDED

Alphen aan den Rijn, 1980

TEAM SIZE

85

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium

CUSTOMERS

Corporates Financial Institutions

open-minded, creative and savvy individuals who cry out for

ACHIEVEMENTS Together with clients like ING, NN, Aegon and Achmea we created the best savings and investment platform

a challenge.

PRODUCT DESCRIPTION EuroPort+, the best and most complete banking (Saas) platform

EuroPort+ - SaaS is successful since the first day it went live with 100% Implementation Succes Rate

for wealth management, savings and pensions.

‘‘

‘‘

Your international wealth management fintech idea can be realized with our 200 banking API’s in EuroPort+ (Saas) solution.

Kampenringweg 45-B 2803 PE Gouda The Netherlands 82

topicus.com info@topicus.nl

Eversheds Sutherland COMPLIANCY SERVICES // CONSULTANCY // LEGAL SERVICES

KEY PERSONS

Matthijs Bolkenstein Partner Banking & Finance Lucas Lustermans Partner Banking & Finance Casper Rooijakkers Associate Banking & Finance Sharon Eedo Associate Banking & Finance

FOUNDED

Amsterdam and Rotterdam, 2002

in 32 jurisdictions offering full

TEAM SIZE

5,000

service services enhancing

MARKET

Europe Asia Middle East Africa North America

PRIMARY COUNTRIES

United Kingdom United States The Netherlands

CUSTOMERS

Financial Institutions Investors Startups

COMPANY DESCRIPTION A global law firm with 66 offices

tech and innovation in an entrepreneurial environment.

PRODUCT DESCRIPTION Legal, consultancy, compliance services for financial tech sector, including regulatory, corporate and contracting on a global scale.

‘‘

ACHIEVEMENTS Creating a global Fintech team throughout a number of relevant jurisdictions

Combining increasing regulatory requirements and a technical legal

‘‘

environment to enhance more efficiency and a proper and transparant legal overview of regulatory requirements for the sector.

De Cuserstraat 85A 1081 CN Amsterdam The Netherlands

eversheds-sutherland.com info@eversheds.nl 83

FG Lawyers B.V. Dutch boutique law firm focusing on corporate and (alternative) finance and FinTech LEGAL SERVICES

COMPANY DESCRIPTION FG Lawyers is one of the only Dutch boutique law firms that offers the unique combination of corporate

KEY PERSONS

Anne Hakvoort Partner/Lawyer Jan Paul Franx Partner/Lawyer Gijs Gerretsen Partner/Lawyer Sanne Machiels Senior Associate

FOUNDED

Amsterdam, 2013

TEAM SIZE

4

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

law and financial regulatory law

SME‘s Financial Institutions Startups

experience. High quality advice ACHIEVEMENTS

against reasonable fees.

PRODUCT DESCRIPTION Dutch boutique law firm focusing

Creating awareness within the Dutch House of Representatives for new banking models, such as a full reserve bank

on corporate and (alternative) finance. A.o. assisting our clients with financial regulatory law matters.

‘‘

Finding a proportionate regulatory framework for FinTech solutions. A

‘‘

continuous challenge. We embrace it. Together with our FinTech clients.

Prins Hendriklaan 28 1075 BD Amsterdam The Netherlands 84

Are you next?

fglawyersamsterdam.com contact@fglawyersamsterdam.com

Figlo To enable everyone to understand and impact their financial future.

BANKING SERVICES // FINANCIAL ADVISORY // PERSONAL FINANCE

KEY PERSONS

Nathan Brouwer Enterprise Account Executive Peter Dussel COO Marcel Slokkers Product Director Mark Tinke Teamlead Business Analysts René van Dijk Senior Solution Architect

performance-driven individuals

FOUNDED

Rotterdam, 1996

in a company culture that

TEAM SIZE

43

MARKET

Europe Middle East North America

PRIMARY COUNTRIES

The Netherlands US NORAM

CUSTOMERS

SME‘s Corporates Financial Institutions

COMPANY DESCRIPTION Working with talented,

is innovative, fast-paced and fun.

Where people are continually challenged and have the opportunity to showcase their talents.

PRODUCT DESCRIPTION We offer a platform that covers all functionality from PFM to holistic financial planning via SaaS and

ACHIEVEMENTS Our impressive footprint within the financial industry

through web services.

‘‘

Figlo empowers businesses throughout the entire client journey while

‘‘

keeping financial planning at the core. Ultimately helping consumers to gain financial insight and make informed decisions.

Dorpsstraat 151-155 2903 LA Capelle a/d IJssel The Netherlands

figlo.com marketing@figlo.com 85

Finbotx Quantify Your Risk; Solutions for Personal Asset Liability Management ASSET MANAGEMENT // DATA AND ANALYTICS // RISK MANAGEMENT

KEY PERSONS

Bart Koolhaas Co-founder Alexander van Haastrecht Co-founder Jacco Provoost Co-founder

FOUNDED

The Hague, 2015

TEAM SIZE

3

MARKET

Europe

A collaboration between subject

PRIMARY COUNTRIES

The Netherlands Switzerland

matter specialists; academics work

CUSTOMERS

SME‘s Corporates Financial Institutions

COMPANY DESCRIPTION

together with practitioners in order to get the best available solution for the customer.

ACHIEVEMENTS

PRODUCT DESCRIPTION

Live integrations with all major financial planning packages in NL + first big corporate clients

Quantitative modelling for personal asset liability management

‘‘

‘‘

API Only, low entry level, state of the art/institutional grade quantitative

Schenkkade 50 2595 AR Den Haag The Netherlands 86

models; available via the cloud.

finbotx.com info@finbotx.com

FinFiles SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION FinFiles is a dynamic, fast growing and niche FinTech company where passion, fun and professionalism are key elements in an informal

KEY PERSONS

Arie de Jong Lead Developer Jan Willem Deloor Head of Product Management & Consulting Remco Voormolen Head of Business Development

FOUNDED

Utrecht, 2004

TEAM SIZE

10

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium Luxembourg

CUSTOMERS

Corporates Financial Institutions

atmosphere.

PRODUCT DESCRIPTION We create and develop software products & solutions for asset managers/owners, banks and pension funds.

ACHIEVEMENTS We developed a sustainability software engine for analysis, screening and reporting of investment products and their calculated sustainability indicator

‘‘

‘‘

Efficient, fast, simple and free exchange, control/management and

distribution of investment products data, documents and information.

Burgemeester Reigerstraat 89 3581 KP Utrecht The Netherlands

finfiles.nl info@finfiles.nl 87

FinITiative

Bringing together the best of Financial & Tech PR CONSULTANCY

COMPANY DESCRIPTION At FinITiative, CitySavvy and MCS PR combine decades of expertise

KEY PERSONS

Omara Nahar Co-founder Perlita Fränkel Co-founder

FOUNDED

Amsterdam, 2017

TEAM SIZE

10

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium United Kingdom

CUSTOMERS

Corporates Financial Institutions Startups

in financial services and technology PR to offer an unparalleled skill set.

PRODUCT DESCRIPTION

ACHIEVEMENTS We help companies to effectively reach their target audiences with tailored messaging

From budding start-ups to established corporates, we enable fintech entities to communicate effectively with their target audiences.

‘‘

37 years of accumulated professional experience in the tech and financial

‘‘

industries has seen us through multiple sector transformations. Now, we are embracing the fintech revolution.

Herengracht 456 1017 CA Amsterdam The Netherlands 88

finitiativepr.com info@finitiativepr.com

Finos

The corporate and financial operating system CONSULTANCY // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION We encourage people to challenge

KEY PERSONS

Gui Vohringer Co-founder George Pedra Co-founder

FOUNDED

Amsterdam, 2017

TEAM SIZE

2

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium Luxembourg

CUSTOMERS

Corporates Financial Institutions Regulators

the status quo, and go beyond traditional approaches to deliver 10x improvements to a business’ operations and client engagement capabilities.

ACHIEVEMENTS Forming a consortium of industry leading corporate services providers, law firms and banking services providers

PRODUCT DESCRIPTION Our platform removes friction from the exchange of information between legal, financial, trust and corporate services institutions.

‘‘

We enable the secure and decentralised sharing of information regarding

‘‘

client structures between relevant parties, reducing risk and

operational costs, and providing a platform for transforming traditional business models.

Gustav Mahlerplein 2 1082 MA Amsterdam The Netherlands

finosglobal.com info@finosglobal.com 89

Five Degrees We support financials in their digital transformation with our DBP Matrix BANKING PLATFORM SOLUTION // LENDING // SAVINGS

COMPANY DESCRIPTION We are open, transparent and

KEY PERSONS

Martijn Hohmann CEO Marianne Tijssen COO Bjorn Holmthorsson CTO Jeffrey Severijn CDO Sheri Brandon CCO

FOUNDED

Breukelen, 2010

TEAM SIZE

140

MARKET

Europe North America South America

PRIMARY COUNTRIES

Benelux DACH United Kingdom Ireland

CUSTOMERS

SME‘s Financial Institutions Startups

collaborative. We believe that if our people enjoy working with us, we will achieve better results.

PRODUCT DESCRIPTION Five Degrees supports financials in their digital transformation with its next-generation digital banking platform Matrix.

‘‘

ACHIEVEMENTS Top 10 of best employers for companies in the Staff Involvement Survey in the category of <100 staff members

Five Degrees offers banks and financial institutions a way to bridge

‘‘

the gap between the old and the new world, by embracing digitization

Spaklerweg 52 1114 AE Amsterdam The Netherlands 90

and automation.

fivedegrees.com marketing@fivedegrees.com

Franx B.V. Franx. Trade & Pay the smart way.

BANKING PLATFORM SOLUTION // PAYMENTS // RISK MANAGEMENT

KEY PERSONS

Hatim Chebti General Director Ronald Lokkers General Director

FOUNDED

Amsterdam, 2017

TEAM SIZE

25

MARKET

Europe

CUSTOMERS

SME‘s Corporates Startups

COMPANY DESCRIPTION Franx is a team of passionate professionals, consisting of a unique combination of banking and digital experts.

PRODUCT DESCRIPTION

ACHIEVEMENTS Being the first fintech providing clients a digital FX and payments platform with one multi-currency account and upfront transparent pricing!

We offer the solution for efficient and secure FX transactions and international payments within our platform through one multi-currency account.

‘‘

The unique option of using a single multi-currency account in one digital

‘‘

platform to make international payments in 26 currencies and to hedge

Hogehilweg 5L Saturnus building 1101 CA Amsterdam The Netherlands

currency risks in the process.

franx.com contact@franx.com 91

Fraud Dynamics Tackle the dynamics of financial crime and fraud and get ahead of the game COMPLIANCY SERVICES // RISK MANAGEMENT // SECURITY

KEY PERSONS

Sjoerd Slot CEO Robert Maessen CTO Pieter de Rooij CPO

FOUNDED

Amsterdam, 2014

TEAM SIZE

6

COMPANY DESCRIPTION

MARKET

Europe

An energetic team of deep

PRIMARY COUNTRIES

The Netherlands Nordics United Kingdom

CUSTOMERS

Financial Institutions

analytics, technology and domain expertise that together bring tangible added value to our customers. Challenging each other to greater heights and celebrating results.

ACHIEVEMENTS Several client cases showing ROI of 3-6 months on average consistently

PRODUCT DESCRIPTION Lower risk and lower cost in transaction monitoring. Fraud Dynamics solutions enhances your existing fraud and AML systems and processes.

‘‘

Get out of the continuous reactive cat & mouse game. We lower your false

‘‘

positives and enhance the customer experience, thereby making fraud

Emmaplein 10 1075 AW Amsterdam The Netherlands 92

and AML a real added value. frauddynamics.com

getincontact@frauddynamics.com

Funding Circle Netherlands Building a better financial world

ALTERNATIVE FINANCE // CROWDFUNDING // LENDING

COMPANY DESCRIPTION We help small businesses get the finance they need to grow, creating thousands of jobs and driving the economy forward.

KEY PERSONS

Samir Desai Co-Founder & CEO James Meekings Co-Founder & Managing Director UK Jerome Le Luel Chief Risk Officer Jeroen Broekema Managing Director NL

FOUNDED

London, 2010

TEAM SIZE

900

MARKET

Europe North America

PRIMARY COUNTRIES

The Netherlands United Kingdom United States

CUSTOMERS

SME‘s Financial Institutions Investors

PRODUCT DESCRIPTION Funding Circle is the world’s leading small business loans platform, matching investors to businesses that want to grow.

‘‘

ACHIEVEMENTS We’ve helped 45,000 small businesses across the world and supported creation of approximately 100,000 new jobs since 2010

Since 2010, our investors - including 80,000 individuals, local and regional

‘‘

governments and financial institutions - have lent approximately €5 billion to more than 45,000 businesses globally.

WTC, B Tower Strawinskylaan 631 1077 XX Amsterdam The Netherlands

fundingcircle.nl informatie@fundingcircle.nl 93

Ginger

The Fintech Catalyst PAYMENTS // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION We’re young at heart, high on tech, with tons of domain knowledge

KEY PERSONS

Maarten Sander CTO Joachim de Boer COO Roderick de Koning CEO

FOUNDED

Amsterdam, 2014

TEAM SIZE

15

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium France

CUSTOMERS

Corporates Financial Institutions Startups

and with entrepreneurial mindsets.

Together we get it done!

ACHIEVEMENTS

PRODUCT DESCRIPTION Ginger enables teams that build financial applications to shorten their time-to-market and create

Transferred from being a payment provider to a technical catalyst for teams that build financial applications

better products.

To take the complexity out of building financial applications

Donauweg 10 1043 AJ Amsterdam The Netherlands 94

once and for all.

‘‘

‘‘

gingertech.com info@gingertech.com

Holtrop Ravesloot Executive Search & Consulting CONSULTANCY // EDUCATION // RECRUITMENT

COMPANY DESCRIPTION A boutique search firm with a high standard - and quality of work, as for the service levels to both client

KEY PERSONS

Boudewijn Vellinga Gerald Knol Freek Muller Jan Beerling Edith Zeevalk Wiet Panen

FOUNDED

Amsterdam, 1960

TEAM SIZE

18

MARKET

Global

PRIMARY COUNTRIES

The Netherlands Germany United Kingdom

CUSTOMERS

SME‘s Corporates Financial Institutions

and candidates.

ACHIEVEMENTS PRODUCT DESCRIPTION Since 1960 Holtrop Ravesloot is

The longest existing headhunter in the Netherlands

the leading executive search and consulting firm in the Netherlands.

‘‘

Through advising, training and coaching founders and teams of FinTech

‘‘

startups and scale-ups, as well as corporate & private investors, we become more successful than our wcompetitors.

Keizer Karelplein 1 1185 HL Amstelveen The Netherlands

holtropravesloot.nl info@holtropravesloot.nl 95

HPE Growth Capital Investing in tomorrow’s market leaders VENTURE CAPITAL

KEY PERSONS

Hans van Ierland CEO & Founder Tim van Delden CIO & Founder/ FinTech Harry Dolman Partner Manfred Krikke Partner Jonne de Leeuw Principal Frederic Huynen VP/FinTech

15 international professionals with

FOUNDED

Amsterdam, 2010

various backgrounds

TEAM SIZE

15

MARKET

Europe North America

PRIMARY COUNTRIES

The Netherlands Germany Belgium

CUSTOMERS

SME‘s Corporates Financial Institutions

COMPANY DESCRIPTION

PRODUCT DESCRIPTION HPE provides growth capital for fast growing technology companies across Europe (typically EUR 10-30 million investments in Series B/C).

ACHIEVEMENTS

‘‘

As a team, we have been involved in over 15 technology IPOs as entrepreneurs, investment bankers and investors.

HPE provides growth capital for fast growing technology companies

‘‘

across Europe (typically EUR 10-30 million investments in Series B/C). HPE’s FinTech investments include PPRO, Kreditech, AEVI and NGData.

Gustav Mahlerplein 109/111 1082 MS Amsterdam The Netherlands 96

hpegrowthcapital.com info@hpegrowthcapital.com

IBM Nederland A constant state of innovation

DATA AND ANALYTICS // INNOVATION SERVICES // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION We remain dedicated to leading

KEY PERSONS

Ginni Rometty CEO Peter Zijlema GM Benelux Jakob Olsen VP IBM Benelux Cloud

FOUNDED

New York, 1911

TEAM SIZE

400,000

MARKET

Global

CUSTOMERS

Corporates Financial Institutions Startups

the world into a more prosperous and progressive future; to creating a world that is fairer, more diverse, more tolerant, more just.

ACHIEVEMENTS IBM Mainframe IBM Watson

PRODUCT DESCRIPTION

Cognitive computing

Software, software development

Quantum computing

and services solutions for large/

Many technology patents

small enterprises. Integration services on public and private cloud, blockchain solutions.

‘‘

Hybrid cloud integration with use of on premise, private cloud and public

‘‘

cloud solutions based on internal and external data sources with use of strong analytics capabilities to drive innovation.

Johan Huizingalaan 765 1066 VH Amsterdam The Netherlands

ibm.com 97

IHS Markit The New Intelligence

COMPLIANCY SERVICES // DATA AND ANALYTICS // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION

KEY PERSONS

Lance Uggla Chairman of the Board and CEO

FOUNDED

St. Albans, UK, 2003

TEAM SIZE

13,500

MARKET

Global

PRIMARY COUNTRIES

United States United Kingdom

CUSTOMERS

Corporates Financial Institutions

IHS Markit is a dynamic organization, bringing some of the brightest minds from all over the world together.

ACHIEVEMENTS Our customers include 80% of the Fortune Global 100 and all of the 14 largest global banks

PRODUCT DESCRIPTION IHS Markit offers data, analytics, software, and trade processing for financial services institutions.

‘‘

‘‘

We deliver dynamic, scalable financial market information services that firms need to grow and adapt to future market changes.

UN Studio - 11th Floor Parnassusweg 823 1082 LZ Amsterdam The Netherlands 98

ihsmarkit.com sales@ihsmarkit.com

IMC financial markets Explore Engage Expand PROPRIETARY TRADING

FOUNDED

Amsterdam, 1989

TEAM SIZE

550

MARKET

Europe Asia North America South America Australia

CUSTOMERS

Financial Institutions

COMPANY DESCRIPTION Technology, innovation, training, and a great team: IMC offers it all.

You’ll discover a culture where collaboration matters and curiosity counts, we’re eager to understand

ACHIEVEMENTS We develop innovative technology and employ advanced trading strategies to make markets on more than 100 exchanges globally

and determined to improve.

PRODUCT DESCRIPTION Market making financial instruments

Amstelveenseweg 500 1081 KL Amsterdam The Netherlands

‘‘

‘‘

We make financial markets globally more efficient.

imc.com contact@imc.com 99

Indigo Personalised recruitment of Developers, Cloud and Data specialists RECRUITMENT

COMPANY DESCRIPTION

KEY PERSONS

Jaap van Goch Madelon Peters Willem ter Harmsel

FOUNDED

Amsterdam, 2010

TEAM SIZE

3

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands United Kingdom Germany

CUSTOMERS

SME‘s Corporates Financial Institutions

We create value for our customers with a highly personal and qualitative approach. In the current scarce market, this is the most valuable asset we can bring our customers.

PRODUCT DESCRIPTION

ACHIEVEMENTS After 7 years, we are proud to work with truly leading companies in machine learning, data-science and hybrid cloud technology

Indigo recruits IT professionals for companies that are driven by IT. We specialise in IT Infrastructure, Development and Data science.

‘‘

We travel Europe to find the best developers, data scientists and cloud

‘‘

specialists. Our personal approach allows us to attract the best talent for Fintech start-ups and scale-ups.

Rokin 75 1012 KL Amsterdam The Netherlands 100

indigo.amsterdam info@indigo.amsterdam

ING Empowering people to stay a step ahead in life and in business BANKING SERVICES // LENDING // PAYMENTS

COMPANY DESCRIPTION ING is a bank with an

KEY PERSONS

Ralf Hamers CEO Koos Timmermans CFO Steven van Rijswijk CRO

FOUNDED

Amsterdam, 1991

TEAM SIZE

51,000

MARKET

Global

CUSTOMERS

Consumers SME‘s Corporates

entrepreneurial spirit. It is professional in everything it does, but informal at the same time, having many cultures under one roof.

ACHIEVEMENTS Best Bank in the World 2017 (Global Finance Magazine) Global Bank of the Year 2016 (The Banker)

PRODUCT DESCRIPTION Retail and wholesale banking services.

‘‘

‘‘

ING has always been a digital leader. Today, we have launched many innovations on the market, also by partnering with over 150 fintechs.

Bijlmerplein 888 1102 MG Amsterdam The Netherlands

ing.com media.relations@ing.com 101

Innopay Innovation in digital transactions BLOCKCHAIN SERVICES // CONSULTANCY // INNOVATION SERVICES

COMPANY DESCRIPTION High performance environment, with ample room for professional development through the highly visible and impactful projects

KEY PERSONS

Shikko Nijland Managing Partner Douwe Lycklama Founding Partner Vincent Jansen Partner Nils Jung Partner Frankfurt Office

FOUNDED

Amsterdam, 2003

TEAM SIZE

45

MARKET

Europe

PRIMARY COUNTRIES

Netherlands Germany Switzerland

CUSTOMERS

Corporates Financial Institutions Investors

in the digital space.

PRODUCT DESCRIPTION Fintech innovation and change consulting in identity, payments and data,

‘‘

ACHIEVEMENTS Instrumental in creating several digital transaction schemes, including iDEAL (2004), MyBank (2009), eHerkenning (2010), Simplerinvoicing (2013), iSHARE (2017)

Everything is becoming a digital transaction, so value exchange is rapidly

‘‘

extending beyond finances, and increasingly towards data exchange,

WTC, F Tower Strawinskylaan 381 1077 XX Amsterdam The Netherlands 102

involving all economic sectors.

innopay.com info@innopay.com

Intermax Cloudsourcing

High performance and 100% compliant cloud platforms SECURITY // TECHNOLOGY SOLUTIONS

KEY PERSONS Ludo Baauw CEO Tjitse Kooistra Business Developer

COMPANY DESCRIPTION

FOUNDED

Rotterdam, 1994

TEAM SIZE

70

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands United Kingdom

CUSTOMERS

Corporates Financial Institutions Startups

We believe that systems are there to support people, and not the other way around. We power your cloud since 1994.

PRODUCT DESCRIPTION We design, secure and manage

ACHIEVEMENTS As a winner of the Best Workplace award, Intermax excels in the human touch as well as in technology management

highly available application platforms in private and public clouds. Certified by SOC2 and ISO 27001.

‘‘

Our cloudsourcing solutions helps FinTech companies with the availability and performance of applications, business continuity, compliancy

‘‘

and security by implementing privacy by design principles (for GDPR and PSD2 legislation).

Schouwburgplein 30-34 3012 CL Rotterdam The Netherlands

intermax.nl info@intermax.nl 103

Intersolve Empowering Fintech clients by eliminating barriers using our sophisticated ecosystem BANKING SERVICES // CROWDFUNDING // PAYMENTS

COMPANY DESCRIPTION We are a highly technical company with a stringent eMoney license and security standards, but we

KEY PERSONS

Andre Moen CEO Peter Schilder CFO Elise Hansen COO

FOUNDED

Hilversum, 1996

TEAM SIZE

64

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands United Kingdom Norway

CUSTOMERS

SME‘s Corporates Startups

were able to keep our culture informal yet professional.

PRODUCT DESCRIPTION

ACHIEVEMENTS Management of all major licensed (digital) gift cards in The Netherlands

We inspire our customers by offering white label solutions utilizing our eMoney license, eWallet and payment infrastructure.

‘‘

‘‘

We provide time to market by taking out the hassle of regulatory and compliance requirements that apply to our Fintech clients.

Fonteinkruid 4 3931 WX Woudenberg The Netherlands 104

intersolve.nl info@intersolve.nl

Intrum Empathy, Ethics, Solutions, Dedication BANKING SERVICES // CREDIT SCORING

COMPANY DESCRIPTION Through an everyday commitment to being a little better today than we were yesterday, we bring out the best in each other.

KEY PERSONS

Mikael Ericson CEO & President Marc Knothe Regional Managing Director Rick Terra CEO Netherlands Frederique van Maldegem CFO Netherlands Rob Haket Sales Director

FOUNDED

Stockholm, 1913

TEAM SIZE

8,000

MARKET

Europe

PRIMARY COUNTRIES

Sweden Spain Italy

CUSTOMERS

SME‘s Corporates Financial Institutions

PRODUCT DESCRIPTION Credit Management, Call Center, Invoicing and Peforming and Non Performing Banking & Non Bank Loan Services.

‘‘

ACHIEVEMENTS By merging with Lindorff Intrum has become by far the biggest credit management company in the world

Fully integrated or some of the building blocks? Intrum delivers with

‘‘

great flexibility and innovation the services needed for a state of the art

Spoetnik 20 3824 MG Amersfoort The Netherlands

servicing for your clients.

intrum.com sales@intrum.com 105

Investsuite NV We help banks gain and serve new generations of investors in the most efficient way BANKING SERVICES // FINANCIAL ADVISORY // SECURITY

KEY PERSONS

Bart Vanhaeren CEO Laurent Sorber CTO Hederik Laloo Growth Chris Eichhorn Development

FOUNDED

Heverlee, 2018

TEAM SIZE

8

COMPANY DESCRIPTION

MARKET

Europe

We are a positive, dynamic and

PRIMARY COUNTRIES

Belgium Poland Switzerland

CUSTOMERS

Consumers Financial Institutions

hard-driving team. We value transparency & authenticity.

Our basic principles include world class quality, timely execution and customer orientation.

ACHIEVEMENTS Built team of 8

PRODUCT DESCRIPTION B2B roboadvisory with a unique

Raised Eur 600k own capital

algorithm, an innovative customer

Designed demo app

profiling module, world-class

Pursuing partnership with major banking platform

design skills and strong backend integration experience.

‘‘

‘‘

We provide white-label investing solutions for banks and offer retail clients solid investment guidance and a superior onboarding journey.

De Hoorn Sluisstraat 79 3000 Leuven Belgium 106

investsuite.eu hello@investsuite.eu

iSignthis Your complete identity and payments solution COMPLIANCY SERVICES // IDENTITY SERVICES // PAYMENTS

KEY PERSONS

John Karantzis CEO Todd Richards CFO James Cameron CRO Or Kapelinsky COO Dominic Melo CPO Andrew Karantzis CSO

FOUNDED

Melbourne, 2013

TEAM SIZE

40

MARKET

Europe Asia North America Australia

CUSTOMERS

Corporates Financial Institutions

COMPANY DESCRIPTION Reliable yet disruptive innovation is in our DNA. We spend most of our time in delivering progressive and agile products for online businesses.

PRODUCT DESCRIPTION • Remote identity verification, customer due diligence, payment authentication, payment processing.

• Transactional banking including

ACHIEVEMENTS Going public which makes us transparent and reliable Granted patents for our solutions Paydentity and ISXPay

eMoney, custodial, card processing, SEPA, SWIFT, APM’s.

‘‘

We provide merchants with the most advanced identity verification and

‘‘

payments solutions through our unified system that enables them to grow their business whilst achieving compliance.

26 Athalassas Avenue, 4th floor Strovolos, Nicosia, 2018 Cyprus

isignthis.com contact@isignthis.com 107

Kedin Consumer Finance Doe je ding!

ALTERNATIVE FINANCE // CREDIT SCORING // FACTORING

KEY PERSONS

Michel Westerduin Businessunit Director

FOUNDED

Rotterdam, 2009

TEAM SIZE

7

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Consumers

COMPANY DESCRIPTION Kedin is a young dynamic company that is looking at (payment) solutions within a

ACHIEVEMENTS Getting 20.000 customers (consumer) within 1 year

changing financial environment and changing business-models.

PRODUCT DESCRIPTION Providing flexible solutions for consumers to align income and expenses. Providing solutions for businesses to unroll “pay per use” model.

‘‘

‘‘

We automate credit decisions and provide solutions to onboard, and conclude contracts with clients online, mobile first.

Blaak 16 3011 TA Rotterdam The Netherlands 108

kedin.nl info@kedin.nl

Kempen & Co Independent investment bank focused on FI & FinTech BANKING SERVICES // FINANCIAL ADVISORY

KEY PERSONS

CJ Welkzijn Head and Managing Director FI & FinTech Lennart Den Blanken Executive Director FI & FinTech

FOUNDED

Amsterdam, 1903

TEAM SIZE

500

MARKET

Europe Asia Africa North America

CUSTOMERS

Corporates Financial Institutions Investors Startups

COMPANY DESCRIPTION Open and entrepreneurial culture.

The FI & FinTech team brings many years of experience to the table and have an in-depth understanding of the sector, including technological

ACHIEVEMENTS

and regulatory knowledge.

Advised FI & FinTech companies and investors on >EUR 2.8bn M&A, fundraise and ECM transactions in the last two years

PRODUCT DESCRIPTION Kempen advises FI & FinTech companies and (technology) investors on M&A transactions and raising capital via funding rounds or IPOs.

‘‘

Kempen supports FI & FinTech companies in their growth path by helping

‘‘

them to obtain sufficient funding and scale (via M&A) throughout their

Beethovenstraat 300 1077 WZ Amsterdam The Netherlands

entire lifecycle.

kempen.com info@kempen.com 109

Klarna Smoooth payments PAYMENTS

COMPANY DESCRIPTION Klarna is divided into 250 startups, which are end to end responsible

KEY PERSONS

Sebastian Siematkowski CEO

FOUNDED

Stockholm, 2005

TEAM SIZE

2,000

MARKET

Europe North America

PRIMARY COUNTRIES

Nordics DACH United Kingdom

CUSTOMERS

Consumers SME‘s Corporates

for their product, feature, process or such to create the smooothest shop experience.

PRODUCT DESCRIPTION

ACHIEVEMENTS Partnerships with Magento, Saas platforms etc. to provide webshops an easy access to our products

Klarna gives online consumers the option to pay now, pay later or over time - offering a smooth checkout experience.

‘‘

Klarna wants to revolutionise the payment experience for shoppers and

‘‘

merchants alike. She therefore builds her products based on the data from 79,000 million consumers who buy with Klarna.

De Ruijterkade 7 1013 AA Amsterdam The Netherlands 110

klarna.com verkoop@klarna.com

KlippaCast Solving the receipt chaos. Unlocking data potential, making administration seamless COMPANY ADMINISTRATION // DATA AND ANALYTICS // PAYMENTS

COMPANY DESCRIPTION

KEY PERSONS

Yeelen Knegtering CEO Robert Verheggen COO Jeroen Bobbeldijk CTO

FOUNDED

Groningen, 2015

TEAM SIZE

7

MARKET PRIMARY COUNTRIES

Europe

CUSTOMERS

Consumers SME‘s Financial Institutions

Relationships, a PhD and countless hours of sleep have been given up.

A team working together for over

The Netherlands Belgium France

a decade, now committed to one goal: no more paper receipts.

PRODUCT DESCRIPTION A universal digital receipt solution.

ACHIEVEMENTS ASN Innovation Award 2017 winners Startupbootcamp Fintech 2018 alumni

Solving the paper receipt chaos.

Unlocking data potential and making administration seamless.

‘‘

With digital receipts, consumers can obtain detailed information about

‘‘

their spending behavior. With PSD2 regulation coming up, KlippaCast could be the missing link to robotic accounting for receipts.

Lubeckweg 2 9723 HE Groningen The Netherlands

klippacast.com info@klippacast.com 111

Koomalooma A complete loyalty and rewards programme SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

KEY PERSONS

Massimiliano Silenzi Co-founder & CEO Simonluca Landi Co-founder & CTO

FOUNDED

Amsterdam, 2015

TEAM SIZE

7

MARKET PRIMARY COUNTRIES

Europe

CUSTOMERS

Financial Institutions Startups

The Netherlands Belgium France

COMPANY DESCRIPTION At Koomalooma our customers come first with our dedication to innovation to establish the foundation of a new economic and social fabric.

‘‘

Koomalooma establishes the

foundation of a new economic

Koomalooma is a loyalty programme and platform that allows mobile and web companies to easily manage promotions

and social fabric by capturing the

‘‘

PRODUCT DESCRIPTION

attention and imagination of customers.

and reward programmes.

Weteringschans 165C 1017 XD Amsterdam The Netherlands 112

business.koomalooma.com business@koomalooma.com

KPMG Meijburg & Co Expertise, a proactive approach, excellent quality, and high speed of response COMPLIANCY SERVICES // CONSULTANCY // LEGAL SERVICES

KEY PERSONS

Wilbert Kannekens Partner and CEO Niels Groothuizen Partner & Head of Financial Services Gert-Jan van Norden Partner & Head of FS Indirect Tax

FOUNDED

Amsterdam, 1939

TEAM SIZE

570

COMPANY DESCRIPTION

MARKET

Global

We believe in sharing knowledge.

CUSTOMERS

Corporates Financial Institutions Investors

Tax Advisors are working in so called ‘knowledge groups’.

Colleagues from various offices work closely together in a certain tax area.

ACHIEVEMENTS International Tax Review ranked us as “Tier 1” firm, the ‘go-to’ firm in our jurisdiction

PRODUCT DESCRIPTION KPMG Meijburg & Co is one of the leading tax advisory firms in the Netherlands.

‘‘

Tax transparency and compliance through mandatory exchange

‘‘

of information and common reporting standards is increasingly made

a resposibility of financial institutions. KPMG helps financial institutions globally with these challenges.

Laan van Langerhuize 9 1186 DS Amstelveen The Netherlands

meijburg.com info@meijburg.com 113

Lender & Spender

Connecting people that are sensible with their money CROWDFUNDING // LENDING

COMPANY DESCRIPTION Our organisation is characterised by a highly skilled and ambitious team and a client-focused and

KEY PERSONS

Robert Leclercq CEO Huub van der Wart CTO Lino Hendriks COO

FOUNDED

Amsterdam, 2014

TEAM SIZE

3

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Consumers SME‘s Investors

open culture.

ACHIEVEMENTS PRODUCT DESCRIPTION We enable people to borrow money directly from other people without

Boasting the highest client rating of all consumer loan providers in the Netherlands on the largest independent comparison website

the involvement of a traditional bank.

‘‘

We directly connect borrowers with investors to create a more efficient

‘‘

and transparent market for consumer lending. Technology enables us to offer a high service level and better rates.

Olympisch Stadion 24-28 1076 DE Amsterdam The Netherlands 114

lenderspender.nl contact@lenderspender.nl

Levi9

One plus one equals nine SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

KEY PERSONS

Pien Oosterman CEO Debby Jansen CCO Hein Hop Account Manager Valentyn Koriako Delivery Director

FOUNDED

Amsterdam, 2005

TEAM SIZE

900

COMPANY DESCRIPTION

MARKET

Europe

Nobody makes impact alone.

PRIMARY COUNTRIES

The Netherlands United Kingdom Scandinavia

CUSTOMERS

SME‘s Corporates Financial Institutions

Technology businesses, people, it’s all dynamic. When complexity, speed and change come together only a great team can handle the challenge. We love that challenge, especially the technology part of it.

PRODUCT DESCRIPTION Software development and full scale IT Services from nearshore

ACHIEVEMENTS For the 4th time in a row Levi Nine celebrates a 100% recommendation score in the Outsourcing Performance benchmark study of research agency Giarte (source: 2017)

locations. Joint innovation by co-creation.

‘‘

Levi9 enables fintechs and financial services organisations to realise

‘‘

their digital offerings by teaming up YOUR business people with OUR

Muiderstraat 1 1011 PZ Amsterdam The Netherlands

technology experts.

levi9.com info@levi9.com 115

Limitless

Micro-investment app licensed to Financial players, targeted to Millennials INVESTMENTS // SAVINGS // DATA AND ANALYTICS

COMPANY DESCRIPTION

KEY PERSONS

Sara Koslinska CEO Ka-ming Lim Co-founder Judit Bogos COO Kamil Bukala CTO

FOUNDED

London, 2016

TEAM SIZE

10

MARKET

Europe Asia North America Australia

PRIMARY COUNTRIES

The Netherlands Germany Nordics

CUSTOMERS

Financial Institutions

Experienced, global team managed by 2 founders - an industry veteran and a dynamic, serial entrepreneur.

Startupbootcamp alumni.

PRODUCT DESCRIPTION Limitless is a white-labeled mobile app for automated, spendingbased micro-investments into a diversified portfolio of product sold by our partnerbank.

‘‘

ACHIEVEMENTS Founder of the year (CESAwards‘17) Startup of the year European Fintech Awards Interviewed by The Banker and mentioned by CB Insights as “a new generation of micro-robos”

A secure financial future for Millennials is the goal. Limitless enables both

‘‘

users and banks to monetise PSD2 data to get them there effectively,

Weesperstraat 61 1018 VN Amsterdam The Netherlands 116

efficiently and securely.

limitlessapp.io hello@limitlessapp.io

Loyens & Loeff

Your trusted legal & tax advisor for FinTech solutions LEGAL SERVICES

KEY PERSONS

Martijn Schoonewille Partner, Amsterdam office Anne-Marie Nicolas Partner, Luxembourg office Andrea Huber Partner, Zürich office

FOUNDED

1917

TEAM SIZE

1,500+

MARKET

Europe Asia United States

PRIMARY COUNTRIES

The Netherlands Belgium Luxembourg Switzerland

around the world.

CUSTOMERS

Corporates Financial Institutions Startups

PRODUCT DESCRIPTION

ACHIEVEMENTS

COMPANY DESCRIPTION Loyens & Loeff is the logical choice for a legal and tax partner with 900 advisors based in our home markets and key financial centers

We bring innovative and practical legal & tax solutions to our clients that are active in the FinTech arena.

‘‘

Participated in the Blockchaingers Hackathon 2018 as legal jedi‘s Ranking Band 1 in Financial Regulatory, Chambers Europe 2018

Considering our multi-disciplinary team, international presence,

experience with innovative technology and entrepreneurial spirit we

‘‘

can provide the legal assistance a FinTech player needs today and in the future.

Fred. Roeskestraat 100 1076ED Amsterdam The Netherlands

loyensloeff.com fintech@loyensloeff.com 117

Making Strategy Work Make strategy work in insurance and pensions CONSULTANCY

KEY PERSONS

Stephan Linnenbank Managing Consultant

FOUNDED

Utrecht, 2011

TEAM SIZE

1

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium

CUSTOMERS

Financial Institutions Startups

COMPANY DESCRIPTION Pragmatic, creative and innovative.

PRODUCT DESCRIPTION

ACHIEVEMENTS

Consultancy on strategy, corporate innovation, InsurTech and

Both Expert Marketing Professional (Register Marketeer) and Certified Pension Executive

PensionTech.

‘‘

You will not get fat advisory reports, but pragmatic methods, to the point

‘‘

advice and targeted interventions. All from an in-depth sector knowledge

Pieter Nieuwlandstraat 98 3514 HL Utrecht The Netherlands 118

and experience.

makingstrategywork.nl info@makingstrategywork.nl

MatchingLink Reporting insight

CONSULTANCY // SOFTWARE DEVELOPMENT

KEY PERSONS Friso Postma Managing Partner & Founder Joris Heijting Managing Partner & Founder Marco Blauwhof CTO Willemijn van Leeuwen COO

COMPANY DESCRIPTION

FOUNDED

Utrecht, 2015

TEAM SIZE

6

Professional go get mentality.

MARKET

Europe

Output and result focused.

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Financial Institutions

Personal growth is key.

PRODUCT DESCRIPTION We provide a software platform that gives transparent access to

ACHIEVEMENTS Included in the Dutch Fintech Top 50 in 2017

the process and results of Liability Driven Investment calculations.

‘‘

Our platform incorporates a powerful calculation engine that allows for

‘‘

accurate results, a communicative workflow process and a system to report and present the analysis and calculations.

Europalaan 100 1e etage Oostvleugel 3526KS Utrecht The Netherlands

matchinglink.nl info@matchinglink.nl 119

Matterhorn Reporting Services RegTech that Delivers COMPLIANCY SERVICES // CONSULTANCY // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION Matterhorn is the definition

KEY PERSONS

Geert Hids CEO Olaf van Halm COO/CFO Tijs Huisman CTO

FOUNDED

Utrecht, 2014

TEAM SIZE

7

MARKET

Europe North America

PRIMARY COUNTRIES

Luxembourg United Kingdom The Netherlands

CUSTOMERS

Financial Institutions

of an agile enterprise. Our knowledgeable consultants constantly monitor the evolution of regulatory regulations and translate these into client oriented compliancy solutions.

PRODUCT DESCRIPTION Matterhorn Reporting Services helps financial organisations to meet the challenges of an

ACHIEVEMENTS Servicing a non-EU clients by filing their AIFMD Annex IV reports in 35 different countries International client base Suite of regulatory reporting solutions Offered over 1,000 filings annually

increasingly complex international regulatory environment.

‘‘

‘‘

We do this by offering applications that streamline and simplify

Kernkade 12-J 3542 CH Utrecht The Netherlands 120

compliance obligations.

matterhorn-rs.com

info@matterhorn-rs.com

Mempay

Easily manage (online) subscriptions COMPANY ADMINISTRATION // INNOVATION SERVICES // PAYMENTS

KEY PERSONS

Niels de Peuter Laurens Withagen

FOUNDED

Rotterdam, 2014

TEAM SIZE

10

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

COMPANY DESCRIPTION Mempay is a startup with an

SME‘s Corporates Startups

innovative subscription service and with a young team that is growing fast.

ACHIEVEMENTS Building a system that automates recurring payments, pauses a subscription and tracks failed payments

PRODUCT DESCRIPTION We enable our clients to rapidly grow and expand their businesses by adding high-end subsciption services.

‘‘

Easily manage (online) subscriptions. Wether to set-up recurring

‘‘

payments, pause a subscription or track failed payments, Mempay relieves your company completely of administrative tasks and helps you grow!

Jan Leentvaarlaan 65 3065 DC Rotterdam The Netherlands

mempay.com support@mempay.com 121

Minox

Accounting Connected ACCOUNTANCY // COMPANY ADMINISTRATION // PAYMENTS

KEY PERSONS

Hessel Kuik CEO Wilco Kraaij Manager productstrategie & innovatie Stefan van den Berg Advisor

FOUNDED

Zeist, 1983

TEAM SIZE

20

MARKET

Europe

we have a start-up culture that

PRIMARY COUNTRIES

The Netherlands

fosters innovation and co-creation.

CUSTOMERS

COMPANY DESCRIPTION Despite being a 1983 fintech (!)

Customer centricity is in our DNA.

SME‘s Startups

And our annual company weekend ACHIEVEMENTS

is awesome!

Open API (2017)

PRODUCT DESCRIPTION Minox offers innovative cloud accounting software to SME’s and accounting firms. USP’s are robotic

Unique ‘pre-PSD2‘ integrated payment solution (2017) Launch of really cool cloud ERP solution (2018)

accounting, superior UX and flexible collaboration.

‘‘

We developed the ‘Accounting Connected’ platform to enable tailored collaboration between accountants and SME’s. The high level of

‘‘

automation and connectedness results in hyper-efficiency, speed and actionable insights.

Lunet 3A 3905 NW Veenendaal The Netherlands 122

minox.nl

hessel@minox.nl

Mitek

The Global Leaders in Digital Identity Verification IDENTITY SERVICES // TECHNOLOGY SOLUTIONS // TRUST SERVICES

KEY PERSONS

James DeBello CEO, President and Chairman Jeff Davison CFO Kalle Marsal COO Stephen Ritter CTO René Hendrikse MD EMEA

COMPANY DESCRIPTION

FOUNDED

San Diego, 1983

Mitek drives digital transformation

TEAM SIZE

188

in the identity verification market

MARKET

Europe North America South America

PRIMARY COUNTRIES

The Netherlands United Kingdom United States

CUSTOMERS

SME‘s Corporates Financial Institutions

from our offices in the Netherlands, UK, US and Spain while living out our core values of delivering, learning and caring.

PRODUCT DESCRIPTION Mobile Verify, Mitek’s digital ID document verification and biometric face comparison solution, allows financial institutions to achieve trust and compliance.

‘‘

ACHIEVEMENTS Globally, over 6,100 financial institutions & fintechs, with 80+ million consumers, use Mitek to verify identities and build trust

Mobile Verify provides trusted identity verification for financial institutions,

‘‘

improving their UX, reducing fraud, and helping meet stringent regulatory requirements to allow them to thrive in the digital channel.”

Radarweg 60 1043 NT Amsterdam The Netherlands

miteksystems.co.uk pr@miteksystems.com 123

MKB-kredietcoach We make entrepreneurs happier by securing their financial robustness ACCOUNTANCY // CONSULTANCY // FINANCIAL ADVISORY

KEY PERSONS

Age Douma CEO Bert Duurland Marketing & Sales Jan Wietsma Innovation and stakeholdersrelations

FOUNDED

Zwolle, 2011

MARKET

Europe

COMPANY DESCRIPTION

PRIMARY COUNTRIES

The Netherlands

When you’re happy there will be

CUSTOMERS

a playground to innovate and

SME‘s Financial Institutions Startups

work on sustainable solutions for entrepreneurs to solving their finance problems.

ACHIEVEMENTS Over 25 organisations are now a member of MKB-kredietcoach

PRODUCT DESCRIPTION Consultancy, Digital assessments, Entrepreneurship, Financing solutions, Soft-franchise.

Businesscoaching.

‘‘

With our integrated approach we contribute to lower the failure and

‘‘

friction costs in the supply chain finance. This with the principles

Mheneweg Zuid 50 8096 RH Oldebroek The Netherlands 124

of ‘vent, tent, cent’.

mkbkredietcoach.nl info@mkbkredietcoach.nl

Moneyou

Moneyou, clever to do BANKING SERVICES // PAYMENTS // SAVINGS

KEY PERSONS

Liesbeth Rigter CEO Bas Boelhouwers CCO Theo van Bon COO Robert de Vos CFO Menno van Leeuwen Business Development

COMPANY DESCRIPTION

FOUNDED

Amsterdam, 2001

Moneyou is the international digital

TEAM SIZE

250

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany Belgium Austria

CUSTOMERS

Consumers

retail brand of ABN AMRO Bank N.V. Moneyou offers services that are hassle-free, transparent and easy to use.

PRODUCT DESCRIPTION Moneyou serves more than 500.000 consumers with savings, mortgages, consumer lending and invest products. With

ACHIEVEMENTS Identity & Access Management Award for Moneyou Go Launch of Tikkie DE and Moneyou Ratenkredit

Moneyou Go an API enabled platform with payment functionality has been added.

‘‘

We enable people to handle their own financial needs with confidence

‘‘

and independency. Moneyou Go gives you overview to save smart and spend wisely. Adjustable to your life.

Science Park 404 1098 XH Amsterdam The Netherlands

moneyou.nl

menno.vanleeuwen@moneyou.nl 125

MonIdee

Your B2b Fintech Partner In Participation Solutions ALTERNATIVE FINANCE // INNOVATION SERVICES // SOFTWARE DEVELOPMENT

KEY PERSONS

Hans van Tol Co-Founder Mathieu Isliker Co-Founder Reinier Steen Finance & Accounting Pim van den Boom Head of Operations

FOUNDED

Amsterdam, 1999

COMPANY DESCRIPTION

TEAM SIZE

16

MonIdee offers innovative solutions

MARKET

Europe Africa

for a large scale of creative

PRIMARY COUNTRIES

Benelux Germany Scandinavia

CUSTOMERS

SME‘s Corporates Investors

concepts, based upon our flexible online platform. Acting in a very creative way, new initiatives appear continuously.

ACHIEVEMENTS MonIdee provides an awardwinning platform for managing equity/cash plan solutions, insidertrading and private exchanges to a wide range of customers.

‘‘

Nomination ‘Dutch Fintech Awards 2017‘ Most Innovative and Creative Plan Design: ForFarmers Best Plan Effectiveness: Royal Ahold Best Plan Effectiveness: Celtel International Best Plan Overall Judges‘ Award: Celtel International

‘‘

PRODUCT DESCRIPTION

Administer, control and execute different types of financial products, spurring innovation, and enabling to make new products tradable.

Claude Debussylaan 239-241 1082 MC Amsterdam The Netherlands 126

monidee.com

info@monidee.com

MyCardWallet A Fan Base Builders Company IDENTITY SERVICES // INSURANCE // PAYMENTS

COMPANY DESCRIPTION We don’t believe in offices, we build on idea’s, learn from our mistakes and help you solve your personal roadblocks. The team is in you.

PRODUCT DESCRIPTION Digital payment (pre-, after pay, “tikkie” enabled) cards with

KEY PERSONS

Fred Diepeveen CEO Barry Jobsis Technology Specialist Freek Diepeveen Innovation and Business Manager

FOUNDED

Amstelveen, 1995

TEAM SIZE

10

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium Luxembourg

CUSTOMERS

SME‘s Corporates Startups

ACHIEVEMENTS Finals Innovation Awards CoC (KvK) 2017

integrated loyalty/reward system.

White or brand labelled.

‘‘

‘‘

Cost reduction transactions, full mobile solution without banking app and preferred supplier POS. Mobile only. Fan base building for a brand.

De Grote Wielen 31 1187 LJ Amstelveen The Netherlands

mycardwallet.eu fred@mycardwallet.nl 127

MyMoneymanager

MyMoneymanager will be YourMoneymanager CONSULTANCY // INNOVATION SERVICES // PERSONAL FINANCE

MyMoneymanager

COMPANY DESCRIPTION

KEY PERSONS

Adri Odding Founder

FOUNDED

Huis ter Heide, 2017

TEAM SIZE

1

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany Belgium

CUSTOMERS

Consumers Corporates

Helping the (business) customer managing the challenge of future money management issues.

ACHIEVEMENTS Starting a company as MyMoneymanager

PRODUCT DESCRIPTION Consultancy and development of applications for consumers and business for overall money management.

‘‘

‘‘

Financial services will be for the (business) customer only. Easy to use and helping out in any financial situation for support and action.

Prins Alexanderweg 82 3712 AC Huis ter Heide The Netherlands 128

my-moneymanager.com adri.odding@online.nl

NEOS Direct Lending Take the Next Step!

ALTERNATIVE FINANCE // LENDING

KEY PERSONS

Qurijn Haak Founder & CEO

FOUNDED

Rotterdam, 2012

TEAM SIZE

13

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany Austria

CUSTOMERS

SME‘s Corporates Investors Financial Institutions

COMPANY DESCRIPTION We are a dedicated and professional group of people. We value efficiency, transparency and open and direct communication. this with a pleasant and friendly environment.

PRODUCT DESCRIPTION We provide flexible financing solutions to established and promising businesses in Europe.

By blending technology, expertise and human interaction.

ACHIEVEMENTS We are proud that through our services 130 borrowers have been able to take the next step with their business

‘‘

With comprehensive and integrated solutions we are able to offer

our clients flexible and tailored

financing solutions. We offer them

‘‘

We are ambitious and combine

convenience and peace of mind

regarding financing their business.

Hofplein 20 3032 AC Rotterdam The Netherlands

neosdirect.com info@neosdirect.com 129

New10 De nieuwe norm in zakelijk lenen LENDING

KEY PERSONS

Patrick Pfaff Initiator of New10 Mark Schröder Co-founder & CCO Joost Brouwer Co-founder & CPO Jaap Boersma Co-founder & CTO

FOUNDED

Amsterdam, 2017

TEAM SIZE

30

COMPANY DESCRIPTION

MARKET

Europe

At New10, we are using cutting

CUSTOMERS

SME‘s

edge concepts, such as serverless architecture and Micro-Frontends and Cloud-based technologies, such as Amazon AWS and Microsoft Azure.

PRODUCT DESCRIPTION New10 is a fully digital SME lender.

Entrepreneurs know within 15 minutes if they can lend. Clear.

Simple. Fast.

ACHIEVEMENTS Dutch Interactive Awards nominee for B2B commerce and disrupter SAN awards nominee

‘‘

New10 combines the best of two

worlds: the expertise and attractive interest rates of ABN AMRO bank

‘‘

infrastructure, event driven

and the agility and speed of a start up.

Mr. Treublaan 7 1097 DP Amsterdam The Netherlands 130

new10.com ser vice@new10.com

Newgen Payments

Global Payments, Fraud Prevention & E-Commerce Optimization DATA AND ANALYTICS // PAYMENTS // SOFTWARE DEVELOPMENT

COMPANY DESCRIPTION A flat organisation without

KEY PERSONS

Sunil Jhamb CEO & Founder Jan Manten Investor

FOUNDED

Amsterdam, 2015

TEAM SIZE

14

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium United Kingdom

CUSTOMERS

SME‘s Corporates Financial Institutions

hierarchy, where everyone is encouraged to be creative in their work. An energetic environment inspiring individuals to develop innovative and unique solutions in solving real problems.

PRODUCT DESCRIPTION Newgen provides unique managed solutions for online payments,

ACHIEVEMENTS Build the company with Freshers and Interns

‘‘

Newgen uses a non-deterministic mathematical model to rank all the applicable acquirers for the

E-Commerce optimization and

given transaction using a slew

fraud prevention to merchants,

of information in maximizing

online retailers.

Eva Besnyostraat 35 1087KR Amsterdam The Netherlands

‘‘

financial institutions, and

conversions and powering

merchants in making decisions.

newgenpayments.com info@newgenpayments.com 131

NIBC Bank Think Yes BANKING SERVICES // LENDING

COMPANY DESCRIPTION

KEY PERSONS

Paulus de Wilt CEO Herman Dijkhuizen CFO Reinout van Riel CRO

FOUNDED

The Hague, 1945

TEAM SIZE

667

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany United Kingdom

CUSTOMERS

Consumers Corporates

NIBC is the bank of choice for our corporate and retail clients’ decisive financial moments.

ACHIEVEMENTS

PRODUCT DESCRIPTION Our focus is on mid-market corporates in How many followers

NIBC has partnered, facilitated and invested in FinTechs such as Beequip, Ebury and FinLeap

we have deep-seated knowledge and strong positions. We offer mortgages, brokerage and online savings products to our retail clients.

We offer crystal-clear answers to enterprising companies’

‘‘

‘‘

complex challenges, developing tailor-made solutions that help them

Carnegieplein 4 2517 KJ The Hague The Netherlands 132

develop and grow.

nibc.com info@nibc.com

NPEX Money for Ambition ALTERNATIVE FINANCE // CROWDFUNDING // SECURITIES EXCHANGE

COMPANY DESCRIPTION

KEY PERSONS

Adriaan Hendrikse Director Alan van Griethuysen Director Aad de Winter Director Listing Stephan Roes Director Sales Pépé Peters Manager Operations

FOUNDED

The Hague, 2009

TEAM SIZE

15

A small organisation with

MARKET

Europe

departments like New Business,

PRIMARY COUNTRIES

The Netherlands

Listing, Operations, IT, Legal/ Compliance and (social) Marketing.

CUSTOMERS

All working hard to make NPEX

SME‘s Financial Institutions Investors

a success.

ACHIEVEMENTS Every time we successfully issue shares/bonds for a company

PRODUCT DESCRIPTION SMEs can finance growth by issuing tradable bonds or shares

In March 2018 we received our MTF licence

on our platform to private and institutional investors.

‘‘

NPEX is in direct contact with SMEs and investors, involving less

‘‘

intermediaries and giving Dutch SME’s the possibility to issue bonds

Saturnusstraat 60, unit 75 2516 AH The Hague The Netherlands

and shares.

npex.nl info@npex.nl 133

NuvaLaw

Transforming Legal Ecosystems INSURANCE // LEGAL SERVICES // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION NuvaLaw combines all the energy

KEY PERSONS

Willie Pienaar Chief Executive Hendrik Kotze Director Maruis Conradie Director Stewart McCulloch MD UK Bronwen Kausch Comms and Marketing

FOUNDED

Cape Town, 2016

TEAM SIZE

7

MARKET

Europe Africa

PRIMARY COUNTRIES

United Kingdom South Africa The Netherlands

CUSTOMERS

Corporates Financial Institutions

and innovation of LegalTech with the experience of the traditional law and ICT sectors. The result is a solution that addresses tomorrow’s challenges today.

PRODUCT DESCRIPTION NuvaLaw designs and implements digital platforms, revolutionising the way the legal information

ACHIEVEMENTS NuvaLaw is listed as one of DIA‘s Top 100 Global Insurtechs and is a Startupbootcamp London 2017 Alumnus

exchange is managed and how disputes are settled

‘‘

NuvaLaw is re-imagining the provision of legal services to unlock the

‘‘

potential of the digital economy. Collaboration allows us to tap into the

Bargelaan 26 2333 CT Leiden The Netherlands 134

true power of business ecosystems.

nuvalaw.com bronwen@nuvalaw.com

Ohpen

IT. JUST. WORKS. 100% reliable, 100% adaptable, 100% compliant BANKING PLATFORM SOLUTION // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION Exceed Expectations. Do More with less. Give it all. Our people are the fabric of our service. Passionate leaders in their fields: experienced

KEY PERSONS

Chris Zadeh Founder & CEO Matthijs Aler COO / CFO Angelique Schouten CXO / CCO Pieter Aartsen CEO NL

FOUNDED

Amsterdam, 2008

TEAM SIZE

150

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands, United Kingdom Spain

CUSTOMERS

Corporates Financial Institutions Investors

bankers, expert software engineers, seasoned compliance specialists.

ACHIEVEMENTS PRODUCT DESCRIPTION A ruthlessly effective cloud-based core-banking engine. Built for one purpose only: the efficient administration of retail investment

World’s first 100% API & cloudbased-core-banking company €40.000.000 funding in 2017/2018 Serving top tier companies like Robeco, Aegon & Volksbank

and savings accounts.

‘‘

Ohpen liberates banks, asset-managers, and insurance companies from

‘‘

their legacy systems and processes. Free from the constraints of on-

premises legacy core banking systems, just plugging into a cloud-based administration factory.

Rokin 111 1012 KN Amsterdam The Netherlands

ohpen.com

info@ohpen.com 135

Olympus Advisory Services Strategy consulting bureau for the financial services sector, with a focus on fintech CONSULTANCY // EDUCATION // FINANCIAL ADVISORY

KEY PERSONS

Jeroen de Bel Founder

FOUNDED

Amsterdam, 2017

TEAM SIZE

2

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

COMPANY DESCRIPTION

Financial Institutions Investors Startups

Professional organization focussed on expertise and quality work.

Dedicated to deliver the best results to our clients, helping to drive new insights and solve client’s challenges in a structured way.

ACHIEVEMENTS Initiator of The Fintech Sessions, providing a platform for knowledge sharing amongst professionals in financial services

PRODUCT DESCRIPTION Olympus Advisory Services is an expert consulting bureau for the financial services sector, with a focus on fintech.

‘‘

With our expertise on both existing financial systems and new innovative

‘‘

solutions, combined with an open mind to innovation, we are helping to bridge the gap between incumbents and startups.

Gustav Mahlerplein 2 1082 MA Amsterdam The Netherlands 136

olympusadvisor y.nl info@olympusadvisor y.nl

Omniplan

Delivering Personal Finance CONSULTANCY // PERSONAL FINANCE // SOFTWARE DEVELOPMENT

KEY PERSONS

Dick Verhaar Founder and CEO Marcel Nijland Director Strategy & Business Development Tom Ehren Director Development

COMPANY DESCRIPTION

FOUNDED

Purmerend, 1995

Omniplan consists of 35+

TEAM SIZE

35

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Corporates Financial Institutions Startups

professionals in the field of business consultancy, (software) development, design and management, with a strong financial background and an eye for our clients’ clients.

PRODUCT DESCRIPTION The Personal Finance Platform (SaaS) unlocks the complexity of financial insight and hybrid advice

ACHIEVEMENTS Strong footprint in the Dutch market in the domain of Personal Finance, financial insight and advice

through easy-to-use (calculation) services and financial planning.

‘‘

We enable financial institutions to stimulate their customers to set up

‘‘

and maintain their financial future. Technology offers more opportunities than ever to make this more convenient, efficient and even fun.

Piet Heinkade 133-135 1019 GM Amsterdam The Netherlands

omniplan.nl welkom@omniplan.nl 137

Onegini

The best CIAM platform in Banking and Insurance IDENTITY SERVICES // INSURANCE // SECURITY

KEY PERSONS

Jeroen Starrenburg Founder & CEO Denis Joannides Founder & CTO Stein Welberg VP Engineering

FOUNDED

Woerden, 2011

TEAM SIZE

45

MARKET

Europe Asia Middle East Australia

PRIMARY COUNTRIES

The Netherlands Belgium Germany

CUSTOMERS

SME‘s Corporates Financial Institutions

COMPANY DESCRIPTION At Onegini, a talented team of inspired young people work in an international environment, further developing the platform Onegini Connect, making the world more safe and secure.

PRODUCT DESCRIPTION Onegini Connect allows to connect, manage, and engage with your customers while providing top-

ACHIEVEMENTS Serving over 200 companies, 45 million users and securing over a billion transactions in just 6 years of existence

notch security and a great mobile experience.

‘‘

Modern customers want to be connected, informed, and self-reliant.

‘‘

Onegini transformed more than 100 financials into a digital player, getting customers online and engaged with an increased NPS.

Pompmolenlaan 9 3447 GK Woerden The Netherlands 138

onegini.com info@onegini.com

OneLinQ bv OneLinQ, One Process, One Channel. For Payments, Collections and Cash Management BANKING PLATFORM SOLUTION // PAYMENTS // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION We are an international organisation with a strong customer focus. Our main goal is to simplify B2B payments worldwide.

PRODUCT DESCRIPTION OneLinQ provides a comprehensive range of payments solutions including a global Payment Hub,

KEY PERSONS

Parth Desai CEO and Founder Jaap Blom General Manager Paul Hagens Commercial Director Garmt Elings Head of Product Management

FOUNDED

Utrecht, 2015

TEAM SIZE

200

MARKET

Europe North America

PRIMARY COUNTRIES

United States United Kingdom The Netherlands

CUSTOMERS

SME‘s Corporates Financial Institutions

ACHIEVEMENTS Become part of the Pelican group with customers in over 55 countries, processing more than one billion transactions yearly

Collection Hub, Cash Management and API Platform.

‘‘

Our Payment Hub is a cloud platform for all incoming and outgoing

‘‘

payments. The single platform consolidates connections to all of your banking partners, providing a single payment management process.

Euclideslaan 1 3584 BL Utrecht The Netherlands

onelinq.com info@onelinq.com 139

Onguard

Redefining order to cash CREDIT SCORING // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION An international environment where we challenge ourselves to

KEY PERSONS

Bert van der Zwan CEO Raymon van Viegen CFO Marieke Saeij CTO Martin de Heus VP Direct Sales Floor Stam-Lammers VP Marketing

FOUNDED

Nederhorst den Berg, 1993

TEAM SIZE

140

MARKET

Europe Middle East North America Australia

PRIMARY COUNTRIES

The Netherlands Belgium United Kingdom

CUSTOMERS

SME‘s Corporates

give our best every day, to realize the ambitions of our customers and therefore ours.

PRODUCT DESCRIPTION Integrated innovative software solutions in cash allocation, dunning and collections as part of the O2C chain.

‘‘

ACHIEVEMENTS Microsoft Gold Certified Partner, merger with Credit Tools since December 2016, FinTech Report 2018, 20% grotwh a year

Intelligent software tools in O2C that can seamlessly be interconnected

‘‘

and together offer an overview and control of the payment process, as well as contribute to a sustainable customer relationship.

Karspeldreef 8 1101 CJ Amsterdam The Netherlands 140

onguard.com contact@onguard.com

Open Bank Project

An open source API and App store for banks BANKING PLATFORM SOLUTION // BANKING SERVICES // COMPLIANCY SERVICES

COMPANY DESCRIPTION We’re a an agile, international and

KEY PERSONS

Simon Redfern CEO Ismail Chaib COO

FOUNDED

Berlin, 2010

TEAM SIZE

8

MARKET

Global

PRIMARY COUNTRIES

United Kingdom France Germany

CUSTOMERS

Consumers Financial Institutions Startups

funky team based in Germany. We strive to make banks around the world more open and collaborative working in the industry changing Open Bank Project.

ACHIEVEMENTS Largest fintech community working on APIs with over 8,000 developers worldwide

PRODUCT DESCRIPTION

platform which provides PSD2 compliance out-of-the-box and help financial institutions deploys more APIs and work with 3rdparties partners faster.

‘‘

We assist banks in executing

effective API strategies by providing a proven API and account

aggregation platform supported by

‘‘

We offer banks an Open Banking

an active community of developers and partners.

Osloer Straße 16/17 13359 Berlin Germany

openbankproject.com contact@openbankproject.com 141

Orange Clover The lawfirm for fintech companies and investors COMPLIANCY SERVICES // LEGAL SERVICES

COMPANY DESCRIPTION

KEY PERSONS

Alex Gonzalez Partner Regulatory Mark Loefs Partner Corporate Marcel van den Nieuwenhuijzen Partner Notarial Services Kees Hooft Partner Finance

FOUNDED

Amsterdam, 2014

TEAM SIZE

25

We strive to provide the best legal

MARKET

Europe

and regulatory services to our

PRIMARY COUNTRIES

The Netherlands

clients through personal attention and buiding genuine relationships

CUSTOMERS

but without overlawyering and

SME‘s Corporates Financial Institutions

excessive leverage.

PRODUCT DESCRIPTION We provide legal and regulatory services to fintech companies.

‘‘

ACHIEVEMENTS Moving into our new offices in the centre of Amsterdam.

Feel free to stop by for a cup of coffee!

We offer the personal attention of very experienced legal professionals

‘‘

with deep industry knowledge. We are pragmatic, hands on and can offer

Vondelstraat 13 1054 GC Amsterdam The Netherlands 142

competitive fee arrangements.

orangecloverlaw.com a.gonzalez@orangecloverlaw.com

Orchard Finance Enable treasurers to maximize value by combining treasury knowledge with technology CONSULTANCY // FINANCIAL ADVISORY // TECHNOLOGY SOLUTIONS

KEY PERSONS

Nicolai Knop Partner Finance Peter Paul de Galan Partner Staffing Esther Goemans Partner Treasury Ariane Hoksbergen Senior Manager Treasury Technology Derek Venneman Analyst Treasury

FOUNDED

Hilversum, 2003

TEAM SIZE

32

MARKET

Europe

PRIMARY COUNTRIES

Belgium The Netherlands Luxembourg Scandinavia

CUSTOMERS

SME‘s Corporates Startups

COMPANY DESCRIPTION Orchard Finance has a no-nonsense culture where the delivery of outstanding services to its clients is key. Bright, eager and self starting people take responsibility and work directly with corporates.

PRODUCT DESCRIPTION Orchard Finance offers consultancy services, project management and interim management for treasury departments within corporations and large institutions.

‘‘

ACHIEVEMENTS Over 80% of our corporate clients are recurring clients over time. We highly value the long term relationship and trust

In cooperation with its clients, Orchard Finance delivers customized

‘‘

solutions that add long term value to treasurers by combining

treasury knowledge with deep understanding of new technologies and solution providers.

Planetenbaan 28 3606 AK Maarssen The Netherlands

orchardfinance.com info@orchardfinance.com 143

Ortec Finance B.V. CONSULTANCY // DATA AND ANALYTICS // INNOVATION SERVICES

COMPANY DESCRIPTION

KEY PERSONS

Martijn Vos Managing Director

FOUNDED

Rotterdam, 1981

TEAM SIZE

200

MARKET

Europe Asia North America

CUSTOMERS

Corporates Financial Institutions Investors

Ortec Finance provides consultancy services and decision support models, based on proven

clients further ensure a smooth

methodologies yet adapted to

and practical application of our

specific needs. Ortec Finance

advanced decision support

designs, builds, and applies

technology. Our mission is to

solutions for (dynamic) asset-

enable our clients to manage the

liability management, asset

complexity of investment

allocation, ex-ante and ex-post

decision making.

risk management, performance measurement & attribution, and

PRODUCT DESCRIPTION

financial planning. A long-lasting

Ortec Finance seeks to improve

collaboration with the academic

investment decision making

community guarantees that our

by using quantitative models.

well-founded in scientific research, while extensive investments in understanding the needs of our

Boompjes 40 3011 XB Rotterdam The Netherlands 144

‘‘

Our technology supports our

‘‘

methodology continues to be

clients to maximize returns and limit risks.

ortec-finance.com info@ortec-finance.com

Ostrica B.V.

85% of the upside, 50% of the downside ASSET MANAGEMENT // PERSONAL FINANCE // RISK MANAGEMENT

KEY PERSONS

Hans Nibbering Founder and Chief Investment Officer Maarten Zant Founder and Director Alexander Werkheim Director Wealth Solutions

FOUNDED

Amsterdam, 1997

TEAM SIZE

30

COMPANY DESCRIPTION

MARKET

Europe

An entrepreneurial setting with

PRIMARY COUNTRIES

The Netherlands Switzerland United Kingdom

CUSTOMERS

Consumers Financial Institutions Investors

focus on improving what we do every day to ensure the comfort needed by our customers so they can achieve their goals and ambitions.

ACHIEVEMENTS

PRODUCT DESCRIPTION

A solid track record of 20 years, proving our investment model in calm and turbulent markets

At least 50% protection during down markets while still profiting from at least 85% of the return in up markets.

‘‘

A new risk/reward paradigm, based on an proven, quantitative Investment

‘‘

philosophy using big data models & algorithms and unique cutting edge

Prof. J.H. Bavincklaan 2 1183 AT Amstelveen The Netherlands

risk management tooling

ostrica.nl info@ostrica.nl 145

Partner Hub LTD.

Globally interoperable e-invoicing platform for banks BANKING PLATFORM SOLUTION // FINANCIAL INTERMEDIARY // SOFTWARE DEVELOPMENT

COMPANY DESCRIPTION

KEY PERSONS

Péter Malaczkó CEO Katalin Kauzli Business Development János Toberling CTO

FOUNDED

Budapest, 2015

TEAM SIZE

12

MARKET

Europe

PRIMARY COUNTRIES

Hungary The Netherlands United Kingdom

CUSTOMERS

SME‘s Corporates Financial Institutions

Small company with highly dedicated and professional employees.

PRODUCT DESCRIPTION Charlie-India is a globally interoperable e-invoicing solution for banks.

ACHIEVEMENTS We became the back -end system of OTP Bank’s (banking group with CEE coverage) e-invoicing service for SMEs

‘‘

‘‘

Charlie-India integrates e-invoicing into bank’s payment services.

Szekszárdi utca 16-18.

1138 Budapest Hungary 146

charlie-india.com katalin.kauzli@partnerhub.hu

Pay It Forward Better world? ‘The internet enables us to work together in a way never seen before’ CROWDFUNDING

KEY PERSONS

Harmen van Doorn Dmitry Bubon

FOUNDED

Amsterdam, 2009

TEAM SIZE

4

MARKET

Global

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

COMPANY DESCRIPTION Pay It Forward: do good together.

Consumers Corporates Financial Institutions

It is a real pleasure to build and expand our crowdfunding platform www.pifworld.com - every day.

ACHIEVEMENTS We love what we do. We keep on growing and we still make time for all our clients.

PRODUCT DESCRIPTION www.pifworld.com connects people to nonprofits - so we can create a better world together.

‘‘

‘‘

The world is confronted with challenges such as climate change. At the

same time the internet enables us to work together in a way never seen.

Veemarkt 183 1019 CG Amsterdam The Netherlands

pif world.com info@pif world.com 147

PaymentCounsel

I manage your Risk, while you achieve your Goals COMPLIANCY SERVICES // CONSULTANCY // LEGAL SERVICES

PAYMENTCOUNSEL

COMPANY DESCRIPTION Open and close relationships with

KEY PERSONS

Nadja van der Veer Co-Founder and MD Morgan Andrews Co-Founder

FOUNDED

Amsterdam, 2015

TEAM SIZE

2

MARKET

Europe Asia North America

CUSTOMERS

Corporates Financial Institutions Startups

clients; acting as remote in-house counsels, easy to reach and quick to respond.

PRODUCT DESCRIPTION Provide strategic advice on contract matters, business acceptance

ACHIEVEMENTS Runner Up Legal Upcoming Talent of the Year 2015 Executive Board Member European Women Payments Network Speaker & Writer at

www.paymentsguru.eu

and roll-out into markets or new products. Conduct process assessments and improvements.

‘‘

The payments industry is faced with many regulatory changes. With

‘‘

my in-house experience I have a can-do attitude and commercial and

pragmatic approach at rules and regulations, contributing to business.

Veemkade 296 1019 HD Amsterdam The Netherlands 148

paymentcounsel.com nadja@paymentcounsel.com

Payvision Connect and Grow!

PAYMENTS

KEY PERSONS

Rudolf Booker CEO Gijs op de Weegh COO Cheng Liem Li CCO

FOUNDED

Amsterdam, 2002

TEAM SIZE

200

MARKET

Europe Asia North America

PRIMARY COUNTRIES

The Netherlands United Kingdom Germany

CUSTOMERS

SME‘s Corporates Financial Institutions

COMPANY DESCRIPTION

experts with young, bold mindset, committed to supporting their partners to maximize revenues through innovation and excellent customer service. Passionate about FinTech, payments and ecommerce.

PRODUCT DESCRIPTION Payvision focuses on maximizing the revenues of merchants around the globe through a complete, data-driven omnichannel payment solution.

ACHIEVEMENTS Industry recognition through Best Acquirer & Best PSP at the MPE Awards for its datadriven omnichannel solution

‘‘

Payvision is transforming payments through the use of data science and AI. This enables us to offer

seamless payment experiences

‘‘

Inside Payvision: diverse teams of

for consumers with the highest conversion rate for merchants.

Molenpad 2 1016 GM Amsterdam The Netherlands

payvision.com a.geosanu@payvision.com 149

PGGM

Towards a valuable future FINANCIAL ADVISORY // PENSIONS // RISK MANAGEMENT

KEY PERSONS

Edwin Velzel CEO Eloy Lindeijer CIM Alexandra Phillippi COO Paul Boomkamp CFRO Jeroen de Munnik CIB

FOUNDED

Zeist, 1975

TEAM SIZE

1,322

We are an organization where we

MARKET

Europe

work with money, but where we

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Consumers

COMPANY DESCRIPTION

care about people. Our colleagues are committed to helping our customers providing their members with a valuable pension.

ACHIEVEMENTS Nominated for the NRC Live Fintech Impact Award 2018

PRODUCT DESCRIPTION Pension service of the future in

Second place at the CustomerFirst awards

combination with providing a customer with his/her financial overview.

‘‘

Developing new ways to carry out pension services and providing

‘‘

customers with new insights on their own financial well being by providing

Noordweg Noord 150 3704 JG Zeist The Netherlands 150

their total financial overview.

pggm.nl woordvoering@pggm.nl

Privacy Valley B.V. Business Solutions for Privacy Matters COMPLIANCY SERVICES // LEGAL SERVICES // SOFTWARE DEVELOPMENT

COMPANY DESCRIPTION RegTech startup located on Amsterdam’s most beautiful canal that offers a unique mix of privacy and commercial work.

PRODUCT DESCRIPTION

KEY PERSONS

Helena Verhagen Co-Founder Gert Jan Kroese Co-Founder

FOUNDED

Amsterdam, 2015

TEAM SIZE

7

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium

CUSTOMERS

SME‘s Corporates Financial Institutions

ACHIEVEMENTS Near triple digit growth in revenue and customers achieved in year 3

The Accelerator Toolkit helps you to assess and test GDPR requirements for your organization in order to achieve compliance.

‘‘

The privacy landscape is changing quickly. Privacy laws are stricter,

‘‘

regulators more active and customers demand data protection.

The Accelerator helps you to be in control and prove it.

Keizersgracht 630 1017 ER Amsterdam The Netherlands

privacyvalley.com info@privacyvalley.com 151

Protiviti

Face the Future with Confidence CONSULTANCY // RISK MANAGEMENT // TECHNOLOGY SOLUTIONS

KEY PERSONS

Jonathan Wyatt Global Head of Digital Anneke Wieling Country Managing Director Jaap Gerkes Managing Director Financial Services Owen Strijland Director Fintech Michiel Kos Manager Fintech

to integrate with your agility to

FOUNDED

California, 2002

innovate business, protect and

TEAM SIZE

4,500

MARKET

Global

CUSTOMERS

Corporates Financial Institutions Startups

COMPANY DESCRIPTION Our consultants truly know how

enhance value by identifying, anticipating and solving critical growth, risk and governance challenges.

ACHIEVEMENTS PRODUCT DESCRIPTION

The establishment of the Protiviti Fintech Governance & Risk Incubator is our innovative answer to flexible consulting services for Fintech.

Fintech requires agile consulting in Business, Risk, Governance, Control and Regulation. Protiviti empowers Fintech to use these activities for growth.

‘‘

We successfully guide clients to manage risks and maintain governance

‘‘

while exploring the new and the established world of Fintech and

Financial Services. Fintech pushes boundaries, Protiviti governs the success!

Gustav Mahlerlaan 32 SOM 1 Building, Floor M 1082 MC Amsterdam The Netherlands 152

protiviti.com

contact@protiviti.nl

Qbit

Cyber Security TECHNOLOGY SOLUTIONS // RISK MANAGEMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION

KEY PERSONS

Erik Rutkens CEO & Founder Jasper de Vries CRO Eltjo Drent CFO Tim Sluis CTO Robert Gebhardt Sales Manager

FOUNDED

Groningen, 2009

We employ the smartest and best

TEAM SIZE

60

people, focusing on collaboration,

MARKET

Europe

sharing knowledge, training,

PRIMARY COUNTRIES

The Netherlands Belgium Luxembourg

CUSTOMERS

SME‘s Corporates Financial Institutions

craftsmanship and especially having fun in your work.

PRODUCT DESCRIPTION Information security, ethical hacking.

ACHIEVEMENTS Yoda: Pilot intervention for young cybercriminals Power grid vulnerable to solar panel breaches

‘‘

Qbit makes the complex, fast-changing security world intuitive, accessible

‘‘

and understandable and gives people and organizations the control over

Diakenhuisweg 37 2033 AP Haarlem The Netherlands

their security.

qbit.nl info@qbit.nl 153

Rabo Frontier Ventures Your strategic growth partner

VENTURE CAPITAL // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION

KEY PERSONS

Harrie Vollaard CEO Martijn Scholtes CFO Jeroen van Doornik Investment Director

FOUNDED

Utrecht, 2017

TEAM SIZE

5

MARKET

Europe

CUSTOMERS

Financial Institutions Investors Startups

We are at the edge of new technologies and have a view into the future. Its also highly stimulating and challenging to help passionate entrepreneurs build great companies.

ACHIEVEMENTS In less than a year we already invested in 7 promising companies!

PRODUCT DESCRIPTION Rabo Frontier Ventures (RFV) is a strategic fund that invests in promising Fintech and Food and Agri ventures.

‘‘

‘‘

Working side- by- side with innovative ventures RFV is able to transform the Financial and Food & Agri industry and build sustainable and future

Croeselaan 18 3521 CB Utrecht The Netherlands 154

proof business models.

rabofrontier ventures.nl info@rabofrontier ventures.nl

Reazon

Credit Management Innovation INNOVATION SERVICES // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

KEY PERSONS

Michael Brouwer CEO Tonnie Willems CIO Marina Spaans Marketing & Business Manager Paul Verhoeven Software Architect

FOUNDED

Nijmegen, 2017

TEAM SIZE

5

MARKET

Europe

financial markets, Reazon is here

PRIMARY COUNTRIES

The Netherlands

to revolutionise credit

CUSTOMERS

COMPANY DESCRIPTION Aligning with the evolution of

management for a faster, smarter

Consumers Corporates Financial Institutions

and customer-focused service.

PRODUCT DESCRIPTION Reazon’s SaaS solution offers a wide range of services based on smart APIs, bringing a high

ACHIEVEMENTS Partnership with Buckaroo Innovation participant Accenture Innovation Awards 2018

flexibility to customers.

‘‘

‘‘

The platform provides full control of the entire chain, from invoice creation

Keizer Karelplein 32A 6511 NH Nijmegen The Netherlands

to eventual judicial disputes.

reazon.nl info@reazon.nl 155

RedSnap Let’s get it done

BANKING SERVICES // CONSULTANCY // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION

KEY PERSONS

Brian van Wachem Ernst Roelofs

FOUNDED

Amsterdam, 2016

TEAM SIZE

5

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Financial Institutions Startups

RedSnap is an expert digital sales and marketing company. We combine deep technology and financial sector knowledge with hands-on experience in sales and marketing.

ACHIEVEMENTS We are proud to work with a selection the coolest FinTech companies in the world like Fidor, ClickFox, AcceptEasy, Bankifi

PRODUCT DESCRIPTION RedSnap creates, grows, and guides next generation technology game changers that sell into Financial Services.

‘‘

‘‘

Redsnap industrialized the way tech companies can engage with their customers in the financial services sector.

Zwarteweg 10 1412 GD Naarden The Netherlands 156

redsnap.nl go.faster@redsnap.nl

Robeco

The Investment Engineers ASSET MANAGEMENT

KEY PERSONS

Gilbert Van Hassel CEO Roland Toppen CFO Peter Ferket Head of Investments Karin Van Baardwijk COO

FOUNDED

Rotterdam, 1929

TEAM SIZE

877

COMPANY DESCRIPTION

MARKET

Global

Research is at our core since our

PRIMARY COUNTRIES

The Netherlands Hong Kong Germany

CUSTOMERS

Consumers Corporates Financial Institutions

first director said “every investment strategy should be research-driven”.

Through integrating Fundamental, Sustainable and Quantitative research, we can offer our clients ground-breaking strategies.

PRODUCT DESCRIPTION Robeco is an international asset

ACHIEVEMENTS Recent launch of the Robeco FinTech Equity Fund as one of the first asset managers that invests Fintech companies

manager offering an extensive range of active investments, from equities to bonds.

‘‘

Robeco believes in sustainability investing, quantitative techniques and

‘‘

constant innovation. To achieve this in asset management, caution is

necessary. The key to combining both these elements is rigorous research.

Weena 850 3014 DA Rotterdam The Netherlands

robeco.com

assetmanagement@robeco.nl 157

Salesforce Empowers companies to connect with their customers in a whole new way BANKING PLATFORM SOLUTION // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

COMPANY DESCRIPTION Life at Salesforce centers around

KEY PERSONS

Marc Benioff Chairman and CEO Parker Harris Co-Founder Keith Block Vice Chairman President and COO

FOUNDED

San Francisco, 1999

TEAM SIZE

30,000

MARKET

Global

PRIMARY COUNTRIES

United Kingdom France Germany The Netherland

CUSTOMERS

Corporates Financial Institutions Startups

our Core values: Trust, Growth, Innovation, Equality, Customer Success, Transparency, Giving Back, Wellbeing, and Fun.

ACHIEVEMENTS

PRODUCT DESCRIPTION Salesforce is the world’s #1 customer relationship management

Salesforce came in 4th as Great Place to Work in the Netherlands 2018!

(CRM) platform.

‘‘

The Financial Services Cloud and its asset management software

‘‘

centralizes all of your client data, so your client relationships are more

Gustav Mahlerlaan 2970 1081 LA Amsterdam The Nederlands 158

visible and organized.

salesforce.com

Saxo Payments Banking Circle The network for global commerce BANKING SERVICES // LENDING // PAYMENTS

COMPANY DESCRIPTION Banking Circle is an exciting environment, where everyone

KEY PERSONS

Anders la Cour Co-founder and CEO Laust Bertelsen CEO

FOUNDED

London, 2013

TEAM SIZE

87

MARKET

Europe Asia

PRIMARY COUNTRIES

United Kingdom Denmark

CUSTOMERS

Corporates Financial Institutions Startups

is dedicated to creating and delivering innovative, unique solutions to meet the changing banking and payments needs of

ACHIEVEMENTS Multiple high-profile award wins

businesses around the world.

Launch of ground-breaking research papers

PRODUCT DESCRIPTION

Speaking slots at industry leading events

Financial Utility providing banks

Unique new product launches

and financial tech businesses with efficient lower-cost local and cross border banking solutions.

‘‘

Banking Circle is breaking down barriers to international trade, allowing

‘‘

businesses of all sizes to transact across borders without the high cost and slow transfer times of traditional correspondent banking.

125 Old Broad Street EC2N 1AR London United Kingdom

bankingcircle.com info@bankingcircle.com 159

Sia Partners

A unique management consulting firm and a pioneer of consulting 4.0 CONSULTANCY // INNOVATION SERVICES // RISK MANAGEMENT

KEY PERSONS Matthieu Courtecuisse Founder and CEO Paul Geerts Associate Partner Financial Services NL

COMPANY DESCRIPTION Sia Partners’ main objective is to influence the market standards and become the most

FOUNDED

Paris, 1999

TEAM SIZE

1,050

MARKET

Global

PRIMARY COUNTRIES

France United States United Kingdom

CUSTOMERS

Corporates Financial Institutions Startups

innovative consulting firm. We place employee commitment and client responsibility at the heart of our strategy.

PRODUCT DESCRIPTION Sia Partners is an independent management & operational strategy consultancy in financial services, experienced in business transformation, innovation and risk&compliance.

ACHIEVEMENTS #21 by Vault on its Top25 Consulting Europe Launch of our own investment firm Studio in 2017 to accompany start-ups!

‘‘

We support financial institutions

in their transformation to become digital, data driven and agile

market players. New fintechs and

‘‘

scale-ups are supported in their

market entrance and compliance.

Barbara Strozzilaan 101 1083 HN Amsterdam The Netherlands 160

sia-partners.com fsnl@sia-partners.com

Signaturit

Digital Trust Service Provider BLOCKCHAIN SERVICES // IDENTITY SERVICES // TRUST SERVICES

We are a team of motivated and

Juan Zamora CEO Salvador Severich CMBD Javier Martínez CTO

FOUNDED

Barcelona, 2013

TEAM SIZE

45

MARKET

Europe

PRIMARY COUNTRIES

Spain Belgium The Netherlands Luxembourg German Austria Switzerland

CUSTOMERS

SME‘s Corporates Financial Institutions

hard-working professionals that strive to bring the most secure and usable trust services of the market to SMEs and big corporations.

PRODUCT DESCRIPTION Signaturit is a trust service provider.

We offer eSignatures, eDelivery and eID services in compliance with EU law (eIDAS).

‘‘

ACHIEVEMENTS Last finance round in 2017: € 3.4M Signaturit was awarded with the 2nd phase of the Horizon2020 program

‘‘

COMPANY DESCRIPTION

KEY PERSONS

Our solutions contribute to reduce digital fraud. Financial companies can

authenticate the identity of their clients and can ensure the integrity of all their electronic communications.

Johan Huizingalaan 763A 1066 VH Amsterdam The Netherlands

signaturit.com info@signaturit.com 161

Signicat

Trusted Digital Identity IDENTITY SERVICES // SECURITY // TRUST SERVICES

COMPANY DESCRIPTION

KEY PERSONS

Gunnar Nordseth CEO, Co-founder Arne Vidar Haug VP Business Development Co-founder Harald Stendal CTO Marco Gouw Sales Director Benelux

FOUNDED

Trondheim, 2007

TEAM SIZE

95

Signicat is at the forefront of the

MARKET

Europe

digital identity market, having

PRIMARY COUNTRIES

Norway Sweden Denmark

with industry leading solutions.

CUSTOMERS

Corporates Financial Institutions

PRODUCT DESCRIPTION

ACHIEVEMENTS

worked in this space for 10 years

Signicat provides trusted digital identity solutions with our secure on-boarding, customer

Signicat recently secured funding from the EU to develop ID Assurance as a Service for cross-border identity verification

engagement, payments transformation, and regulatory compliance offerings.

‘‘

For financial services companies looking to build trusted digital

relationships with their customers, Signicat offers the only digital

‘‘

identity platform focused on streamlining the on-boarding and ongoing engagement experience.

Zuid Hollandlaan 7 2596 Den Haag The Netherlands 162

signicat.com

info@signicat.com

Sourceful ICT

Sourceful Learn - Innovate - Deliver BANKING PLATFORM SOLUTION // BLOCKCHAIN SERVICES // SOFTWARE DEVELOPMENT

KEY PERSONS

Joanna Zielonka Managing Director Maciej Balasinski Design & Delivery Manager Krystian Strójwas Software Factory Manager Mark Slooff Business Development Executive

COMPANY DESCRIPTION

FOUNDED

Almere, 2017

An open culture where we like to

TEAM SIZE

10

MARKET

Europe Australia

PRIMARY COUNTRIES

Poland The Netherlands Belgium

CUSTOMERS

SME‘s Corporates Financial Institutions

learn from each other. Our culture is based on our 7 corporate rules that we live by, to offer the right customer experience.

PRODUCT DESCRIPTION Sourceful ICT is an international software & services company helping clients with their digital transformation journey for products

ACHIEVEMENTS Delivering our Smart Contracts Platform to clients, in order to make a positive impact for their business

and services.

‘‘

Via our Smart Contracts Platform we are able to help our clients to

‘‘

automate processes, creating efficiency, fraud less and transparent administration. For banks, insurance companies and law firms.

P.J. Oudweg 4 1314 CH Almere Stad The Netherlands

sourceful.nl info@sourceful.nl 163

SPK Search Ltd Ensuring Investors & founders have the best access to the most talented professionals RECRUITMENT

KEY PERSONS

Mark Hill Founder & Director Zena Stevens Senior Consultant

FOUNDED

London, 2014

TEAM SIZE

12

MARKET

Europe North America

COMPANY DESCRIPTION

PRIMARY COUNTRIES

As a boutique search firm, we are

United Kingdom The Netherlandss Germany

CUSTOMERS

Investors Startups

a team of 12 highly experienced international consultants which gives our client’s access to an international network

ACHIEVEMENTS To celebrate our 5th year the SPK team took a daytrip to one of our favourite cities Amsterdam via Eurostar

of professional talent.

PRODUCT DESCRIPTION Executive Search and recruitment services to European based Venture Capital backed early stage and high growth disruptive tech companies.

‘‘

We are here to do one thing: to improve our clients’ businesses by sourcing,

‘‘

the best senior management and C level talent. Professionals who have a

343 Ditchling Road BN1 6JJ Brighton United Kingdom 164

truly transformational effect.

spksearch.com amsterdam@spksearch.com

Spotcap

A better take on business loans ALTERNATIVE FINANCE // LENDING

Spotcap empowers SMEs with tailored finance within one workday, allowing them to focus on what really matters – their business.

PRODUCT DESCRIPTION Spotcap provides fully unsecured business loans and uses technology to make the lending process straightforward and swift. We have developed a unique proprietary lending platform and credit algorithm which offers a fast and superior assessment of the realtime performance of SMEs.

Sarphatikade 14 1017 WV Amsterdam The Netherlands

Niels Turfboer MD UK & NL Jens Woloszczak CEO

FOUNDED

Berlin, 2014

TEAM SIZE

130

MARKET

Europe Australia

PRIMARY COUNTRIES

United Kingdom The Netherlands Australia

CUSTOMERS

SME‘s

ACHIEVEMENTS Spotcap achieved multiple awards within finance and innovation and launched its first strategic partnership with a major European bank.

‘‘

The dynamic environment of

fintech makes it great to work at an innovative and strongly

‘‘

COMPANY DESCRIPTION

KEY PERSONS

clientfocused company like Spotcap, a truly traditional innovator.

spotcap.nl info@spotcap.nl 165

Startupbootcamp FinTech & CyberSecurity We Empower Innovators INNOVATION SERVICES // VENTURE CAPITAL

KEY PERSONS

Patrick de Zeeuw CEO Ruud Hendriks Founder Michael Dooijes MD Elizabeth Kleinveld Partner Lead Wilson Rainho Scouting Eva Bandelj Alumni

FOUNDED

Amsterdam, 2010

TEAM SIZE

50

empower innovators and facilitate

MARKET

Global

corporate startup collaboration.

PRIMARY COUNTRIES

The Netherlands United Kingdom United States

CUSTOMERS

Corporates Financial Institutions Startups

COMPANY DESCRIPTION We educate the “startup way”,

We give back startups 2 years of their life. It’s a pressure cooker facilitating fast growth!

PRODUCT DESCRIPTION We are an innovation programme to scale startups & scale-ups in

ACHIEVEMENTS We are the biggest accelerator in Europe & second largest investor in FinTech globally

FinTech & CyberSecurity.

‘‘

We teach the lean startup methodology to financial institutions (banks,

‘‘

insurers, pension processors, etc.) and enable them to collaborate with relevant startups and scaleups in FinTech & CyberSecurity”.

Johan Huizingalaan 763 a 1066 VH Amsterdam The Netherlands 166

startupbootcamp.org amsterdam@startupbootcamp.org

Suburbia Alternative Data for Everyone ALTERNATIVE FINANCE // CONSULTANCY // DATA AND ANALYTICS

COMPANY DESCRIPTION

KEY PERSONS

Hamza Khan Founder and CEO Feargal Finnegan CTO Bas Monster COO Mitzi László Data Scout Sergei Hoxha Insight Scientist

FOUNDED

Amsterdam, 2017

TEAM SIZE

5

We start fires not start-ups.

MARKET

Europe

Based in Amsterdam and

PRIMARY COUNTRIES

The Netherlands France United Kingdom

CUSTOMERS

Corporates Financial Institutions Investors

open to the world, Suburbia is focused on diversity, inclusivity and empowering our team to accomplish awesome things.

ACHIEVEMENTS

PRODUCT DESCRIPTION We collect, clean and share cool data from new sources to help our clients make better decisions faster.

‘‘

Users in every continent and partnerships with some of the biggest companies in the CAC40, AEX25 and FTSE100

For anyone dissatisfied with slow and out-of-date information, Suburbia

‘‘

gives you fast and detailed data from new sources like the IoT, satellites

Herengracht 504 1017 CB Amsterdam The Netherlands

and app metadata.

suburbia.io info@suburbia.io 167

Synechron

The Leading Digital Consulting Firm for Financial Services BLOCKCHAIN SERVICES // CONSULTANCY // INNOVATION SERVICES

KEY PERSONS

Faisal Husain Co-founder and CEO Tanveer Saulat Co-founder and CPO Joost Loves Managing Director, Country Head the Netherlands

FOUNDED

New York, 2001

TEAM SIZE

8,000

COMPANY DESCRIPTION

MARKET

Global

We’re innovators, designers,

PRIMARY COUNTRIES

developers and strategists. We

United States United Kingdom

CUSTOMERS

Financial Institutions

combine leading financial services knowledge with technology expertise. Developing innovative, real-world solutions using technology drives everything we do.

PRODUCT DESCRIPTION

ACHIEVEMENTS Public Award DLT - Blockchain Dutch FinTech Awards 2017 Markets Media Markets Choice Awards for Blockchain and AI Accelerator Programs

Synechron is a global consulting and technology organization providing innovative solutions to the financial services industry.

‘‘

Developing innovative, real-world solutions using technology drives applications for the financial services industry.

Alphatower, De Entree 15-17 1101 BH Amsterdam The Netherlands 168

‘‘

everything we do, we build groundbreaking blockchain and AI

synechron.com info@synechron.com

TD Shepherd & Co B.V. Trusted advisor to facilitate the next step

FINANCIAL ADVISORY // FINANCIAL INTERMEDIARY // VENTURE CAPITAL

KEY PERSONS Mike Beunder Managing Partner Erik Leus Managing Partner Francis van den Bosch Associate Director Fintech

COMPANY DESCRIPTION TD Shepherd is a team of highly professional and experienced individuals, guiding our clients to the best results. Deal-making is in our DNA, fintech one of our

FOUNDED

‘s-Hertogenbosch, 2015

TEAM SIZE

10

MARKET

Europe Asia North America

PRIMARY COUNTRIES

The Netherlands Belgium United States

CUSTOMERS

Corporates Investors Startups

focus-areas.

PRODUCT DESCRIPTION TD Shepherd is a trusted advisor to ambitious companies, entrepreneurs and founders looking to make the next step.

‘‘

ACHIEVEMENTS 100% success rate in raising capital for our clients, including fintech companies such as GlobalCollect, UnifiedPost, Anachron, Dimebox and Flinqer

TD Shepherd is a leading technology advisory firm, providing transaction

‘‘

advice in raising growth capital, mergers and acquisitions with the best companies, entrepreneurs and founders in Europe and the US.

Hofmeesterstraat 14 5223 MV ‘s-Hertogenbosch The Netherlands

tdshepherd.com office@tdshepherd.com 169

The Future Group The largest physical network of independent IT specialists in the Netherlands CONSULTANCY // INNNOVATION SERVICES // RECRUITMENT

KEY PERSONS Ruud Verhagen Managing Director Jeroen Zomers Operational Director Alexander Elzenga Innovation & New Business Manager

COMPANY DESCRIPTION As an independent freelancer you are part of a community of specialists and combine flexibility

FOUNDED

Zoetermeer, 2000

TEAM SIZE

330

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

Corporates Financial Institutions Startups

with excellent services.

ACHIEVEMENTS PRODUCT DESCRIPTION TFG provides independent fintech

Over 300 Independent IT Specialists

specialists to bring organisations further.

‘‘

‘‘

Fintech companies are in need of Commercial, Financial and Technical experts to realise promising ideas in order to reshape the future.

Röntgenlaan 27 2719 DX Zoetermeer The Netherlands 170

the-future-group.com contact@the-future-group.com

The Paypers One of the most trusted sources of insights and knowledge about digital transactions EDUCATION

Mélisande Mual Publisher and Owner Mihaela Mihaila Sales and Marketing Manager Tiberiu Avram Operations Manager

FOUNDED

Amsterdam, 2008

TEAM SIZE

13

MARKET

Europe Asia North America

PRIMARY COUNTRIES

United Kingdom North America Germany

CUSTOMERS

Financial Institutions Startups

A dynamic, innovative and inspiring organisation. We challenge ourselves in order to become the most trustworthy, resourceful, creative media platform, demonstrated through our outstanding knowledge of the market.

PRODUCT DESCRIPTION The leading independent source of news and analysis for professionals in the global digital transactions, Fintech and ecommerce community.

ACHIEVEMENTS Our infographics, part of our industry reports, are unique and valuable resources that are greatly enjoyed and appreciated

‘‘

By providing the most relevant

global source of news, research and analysis for the digital

transactions industry we have become the preferred digital

‘‘

COMPANY DESCRIPTION

KEY PERSONS

marketing partner for solution providers.

WTC, F tower Strawinskylaan 381 1077 XX Amsterdam The Netherlands

thepaypers.com

editor@thepaypers.com 171

Topicus

Connected banking. We connect consumers, finance professionals and funders BANKING PLATFORM SOLUTION // COMPLIANCY SERVICES // SOFTWARE DEVELOPMENT

KEY PERSONS

Daan Dijkhuizen CEO Topicus Holding Henk Jan Knol Co-owner Topicus Holding Michiel Schipper MD Topicus Finance Clint van Haalen MD Topicus Finance

COMPANY DESCRIPTION

FOUNDED

Deventer, 1998

We are known to be headstrong

TEAM SIZE

880

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium United Kingdom

CUSTOMERS

SME‘s Corporates Financial Institutions

and refuse to be stereotyped.

We strive to build a company of open-minded, creative and savvy individuals who cry out for a challenge.

PRODUCT DESCRIPTION As a forward-thinking and independent platform developer, we create exceptional services platforms for our clients; banks, wealth managers and

ACHIEVEMENTS Our Connected Banking solutions are integrated across the financial value chain, from customer orientation, via (intermediary) advice to origination and loanand asset management

pensionfunds.

‘‘

We, >880 fte, improve lives and make impact through technology. Our

‘‘

bimodal innovations execute a product strategy in 3 vertical markets. And with our software/insights we create innovative startups.

Singel 25 7411 HW Deventer The Netherlands 172

topicus.com info@topicus.nl

trimplement GmbH CRYPTOCURRENCY SERVICES // PAYMENTS // SOFTWARE DEVELOPMENT

KEY PERSONS

Matthias Gall Co-founder and Managing Director Natalia Martchouk Co-founder and Managing Director Thijs Reus Co-founder and Managing Director

COMPANY DESCRIPTION

FOUNDED

Cologne, 2010

In our bright office at Cologne

TEAM SIZE

18

MARKET

Europe Asia Africa

CUSTOMERS

SME‘s Corporates Financial Institutions

Cathedral, our team of fintech professionals creates software using modern technology and agile development processes – with the occasional foosball tournament thrown in.

ACHIEVEMENTS

PRODUCT DESCRIPTION trimplement offers emoney and virtual account management

Since 2016 our CoreWallet is used in several international businesses In 2017 we released balancr, with CoreExchange following in 2018

solutions for fiat money and cryptocurrencies as well a software development and consulting.

‘‘

We are the fintech enabler: Our software platforms provide companies

‘‘

with all they need to implement their disruptive fintech projects – flexible,

Am Hof 20-26 50667 Cologne Germany

scalable and with short time to market.

trimplement.com info@trimplement.com 173

Turner

The strategy execution specialist CONSULTANCY // INNOVATION SERVICES

KEY PERSONS

Frits Korthals Altes Director Digital Transformation Antal Ruiter Director Banking Patrick Eppink Practice Leader Finance Jacques Pijl Thought Leader Strategy Execution

COMPANY DESCRIPTION

FOUNDED

Leusden, 1993

“Be who you are, become who you

TEAM SIZE

50

wanna be.” Basic rule: Work hard,

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Belgium Germany

CUSTOMERS

Corporates Financial Institutions Regulators

play hard. Every person brings their own unique value which we blend into the Turner Team.

PRODUCT DESCRIPTION Turner is a strategy execution consultancy firm. We focus on the execution of digital strategies in

ACHIEVEMENTS Being rewarded with a 9+ by the CEO of a large financial institution in the Netherlands

the financial sector.

‘‘

‘‘

80% of all strategies fail in execution. We enable the execution of digital strategies to lead the digital transformation of the financial sector.

Arnhemseweg 107 3832 GK Leusden The Netherlands 174

turner.nl fkorthalsaltes@turner.nl

Ugoo

Funding your ideas ALTERNATIVE FINANCE // FINANCIAL ADVISORY // FINANCIAL INTERMEDIARY

KEY PERSONS Carlijn Huijsmans Consultant Daniel van Dijk Consultant Peter Laurens van Keulen Consultant Timo de Man Consultant Wouter Veldkamp Consultant FOUNDED

Amsterdam, 2006

TEAM SIZE

30

Curious, dedicated, entrepreneurial,

MARKET

Europe

but above all – fun to work with.

PRIMARY COUNTRIES

The Netherlands

Our 25 technical consultants translate complex tech to fin, from numerous grant sources.

PRODUCT DESCRIPTION Strategic public funding partner, matching grant programmes to your roadmap and vice versa.

‘‘

CUSTOMERS

SME‘s Corporates Startups

ACHIEVEMENTS >500 long-time clients, partnerships with prominent accelerators Second office in Eindhoven

‘‘

COMPANY DESCRIPTION

As market leader in IT grant advice, we have an excellent record in helping the smallest Dutch fintechs become the largest Dutch fintechs.

Paasheuvelweg 20 K 1105 BJ Amsterdam The Netherlands

ugoo.nl info@ugoo.nl 175

UL

Empowering trust for an interconnected and cashless world IDENTITY SERVICES // PAYMENTS // SECURITY

KEY PERSONS

Isabelle Noblanc Vice President & General Manager Amos Kater Global Payment Practice Leader Dean Zwarts Sales Manager EMEA

FOUNDED

Northbrook, IL, 1894

TEAM SIZE

11,000

COMPANY DESCRIPTION

MARKET

Global

UL works with businesses

PRIMARY COUNTRIES

United States United Kingdom Singapore

CUSTOMERS

Corporates Financial Institutions Startups

to rethink security, maintain customer trust, and help navigate complex regulatory and compliance requirements,

PRODUCT DESCRIPTION UL is a security solutions provider, delivering trusted identity

ACHIEVEMENTS The UL marks appear on more than 22 billion products globally

management and authentication services to businesses across the world.

‘‘

As businesses embrace digitization in a highly connected environment we

‘‘

enable them to implement resilient measures that guarantee regulatory compliance, maintain customer trust and increase market access.

De Heyderweg 2 2314 XZ Leiden The Netherlands 176

ims.ul.com transactionsecurity@ul.com

Unchain.io Integrate any application with any blockchain network. Easy, fast and scalable BLOCKCHAIN SERVICES // SOFTWARE DEVELOPMENT // TECHNOLOGY SOLUTIONS

KEY PERSONS

Arjeh van Oijen CEO Jelle van der Ploeg CTO Marcel Makken CCO Arjen Schaap COO

FOUNDED

Amsterdam, 2016

TEAM SIZE

8

Innovative and creative startup

MARKET

Global

team on a mission with a great

PRIMARY COUNTRIES

The Netherlands

COMPANY DESCRIPTION

mix of young bright minds and long-term industry and tech expertise. Highly ambitious,

CUSTOMERS

SME‘s Corporates Financial Institutions

engineering culture, collaboration first approach.

PRODUCT DESCRIPTION Our blockchain gateway offers an enterprise-grade solution to enable organisations to integrate their applications and devices

ACHIEVEMENTS Winner of the world‘s biggest blockchain hackathon Well-known private investor on board Launch of Early Adopter Program Succesful enterprise implementation

with blockchain networks.

‘‘

‘‘

By enabling organisations to integrate with various blockchain

technologies in a open, fast and secure manner we can reduce complexity, speed up onboarding and create real value with blockchain technology.

Johan Huizingalaan 400 1066 JS Amsterdam The Netherlands

unchain.io

info@unchain.io 177

ValueQuest B.V. PensioenPod, know where you stand DATA AND ANALYTICS // PENSIONS // PERSONAL FINANCE

KEY PERSONS Gerard Timmermans Managing Director Roderick de Kruijf Financial Director Ronald Verbrugge IT Erik van Houwelingen Advisory Board Member Falco Valkenburg Advisory Board Member FOUNDED

Wijk bij Duurstede, 2012

TEAM SIZE

6

ValueQuest is a small company

MARKET

Europe

with short lines to all the involved

PRIMARY COUNTRIES

The Netherlands

COMPANY DESCRIPTION

persons, with a high engagement

CUSTOMERS

and enthusiasm. Eager to succeed together and great to work for.

PRODUCT DESCRIPTION Empower individuals and families, provided by Employers and/or

Consumers Corporates Financial Institutions

ACHIEVEMENTS Winner of the FD PensioenPro Innovation Award 2016

Pension Funds, to take full control over their financial well-being after retirement.

‘‘

By opening up the puzzle of retirement insight for all Dutch people and

‘‘

their personal situation. In doing so, they will be able to take control

Offemar 27 8939 CS Leeuwarden The Netherlands 178

of their financial situation.

pensioenpod.nl info@pensioenpod.nl

Van Doorne N.V. Passionate about FinTech and proven to be one of the most innovative law-firm LEGAL SERVICES

KEY PERSONS

Arno Voerman Finance/Regulatory & Co-head of FinTech Team Louis Jonker IT & Co-head of FinTech Team Friso Foppes Corporate M&A Elisatbeth Thole Privacy

COMPANY DESCRIPTION

FOUNDED

Amsterdam, 1930

Our mission is to empower people

TEAM SIZE

300

and organisations and to work on

MARKET

Europe

responsible, permanent solutions

PRIMARY COUNTRIES

The Netherlands

together, something that is

CUSTOMERS

reflected throughout our company.

The first Dutch law-firm to have a dedicated multidisciplinary

ACHIEVEMENTS Founding member of Holland FinTech

FinTech team (2012): helping clients

FinTech Lawyers network

with all legal challenges in FinTech.

1st Dutch law-firm to have a dedicated FinTech team

‘‘

‘‘

PRODUCT DESCRIPTION

Corporates Investors Startups

Passionate about FinTech in its broadest sense, proven to be one

of the most innovative law-firm in the area, and acting at the forefront

Jachthavenweg 121 1081 KM Amsterdam The Netherlands

of developments in the market.

vandoorne.com fintech@vandoorne.com 179

Van Lanschot

A specialist, independent wealth manager BANKING SERVICES // FINANCIAL ADVISORY

COMPANY DESCRIPTION

KEY PERSONS David Versteeg Director Digital & Innovation Bas Rapati Delivery Manager Digital XL Manuel Garcia Delivery Manager Digital XL Wouter Huisman Delivery Manager Digital XL FOUNDED

‘s-Hertogenbosch, 1737

TEAM SIZE

1,658

solutions, we tailor our offering

MARKET

Europe

to requirements and objectives

PRIMARY COUNTRIES

The Netherlands Belgium Switzerland

CUSTOMERS

Consumers Investors

We don’t think in standard

of our clients. We stand out from the crowd for our personal service, specialist knowledge and experience.

PRODUCT DESCRIPTION Van Lanschot is the private bank for wealthy private individuals,

ACHIEVEMENTS Nominated for the Dutch Fintech Awards 2017

providing innovative omnichannel services to our clients.

‘‘

‘‘

We are setting the benchmark within the Benelux for our current and next generation clients regarding omnichannel wealth management services.

WTC, A Tower, 3rd floor Strawinskylaan 1 1077 XW Amsterdam The Netherlands 180

vanlanschot.nl vanlanschot@vanlanschot.com

Virtual Affairs Moving finance forward BANKING PLATFORM SOLUTION // INNOVATION SERVICES // SOFTWARE DEVELOPMENT

KEY PERSONS Robin Peters Managing Partner Erik Lamers Managing Partner Cato Koomans Managing Partner

COMPANY DESCRIPTION Virtual Affairs is a company with a flat organizational structure.

FOUNDED

Amsterdam, 1997

TEAM SIZE

125

MARKET

Europe North America

PRIMARY COUNTRIES

The Netherlands Canada United Kingdom

CUSTOMERS

Corporates Financial Institutions Startups

The team is characterised by professionals, eager to share and grow their expertise, having fun

ACHIEVEMENTS

doing it.

Certified Sitecore Platinum Implementation

PRODUCT DESCRIPTION

Silver Technology partner

We provide solutions to insurers and banks that transform and

Microsoft Gold partner

optimize digital channels.

‘‘

With our extensive knowledge of the financial industry and the latest

‘‘

technology we drive innovation for banks, insurers and investment

Daniel Goedkoopstraat 14 1096 BD Amsterdam The Netherlands

companies.

virtual-affairs.com info@virtual-affairs.com 181

VIVAT Innovating by co-creating ASSET MANAGEMENT // INSURANCE // PENSIONS

KEY PERSONS Ron van Oijen CEO FOUNDED

Utrecht, 1904

TEAM SIZE

2,400

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands

CUSTOMERS

COMPANY DESCRIPTION

Consumers SME‘s Startups

At VIVAT we are looking beyond the horizon. We’ve taken a new approach to insurance. New technologies and analysis of big data allows us to identify our customers’ needs

ACHIEVEMENTS Startup Europe Partnership (SEP) Awards 2017 (Open Innovation Challenger and Open Innovation Fast Mover)

PRODUCT DESCRIPTION VIVAT is a leading financial service provider helping customers to realize their dreams and protect their belongings.

‘‘

VIVAT believes in co-creation, together with customers, intermediary, other

‘‘

corporations and startups. In combination with new technologies we built convenient solutions for our customers.

Burgemeester Rijnderslaan 7 1185 MD Amstelveen The Netherlands 182

vivat.nl info@vivat.nl

WealthObjects Taking Wealth Digital

ASSET MANAGEMENT // PENSIONS // PERSONAL FINANCE

KEY PERSONS

Uday Nimmakayala CEO and Founder

FOUNDED

London, 2015

TEAM SIZE

15

MARKET

Europe Asia Middle East Africa

CUSTOMERS

Corporates Financial Institutions

COMPANY DESCRIPTION Our close knit team takes pride in client implementations, and works tirelessly in a friendly atmosphere with lots of tea, coffee, and dinners!

ACHIEVEMENTS Consistently named amongst the top EMEA and APAC FinTechs

PRODUCT DESCRIPTION WealthObjects helps firms launch a fully automated robo advisor or hybrid advisory digital wealth platform as a technology partner.

‘‘

We help financial institutions launch digital wealth, pension and savings

‘‘

propositions at a faster time to market and at a fraction of the cost using

1 Primrose street EC2A 2EX London United Kingdom

our modular APIs.

wealthobjects.com info@wealthobjects.com 183

Wirecard

Reinventing Payment BANKING SERVICES // PAYMENTS // TECHNOLOGY SOLUTIONS

KEY PERSONS Dr. Markus Braun CEO

COMPANY DESCRIPTION We are a fast-growing company operating in an international and highly dynamic market. We work using the latest technologies and

FOUNDED

Munich, 1999

TEAM SIZE

4,690

MARKET

Global

CUSTOMERS

Financial Institutions Startups

ACHIEVEMENTS Since 1999, Wirecard has proved to be a leading international provider of outsourcing and white-label solutions for electronic payment transactions

are excited about shaping the future of payments.

PRODUCT DESCRIPTION Wirecard provides global endto-end payment solutions and is a perfect partner for financial institutions and FinTechs.

‘‘

Wirecard provides new digital banking solutions as well as a wide range

‘‘

of innovative issuing, acquiring, and mobile payment solutions for both

Einsteinring 35 85609 Aschheim Germany 184

B2B and B2C customers.

wirecard.com fintech.europe@wirecard.com

WTSS Helping banks create the best online experience for their customers!

BANKING SERVICES // CONSULTANCY // TECHNOLOGY SOLUTIONS

KEY PERSONS Martin Schorel Founder, Owner & CEO Marco Hagen CTO Renate van de Paverd CFO FOUNDED

Schiedam, 2004

TEAM SIZE

11

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands United Kingdom Denmark

moment.

CUSTOMERS

Financial Institutions Regulators

PRODUCT DESCRIPTION

ACHIEVEMENTS

COMPANY DESCRIPTION Flat, fun and relaxed. Never a dull

Robotize customer journeys with an actual customer profile utilising real accounts with real money to

Cross-platform monitoring of customer consent journeys with AIS and PIS integration on Openbanking/PSD2 interface

measure SLA and performance.

‘‘

‘‘

The only test, monitor and verification service in the world utilzing real money on real accounts across the globe.

Frobenstraat 21c 3045 RD Rotterdam The Netherlands

wtss.nl ser vices@wtss.nl 185

Ximedes

Bespoke software, focusing on Open Banking BANKING PLATFORM SOLUTION // BLOCKCHAIN SERVICES // SOFTWARE DEVELOPMENT

COMPANY DESCRIPTION

KEY PERSONS

Rene Hodde Jan Laagland

FOUNDED

Haarlem, 1998

TEAM SIZE

80

MARKET

Europe

PRIMARY COUNTRIES

The Netherlands Germany Nordics

CUSTOMERS

Corporates Financial Institutions

Ximedes exists to allow a group of smart, friendly and ambitious professionals to work together on relevant and challenging software projects, to the delight of our clients and ourselves.

ACHIEVEMENTS We work many major banks and financial institutions: ING, Rabobank, Swedbank, ABN AMRO and equensWorldline

PRODUCT DESCRIPTION Ximedes builds bespoke software, focusing on Open Banking and Public Transport systems.

‘‘

We build software so fast we offer an alternative to months-long

‘‘

consultancy in the Open Banking area: simply building the product and

Lichtfabriekplein 1 2031 TE Haarlem The Netherlands 186

adapting the parts that you dislike.

ximedes.com info@ximedes.com

This is where creditmanagement meets the world of Fin-Tech.

www.cibincasso.nl

www.mempay.com

BANK PLATFORM SOFTWARE Incumbent financial institutions today cannot ignore the importance of integrating innovative solutions within their services. To keep pace with fintech developments, a majority of them have set digital transformation as their top priority for the near future.

Driven by the increasingly sharp competition caused by innovative players offering new services and a tailored customer experience, the banking industry is opening up to a whole new segment of stakeholders, creating a new and dynamic playing field. Besides that we see that software platforms are becoming increasingly important as enablers of new services, also for banks.

Indeed many tech-related firms are entering the banking sector, as traditional banks are compelled to share their customer data in specific regions. Regulators are actively stimulating this shift, as we saw lately at a European level with the implementation of PSD2, aiming to shape a more 190

competitive field where the customer is placed at the center.

This opening up of the banking sector is drastically changing the way stakeholders interact. As a result, traditional bank-customer relationships are being put to the test. New, tech-driven fintechs are identifying areas in the banking value chain that are often high margin and have large need for improvement. Banking service providers need to cope with higher customer expectations, innovation, new regulations. But banks find that their core legacy systems are getting in the way of making the necessary adoptions.

New market entrants now are able to leverage the benefits of agile processes and innovative technologies, and can give customers frictionless and personalized experiences. But as customers are also resistant to change, traditional banks are still holding on to most of their customers, be it with a less diversified product portfolio.

To make the necessary changes to their own operations, banks are increasingly working together with new technology players, to overcome the problems with their legacy systems. Open Banking is further paving the way for other forms of cooperation in the financial value chain also inviting larger new market entrants.

Big technology firms, like Google, Facebook, Apple, already own trusted brand names and have large customer bases, are keen to also get a share of wallet of financial services. The game is on for the favour of the customer: who will control access to financial services, as they are increasingly intertwined in the broader digital space.

APIs, new driver of change At the base of this industrywide change lie application programmable interfaces (APIs).

These tools are breaking the boundaries previously set by the banking industry and allow for

platform based solutions. APIs are opening up banks to third parties by the means of sharing data, empowering new business models models. They enable service providers to launch new solutions more efficiently by leveraging existing infrastructures and accessing financial data previously concealed. By bringing trusted bank brands together with innovative and agile startups, new collaborative efforts can prove to be extremely valuable. But ­­ also non-banks have seen the potential of APIs, and launch platforms to bring together digital services from a customer perspective.

The road ahead Banks are required to adopt open banking in order to thrive in these times of connectedness. Open banking offers originally nonbanking parties opportunities to build platforms and come up with new creative business models, while offering customer convenience and an improved banking experience. With this new form of competition and changing consumer demand, incumbent players must act promptly to secure their significant market share. There are several Neo-banks that lead the way in showing how banking will look for next generations. The game of agility versus scale is on!

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trimplement.com

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vamp.io

vanlanschot.nl

vicompany.nl

virtual-affairs.com

visualquant.com

ximedes.com

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PAYMENTS The payment sector was one of the first segments to benefit from the internet as platform for commerce and related financial services, and as such has been a driving force behind the changes within the financial industry.

Payments companies have initially been focused on growing the ability to pay anywhere with any means, nowadays innovation is focused on the fields of user experience and frictionless payments. Their customers, e-commerce as well as traditional (brick-and-mortar) stores, are increasingly demanding services enhancing customer conversion as well as risk management.

PSD2 is leading the charge On the backend of payment, the landscape has been largely driven

by regulatory changes, like the Payment Services Directive, Faster payments and the New Payment Services Directive (PSD2).

Especially PSD2 is expected to significantly change the way the market cooperates around payments, once fully implemented in 2019. Payment service opera-tors will, under new licenses, also be able to expand their services as trusted bank-access provider for consumers.

Funnily enough, several payment services providers are striving for banking licenses, to have a broader freedom to operate. They do not seem to be into universal banking so far, but the capability building there is a very interesting trend. It given in any case room for further expansion of their grip on the payments value chain, maybe even pushing out the traditional banks.

User experience and conversion is the key Technological developments have enabled expansion services to meet increased consumer demand and increasingly support merchants

with services to convert webshop visitors into paying customers. Not only the variety of payment means offered to consumers is key there, but also the ecommerce experience itself, as well as frictionless handling become the interest of the payment services provider.

And as global cyber threats are getting more attention in the news, they also put pressure on operating systems for payments. And while competition and therefore drive for reduced cost of transaction become more important for merchants, also risk management and fraud prevention become a key required service. This is also party given by the increased demand for purchase with credit.

How does technology play into this Technological advancements such as open APIs, blockchain and instant payments are opening up new paths for collaboration within the industry, yet are still in need of a harmonized approach.

Mobile payments, having already been around for some time, are currently increasingly generating traction, although adoption varies from country to country. The number of payment methods are growing and generally provide more available payments options to consumers around the globe. Data for risk analytics,

as well as more identification methods, come into play, creating a landscape of structural cooperation between smaller and bigger parties. This drives a strong increase of specialisation on specialties like regulatory reporting (Regtech), fraud prevention and risk management and customer conversion analytics.

The payments industry has a strong potential to empower disruption in commerce to a much wider extend, looking at subscription economy and new pay-as-you-go models. Open door for consumersâ&#x20AC;&#x2122; to state their preferences and providing an example of tailored servicesâ&#x20AC;&#x2122; benefit, the sector is a promising field for innovation and growth. New developments go hand-in-hand with new challenges and all stakeholders are enticed to collaborate and thrive in this fastchanging industry.

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xximo.nl

getyestap.com

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INSURANCE Similar to what is happening with FinTech within the banking sector, the so-called Insurtech companies are now making their way in the insurance market, especially attracting tech savvy customers.

The intersection between the physical and virtual world is everywhere and today, more than ever, insurers, like other financial institutions, must strive to meet the needs of their customers: a better, cheaper, more complete and userfriendly digital offer, tailored to consumerâ&#x20AC;&#x2122;s needs, paired with a complete omnichannel experience.

Disruption does not spare the insurance sector Daniel Schreiber, founder and CEO of Lemonade (USA), one of the most promising InsurTech out there at the moment, recently has made quite an interesting reflection on the state of insurance during a presentation in Munich.

He compared traditional insurances to Britannica EncyclopĂŚdia and asked: is the insurance industry facing its own Wikipedia moment?

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Insurance companies, like Britannica did for centuries, have dominated the market over the last 300 years, creating an industry of over 100 billion dollars in revenue. This has been largely facilitated by regulation including mandatory insurance. Will this still be the case in the future?

Will they still be dominating the market in a generation from now?

Are InsurTech companies going to represent what Fintechs are for banks?

Large players are still holding the fort Today, insurance goliaths like Berkshire Hathaway, AXA and Allianz are still largely dominating the market, generating huge

revenue pools. However, within the European context, incumbents are increasingly faced with mounting challenges from newcomers that combine advanced digital capabilities with accessible, user friendly interfaces, to provide consumers with insurance solutions more tailored than ever before.

New regulations such as GDPR will exert additional pressure on insurance firms by restricting ways that customer data can be used.

Traditional insurance companies have been slow in adapting to burgeoning changes. Mirroring changes in capital markets and investing, an increasing adoption of artificial intelligence (AI) and robo advisers is expected, automating some of the repetitive, labor-intensive functions usually expected of actuaries and brokers.

Examples include data entry, customer communications, compliance tracking and property assessment. Blockchain and distributed ledger technology based solutions offer possibilities at increasing the efficiency of information exchange, simplifying claims submission and improving insurance fraud management.

Young generations are leading the change Young customers represent important segments in terms of incremental revenue potential,

while also being more vulnerable to attrition. Building and maintaining relationships with them will require insurers to cater to their clear preference for digital touchpoints. As the proportion of millennials begin to rise, their digital preferences will also become standard. Insurtech innovations dovetail with the growing desire and comfort level customers have for digital interaction, with roughly a third of customers globally using insurtech services exclusively or combined with conventional policies to fulfil their insurance needs.

Collaboration is key Although there are multiple approaches to joining forces, it is likely that insurers will continue to partner with insurtech firms via investment or acquisition (i.e AllianzVentures) or develop in-house projects. Strategic partnerships and incubators like AXAâ&#x20AC;&#x2122;s Kamet are also viable ways for insurers to leverage on insurtech strengths, as much can be accomplished via engagement with startups to gain first hand access to disruptive technologies. Insurtech startups, on the other hand, are able through partnerships to gain trust from consumers â&#x20AC;&#x201C; a precious commodity that traditional insurers still have a stranglehold on.

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ASSET MANAGEMENT & CAPITAL MARKETS In the world of capital markets, technology has played a key role for ages, and fintech is now making an impact there as well. Advances and new applications in fintech such as Artificial Intelligence (AI), Robotic Process Automation (RPA), distributed ledgers and cloud technologies have helped deliver innovative solutions to complex front, middle and back office processes. Incumbents view challengers as potential partners, to improve their offering, as their own capacity and investments are more thwarted towards maintaining their legacy systems. For the asset managers, including pension operators, fintech is mostly about

204

robo-advisory driving efficiency and compliance with new regulations.

What key areas are impacted?

Technology in capital markets is traditionally used to increase the efficiency of financial systems, whether operationally or as a value proposition in generating new revenue. From an operational perspective, fintech is used by capital market firms to reduce cost, increase efficiencies, build better client relationships and facilitate regulatory compliance. Distributed ledger technology (DLT) solutions are notable for introducing new, groundbreaking ways to access capital, such as initial coin offerings (ICOs) as well as providing new ways for settlement of transactions.

Players in the field include standalone firms and spin offs from established investment banks.

For Asset Managers the drive to reduce costs is working in both front and backend: Roboadvisors are making investing more accessible for consumers with less assets and appeal increasingly

to younger generations with mobile first solutions for investing.

On the backend, transparency of the investment waterfall, related management fees and responsibility for the use of funds, is a strong driver for data-driven asset management and a range of regtech solutions for the industry.

Artificial intelligence at the forefront of change Artificial Intelligence (AI) and machine learning are most commonly used in pre-trade and execution, while robotic process automation and distributed ledger technology are mostly used in post-trade and support activities.

Distributed ledger technology is applied to a range of capital market infrastructure ( CMI) operations.

Use cases include clearing and settlement, alternatives to the traditional markets for access to capital, and new digital markets.

AI and machine learning capabilities are used to produce trading signals, asset matching or servicing client flow, while robotic process automation is used to speed up highly repetitive activities, such as payments processing, primary market intelligence and data reconciliations. In primary market intelligence, for example, automation is used to help banks identify leads/prospects with the highest conversion possibilities.

As it stands, one of the fastest growing fintech subsegments in asset management and capital markets is analytics. Within the context of regtech and regulatory compliance, 60% of companies use advanced analytics solutions to facilitate verification (Anti Money Laundering and Customer Due Diligence and monitoring in trade surveillance.

Analytics are increasingly relied upon to prove best execution under MiFID II stipulations, especially in asset classes with large numbers of trading venues. The introduction of the European Single Electronic Format (ESEF) in Europe will likely prompt new fintech applications, as the ESEF requires issuers listed on regulated markets to standardize their financial reports.

What is next?

We see a continued drive towards reduced costs, increased transparency on money flows and a continuously changing regulatory landscape, trying to keep up with the market. These forces will push the world of capital markets and asset management to more openness, While technology offers great opportunities for the sector, the public opinion has ever stronger demands to cope with.

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RISK & REGTECH Ever since the 2008 financial crisis shook the globe, regulations have and will continue to transform the financial industry. A part of this transformation is the adjacent and growing application of technology to meet complex regulatory challenges, particularly considering 2018 will see a host of regulations come into effect. These regulations will create a â&#x20AC;&#x153;perfect stormâ&#x20AC;? of regulatory change and have an active part in disrupting the financial industry and inciting innovation. On the technology side, technologies that at the forefront of regtech include artificial intelligence (AI) and machine learning (ML).

Framing regtech Regtech has multiple, varying definitions that all deal with technology being used to meet regulatory challenges. An acceptable definition could

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characterize regtech as technology that helps solve regulatory challenges by providing governance, risk management, compliance and regulatory reporting solutions.

Specifically, those who provide financial services can benefit from implementing regtech solutions in a number of ways. For example, institutions can improve their understanding of how regulation impacts their business, support implementation and compliance, meet business demand through supplying digital-first products and services, decrease compliance and risk costs, increase organizational

agility, and create better insight and oversight of compliance and risk management for customers and employees.

2018 is an important year for regtech, with a range of regulations coming into effect.

The major regulations for 2018 are the Revised Payments Services Directive (PSD2), the General Data Protection Regulation (GDPR), and the second Markets in Financial Instruments Directive (MiFIDII), with PSD2 having an extended implementation schedule in the Netherlands and other EU countries.

The technology As is the case in many industries, technology drives advances in how institutions do business, both in terms of internal and external practices. With regtech, we see that AI and ML are major technologies changing the way institutions tackle compliance and risk and analyse data, even though they are currently being developed to find the best and most efficient uses in regtech.

more sophisticated. Specifically, it is used in the analysis of regulations, pattern recognition, communications monitoring, and capturing information.

While improved use of analytic tools will make use of available big data, there is much potential for the use of Machine Learning (ML) to enhance the use of AI in regtech.

Although these systems are being developed, large scale deployment and integration is still to come.

While young, regtech is becoming a key aera As the regulatory landscape becomes growingly complex, stakeholders will have to leverage technology to maintain order within such a dynamic ecosystem.

The marks of previous financial crisis, compliance costs, and innovation issues motivate the development of a regulatory systems placing as much as possible human out of the equation and modelling a common language within the regulatory environment.

Although AI has been around for an extended period of time, it has primarily been used for nongovernance risk and compliance ( GRC) applications. However, its current use is being expanded to cover GRC processes, making them 209

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IDENTITY & SECURITY We live in a digital world, and we often interact through digital means. Digital identities are defined by the International Standards Organization (ISO) in a broader sense as constellations of attributes related to entities, where entities can be people, applications, devices, or legal bodies. Because of the growing digitisation of the world, digital identities and their supporting systems are recognised by a wide audience as a critical step in financial innovation. Yet, despite its promise, many barriers impeded the creation of comprehensive digital identities, as many initiatives only cover parts of the identity puzzle. Moreover, the current shift towards online identities is littered with risks and barriers.

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What is going on in digital identity Generally, Electronic Identification (eID) schemes are developed at national levels, and thus vary widely across Europe. This makes it difficult to achieve pan-European integration. Additionally, out of the some odd 13 eID schemes that have been developed, according to research, most are not suitable for financial services or have yet to be applied to this area.

The EU, though, has attempted to create a digital single market and EU-wide governance. The EUâ&#x20AC;&#x2122;s Electronic Identification and Trust Services for Electronic Transactions (eIDAS) regulation is a major piece of legislation aiming to standardize identity management; however, integrating all of the different schemes will most likely take a long time and be a complicated process.

Due to this gap, companies take

matters into their own hands and develop their own solutions. For example, a consortium of Dutch banks launched iDIN, a service which allows consumers to identify themselves online through their own bank login.

Digital Identity and Fintech Innovation An important part of fintech innovation is developing new systems for digital identity because they will help deliver secure, digital, and efficient products and services.

This involves technology, customer adoption, and regulation.

Technologies that are active in the digital identity space include mobile technology and biometrics which combined seek to create frictionless experiences for the customers that are using them. Additionally, Artificial Intelligence and Machine Learning are used to help aid pattern recognition and have helped reduce and prevent fraud. Lastly, as is the case in many other sectors, blockchain could also be used as a way to manage digital identities, and a number of proofs of concept have already been completed.

Regulations have been driving the creation of digital identities, as the EU has identified digital strategies as an important part of its single market strategy.

Concurrently, financial institutions

have sprung into action to meet mounting anti-money laundering requirements and the growing need to combat fraud.

The road ahead One of the leading issues with digital identities is how to keep personal data safe, as many consumers are wary of digital identities due to privacy and security concerns. This growing digital world where users connect using multiple devices and channels creates security risks, and a balance must be struck between security and innovation.

Another issue is the proliferation of providers throughout the value chain. Governments, standards organisations, industry bodies, solutions providers, all play a role at different levels where specific problems arise at each level. In order to achieve more cohesion between the different levels â&#x20AC;&#x201D; e.g. service delivery, authorisation, attribute exchange, authentication, attribute collection, and standards â&#x20AC;&#x201D; all actors in the value chain will need to work together to create a functioning digital identify framework and implementation process.

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ALTERNATIVE FINANCE The time when banks were the only bridge between borrowers and lenders is gone. The advent of the digital era is the starting point from when technology has been able to connect individuals, better inform any parties in the ecosystem, and support the free flow of capitals. As the current revolution triggered the creation of a system where flexibility and customisation are leading concepts, the lending sector cannot escape being transformed.

On the brink of a new era Where before only certain financial institutions could lend money to businesses and consumers alike, now a myriad of agents can fill in this role. The fuel of this change, technology, allows improvement

of key processes due to the eased access to large data pools providing informations on any entity in need of funds to grow.

The arrival of digital indeed enables swifter invoicing processes, rendering factoring and similar practices easily feasible and allowing to fill the cash flow needs of a business within hours. Smarter credit-scoring tools, based on Big Data and algorithms to refine it, shorten the time required to scan applicants - to less than ten minutes in some cases. Better tools also hone the precision of outcomes, allowing to multiply the number of cases accepted; whereas before valid candidates would be barred from accessing the funds they needed to start a business, get a mortgage, or access cash to maintain their activity afloat.

Lending, the shift of perspectives More than optimising existing tools and practices, the digital wave swinging the lending markets creates new perspectives as

to how money can circulate within our economies. The peerto-peer philosophy opens new doors, one of the largest leading to crowdfunding. In its many forms, peer-to-peer lending provides funds to individuals and corporates that could not reach banks otherwise. Going further than obvious business lending, crowdfunding use cases extend to many sectors, from real estate to cultural fields passing by social finance.

The latter is largely certainly benefitting from these technological advances, allowing to adjust inequities and opening the access to capital for underbanked and unbanked. In Sub-Saharan Africa and SouthEast Asia, micro-finance, impact financing and alternative lending are driving the small business economy, main driver to overcome financial predicaments. In Europe and the US, less drastically excluded parties can find ways to get funds to develop their projects.

financial institutions, which are backing such solutions or creating their own. Thanks to an increasingly adequate regulatory approach, such tools are now included into the mainstream financial mix, and part of the lending options available for consumers and businesses alike. The strong market consolidation recently shaping the landscape, with the apparition of large alternative lenders and numerous partnerships between incumbents and newcomers, is here to confirm this fact.

Illustrating this developments, the next pages contain a syllabus of actors leading the way in the field. Each solution provider profiled here, tailoring its service to the market needs, is shaping the alternative finance ecosystem by providing new solutions to old problems.

Alternative finance is becoming mainstream The alternative finance landscape is growing onto the traditional lending ecosystem, to a point where it is actually not precisely alternative anymore. Once introduced by small players, the innovative stream reached larger 217

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CONSUMER LENDING The fintech storm, the shift in demand and regulations are transforming the sphere of consumer finance. The fast-paced innovation impacting the industry is as accurate for individuals’ financial lives than it is for other sectors within the financial sphere, ultimately transforming life’s building blocks such as houses purchases and personal loans, but also daily credit operations.

Consumers’ expectations and regulations, shaping the sector Similarly to the payments sector, the logic of consumer finance is strongly shaped by customers’ expectations. The younger techsavvy generations display a level of requirements disrupting an industry that was so far letting aside users’ concerns. As a result, established institutions now face the arrival in the market of third

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parties aware that placing user experience at the center of their product development is decisive.

Concurrently, by opening up the market, regulations are shaping the competitive landscape in accordance to the arrival of these newcomers. The implementation of PSD2 in Europe, for instance, leading to the entry in the market of innovative organisations offering faster, cheaper services is decisive for the creation of a new system.

Indeed the opening of customer financial data allows individual to access a better tailored service, fairer and more adapted to their particular needs. Due to this regulatory support and changes within the value chain, consumer

lending is escaping the closed ambit of banks, now within the reach of young providers able to deliver swifter services.

Impact of innovation: the mortgage industry The most compelling impact is shaking the mortgage industry, which is no longer an exclusive space for financial institutions.

The sector benefits from significantly faster processes brought by fully digital providers.

Where six weeks were needed to obtain funds, the whole process, from application to transfer, can now be done within a week at competitive prices. The Dutch market in particular is ripe for this type of lending, being relatively large and growing. As such, whereas P2P consumer lending is relatively insignificant as of today, this trend could reveal a strong potential for such schemes.

instant and flexible. Personal credit card loan, for instance, is becoming increasingly smaller as new payments schemes allow consumers to pay on credit without additional fees. New platforms, even though still at an early state, are directly connecting investors and consumers in order to provide accelerated channels for funds to flow.

You will discover in the following pages an overview of innovative solutions providing a structure for this change to thrive. From lending platforms to mortgage advisers, they are all technology-driven and leading the shift within the field of consumer lending.

Economic changes are carried into the sector The emergence of a new class of workers is also a factor to take into account. Auto-entrepreneurs, freelancers and the like are burgeoning, creating a market asking for leaner individual funding and credit. Indeed, the evolution of needs this new kind of lifestyle is driving leads providers to introduce new products to the markets, more fitted to a model based on the 221

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PERSONAL FINANCE & PLANNING Technology has been the cause of tectonic shifts within the personal finance industry, with many of the recent advances aligning with the interests of young, digitally savvy millennials, helping them save, budget and invest more easily than before.

Millennials, who will inherit largest amounts of personal wealth than any generation, have instigated a barrage of start-ups eager to capitalise on the booming demographic.

However, start-ups are beginning to focus on financially literate older customers who are looking for ways to make the most out of their pensions. Within the ambit of fintech, personal finance solutions can be divided into three subsegments, namely robo-advisory solutions, pension planners and

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personal spending trackers.

Robo-advisers are online financial advice platforms that provide advice using sophisticated computer algorithms. In layman terms, robo-advisers leverage on behavioural data to match consumers with the relevant financial products or investment portfolios according to their preferences and risk profiles.

Major players in this growing niche are Robinhood and Acorn.

The benefits of robo-advisers are mostly rooted in automation: higher fee transparency, faster application processes, ease of accessibility and consequently lower costs compared to traditional brokerages are huge draws.

Personal finance solutions target an array of consumers, from children to elderly. Pension apps like Pensioenpod and Moneyhub help retirees plan and aggregate expenditure to make the most of their income. In-built algorithms and AI capabilities incorporate a myriad of categories of income data (tax returns, mortgages,

savings, pension policies) to project income variations in relation to changes in life, such as the death of a partner or economic inflation.

Personal spending trackers such as Spendee, Otly! and Expense IQ primarily enhance the budgeting features of existing solutions by allowing users to sync the app with their bank accounts. This gives an added dimension to the budgeting process by enabling users to import transaction data and even segregate savings into distinct ‘vaults’ and ‘wallets’, effectively capping spending.

Where the innovation lies The ingenuity of many of the personal finance fintech on the market now lies in the ability of their solutions to connect with the users’ banking accounts via APIs, allowing expenditure projections to be calculated in real time. The lack of timely, accurate incomerelated data has always throttled the usability of personal budgeting apps in day-to-day life — and all of the personal finance apps mentioned have overcome this by eliminating the drudgery of having to manually input every single income data point.

From an internal perspective, an increasing proportion administrative tasks inherent to pension administration are

being automated. Promising blockchain and open distributed ledger technology-based solutions can be applied to the area of pension administration to improve the process for members. Another area worthy of exploration is the establishment of smart pension contracts that automatically execute pension arrangements as soon as the user reaches the retirement age.

The road ahead One of the major uptake roadblocks is the looking beyond millennials as the main viable demographic. Although they are set to become the largest living generation and are open to trying alternative financial solutions, it does not change the fact that they are often debt-ridden and still have very little real wealth. The more profitable demographics such as baby boomers and Gen X-ers are not adopting these solutions at the rate millenials do, not entirely due to technological inhibitions; but rather, they have different expenditure patterns and saving needs that many fintechs have yet to address reasonably. While there has been an upsurge of fintechs addressing the need for pension management, there are still significant market gaps waiting to be filled - Gen X-ers putting aside money for their children’s college or even servicing their mortgage.

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ADMINISTRATION From the creation of double-entry bookkeeping in the East to the implementation of cloud computing, businesses are constantly searching for new ways to improve their administrative machine.

Technological innovation provided these businesses with a new source to fuel these mechanisms.

Lately, technological innovation has been providing the support needed to standardise, smooth and improve administration within corporate activities. Accountants, treasury managers, HR departments and other administrative components see parts of their operation being taken

over by digital tools. These suites enable businesses to conduct their processes in a simpler, cheaper way.

Digitization changes the approach to business administration Not escaping the general shift currently taking place, the sector is subject to the consequences of the consecration of the flexible, tailored and customer-first principles influencing our society.

The advent of multinational firms some decades ago, and also of the gig economy more recently, necessitates that administration fit the diverse needs of these different entities.

To answer this demand, a multitude of solutions are emerging in the market, addressing here, the complexity of a globalized organisation, there, the special case of a freelancer. These

solutions ensure all administrative tasks are managed accordingly, without having to hire an entire department. Treasury management, customer relationship management ( CRM), enterprise resource planning (ERP), invoicing, debt and human resources management are now supported by cheaper and faster tools.

The technologies supporting this change are for the most part based on cloud computing. One of its components, Software as a Service, is indeed a key concept allowing companies to provide on-demand software services and facilitate a high level of customization.

digital tools, the positions replaced by these will assume strategic functions. Corporate finance as we know it will thus disappear.

The next pages draw an overview of such solutions. There, you will find an array of companies catering to either specific needs within the administrative structure of organisations or offer a full suite of solutions, suiting broader requirements.

Regulations, providing a frame for innovation In the midst of these innovations, regulations are molding the game.

The effort to go toward an international harmonisation is tangible and required. New directives such as the IFRS 9 enable solutions providers to scale their businesses and hence provide higher quality and more efficient products.

These evolutions leave room for professionals to shift from purely operational roles to a more strategic approach to business administration. As in the future operational tasks are going to be to a great extent conducted by 229

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DLT & CRYPTOCURRENCIES Distributed Ledger Technology, commonly referred to as blockchain, has recently been at the centre of the debate around technology within financial services. Proclaimed as an absolute disruptor, blockchain has yet to fulfill its attractive promises.

Decentralisation is certainly an attractive concept, but faces obstacles in becoming a practical one. A couple of years after its emergence, the technology has not reached yet its productivity plateau, and the hype surrounding it is to a certain extent clouding its accuracy as an efficient solution.

A growing number of use cases Nonetheless, a number of use cases are here to prove the efficacy of the concept. Blockchain could bring solutions to issues faced in an wide scope of sectors, including asset management, pensions, payments, or even real estate and law. In these fields, blockchain could provide

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a transparent information structure to share data equally between stakeholders. These ones could then interact with the blockchain ledger according to their functions, triggering a fast, reliable system based on automated contracts.

In the payments sectors, solutions are being developed and used to facilitate instant cross-border payments. In capital markets, blockchain provides a new way to raise substantial funds in a record time via the tokenization of assets and Initial Coin Offerings (ICOs), and is the basis for cryptocurrencies.

Yet, major roadblocks subsist However, these far-reaching solutions have yet to overcome regulatory barriers, a major issue to be tackled. In the case of ICOs, a serious lack of harmonisation at an international level prevents the technology from reaching its full potential, and the amount of ICO scams means there is much work to be done to go beyond proof of concept. In China and South Korea, the practice is plainly banned, whereas in the US, Switzerland and Japan it is a legitimate way to secure funds.

Issues regarding the status of cryptocurrencies are raised as well, as they can be both considered as securities or currencies.

the technology is undeniable, demonstrated already today in some cases, and expected to foster better financial structures in a near future. Start-ups based on the technology sprouting globally are a good measurement of the potential impact of such solutions.

The involvement of large financial institutions and corporates such as JP Morgan, Goldman Sachs and IBM, to name a few, is an even stronger indication of the applicability of blockchain.

The next pages give a sample of the parties involved with the technology and working towards a successful integration within the financial services industry.

Other technical barriers are slowing the technologyâ&#x20AC;&#x2122;s implementation, such as the amount of energy needed to fuel it (cryptocurrencies are expected to consume 0,5% of the worldâ&#x20AC;&#x2122;s electric resources this year), or speed issues rendering the solutions less efficient than current systems. It is however very likely that these barriers will be eclipsed over time.

An undeniable potential Whereas blockchain is frequently applied to problems with solutions that do not ultimately require the technology, the concept has proven to be able to deliver efficient services. The potential offered by 233

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DATA & ANALYTICS Data will be the currency of our century. It is a crucial part of business processes as diverse as fraud detection, governance and sales prediction in industries such as as logistics, banking, insurance and healthcare. Big data, which refers which refers to large, highdimensional datasets, is becoming widely available, fueled by the progress of real-time data sources such as the Internet of Things (IoT) and mobile devices, in a world becoming ever more connected.

Data, data and some more data It is estimated that by 2025, there will be almost 5,000 interactions between an individual and

connected devices per day, a tenfold increase from today. The amount of data resulting from these will have artificial intelligence for interpret. Models based on the technology are trained on data, and their performance depends on the size and quality of the data they are fed, announcing a huge potential for such concept. These models also enable sophisticated analysis and usage of new datasets. Artificial intelligence has been propelled into the mainstream, moving from being an obscure research topic for computer scientists to becoming embedded in various business processes. Internet giants are becoming AI-driven companies, incorporating the technology into most of their products.

What are the trends shaping the industry?

Three main trends are currently shaping the big data and artificial intelligence fields. First, big data will keep becoming larger. By some

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estimates, in 2025 there will be 163ZB of data in the world, a tenfold increase from 2016. Second, data is increasingly moving from personal computers to the cloud, enabling cheaper storage and processing, as well as greater availability of data anytime, anywhere. Third, whereas the first era of the personal computer was that of software, AIâ&#x20AC;&#x2122;s rise is likely shift corporationsâ&#x20AC;&#x2122; focus to hardware, which must be tailored for each application of the technology.

Many startups producing AIrelated hardware are well-funded and aim to take on the big players of the field, such as Intel and Nvidia, which would have been unthinkable a decade ago and points towards room for innovation in the sector. Besides greater availability of data, technological progress is a result of the advent of artificial neural networks, which enable a new approach to artificial intelligence: deep learning.

insights in credit-worthiness. big Data will provide a basis for risk management practices.

Challenges are to come While the road ahead is undeniably exciting, it also presents serious challenges. The collection and processing of sensitive or personal data come with privacy and security risks. As we give more power to autonomous systems, we must also be ready to tackle the fairness issues they pose, since they are prone to bias and discrimination. For these reasons, GDPR sets out to establish strict rules on data collection and processing. Its implementation will be an important factor in the evolution of data and analytical tools.

In the finance industry, data analysis and AI are growingly used in a wide spectrum of processes such as credit scoring, stock analysis and security. Behavioural sciences based on the technology are becoming essential. For instance, they can be used to forecast spending patterns in the lending sector, providing precise 237

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frosha.io

fundrbird.com

geophy.com

inno-sight.nl

iseemore.nl

kamphuisgroep.nl

mezuro.com

micompany.nl

ngdata.com

os-is.com

owlin.com

planviewer.nl

processgold.com

qbizinc.com

quantalus.nl

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relay42.com

savision.com

suburbia.io

synerscope.com

teradata.com

whatifolution.com

wolfway.co

xseed.nu

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TECHNOLOGY SERVICES PROVIDERS Technologies Fintech without any shadow of a doubt is heavily dependent on technologies. At the same time, it is a sector that seeks to maximise the use of available technologies to change how financial services and products are created and used, and ultimately, how society functions. Thus, fintech is both an exercise in technology use and a collaboration between different actors to deliver products and services, like payments and cybersecurity, making technology the means that supports and remains at the forefront of innovation at the same time.

The Landscape While some fintech companies develop their own technological solutions and services, many look outside their own doors for their development, implementation, and monitoring. These solutions and services vary in nature as much as the companies that provide them.

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For example, there are hard-lined IT companies which deliver services like cloud sourcing, management, and security and customised IT solutions to financial institutions and fintechs. On the other hand, there are technology brokers who bring together financial institutions and solutions providers in need of services like compliance and risk monitoring, transaction monitoring, hosting, and assistance with big data, and software development outfits crafting tailored solutions to turn clientsâ&#x20AC;&#x2122; ideas into reality.

In this landscape, the actors can be both large, like IBM, and small start-ups working on emerging technologies like blockchain.

The Tech Discussing the impact of technologies in a sector like fintech can seem vague because the sector is defined by a marriage of the worlds of finance and technology.

Yet at present there are numerous technologies that are being employed across the fintech sector to streamline processes, automate client services, assess credit, make financial transactions, build fraud detection models for financial transactions, and more.

Specifically, technologies that are leaving their mark on financial services and fintech are big data and the related artificial intelligence (AI) and machine learning (ML), application programming interfaces (APIs) and blockchain. Each of these technologies plays a different role within the fintech landscape. For instance, AI and ML can be used for fraud detection modelling while APIs are a critical component to the future open banking environment, which is fuelled in Europe by the inception of the second Payments Services Directive.

paramount. In the coming years, regulators will continue to play fundamental roles in setting the boundaries of technologies in fintech as financial services become more integrated into individualsâ&#x20AC;&#x2122; everyday lives. The mix of technological innovation and regulation framing harmonized and secure infrastructures, as witnessed today within our economy, will form the shape of financial industries in the coming years.

In the following pages are presented a sample of such technology providers, reflecting the array of actors currently driving innovation forward.

The Road Ahead With this technological proliferation in financial spaces we are currently seeing comes issues of data security and privacy, making verification and transparency surrounding data-sharing 241

atos.net

basefarm.com

capgemini.com

sporebi.com

conpend.com

corteccia.net

datasine.com

delightle.com

estrrado.com

eurofiber.com

finfiles.nl

finosglobal.com

gracesystems.nl

nl.ibm.com

interoute.nl

intersoftware.nl

leosdigital.com

levi9.com

lexteq.nl

ordina.nl

outsystems.com

quantstore.com

sourceful.nl

sqream.com

topicusfinance.nl 242

STRATEGY, ADVISORY & SUPPORT Legal services, strategic advisory, ecosystem organisations, and technical and business support are key functions to ensure the fintech success. These entities give actors in fintech spaces the knowledge guidance and framework necessary to spur innovation.

Innovation needs to be steered One of the most important functions of consultancies is their advisory roles. In the fintech environment, actors such as banks, fintech companies, pensions, and payment service providers need guidance to understand the markets and customers they serve. Consultancies, from those like the Big Four to smaller, niche players, deliver critical financial, management, and business

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consulting services to the financial services sector. These activities are often wide-ranging, covering topics like regulation, digitisation, business and communication.

Services offered by consultancies can vary from advising to creating sector reports and working with companies to develop strategies to support forward-looking business models.

The Law can help Fintech has and will continue to be a disruptive force in the financial services space. This innovation comes, naturally, with legal issues.

For instance, companies seek

to navigate intricate laws and regulations that do not always support innovation to deliver their products or services. Thus, law firms can help in a number of ways, from assisting them in creating regulatory-compliant tech solutions to offering a broad range of services to financial institutions, including advising and mergers and acquisitions.

standards. Moreover, professional services providers and their roles as knowledge brokers will contribute to increasing the visibility of fintech and bring together different actors in the fintech landscape for fruitful partnerships.

These latter services are particularly interesting as fintech is a space that includes many smaller players who challenge financial institutions that seek to complete their offer with these more agile entities by innovating in-house. At present, the fintech industry is being defined by collaboration between banks and fintechs, which can include joint ventures or complete takeovers, all requiring specific legal knowledge.

Watch this space Consultancies, law firms, ecosystems organisations and technology support in fintech provide indispensable services in directing innovation. As fintech and all of its related technologies and developments continue to advance, professional service will remain critical to both fintechâ&#x20AC;&#x2122;s success and the financial services industryâ&#x20AC;&#x2122;s ability to deliver better products and services in an innovative manner, while staying in line with ethical and legal 245

24sessions.com

accenture.com

advisionfinance.nl

aic-sf.com

allenovery.com

iamsterdam.com

arthurslegal.com

bakermckenzie. com

benvalor.com

cegeka.com

cliffordchance. com

cms.law

cobran.nl

cognitomedia.nl

creativedock.com

cubecumulus. com

debreed.nl

deloitte.com

developmentandprosperity.org

drebbel.eu

endymion.amsterdam

eversheds.nl

ffp.nl

fglawyersamsterdam.com

financialassets.nl

finitiativepr.com

fintechrecruitment.nl

fintechfans.com

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florinapp.com

focum.nl

getacryp.com

globalbusiness. academy

greleaf.nl

hetstrategiekantoor.nl

holtropravesloot.nl

igh.nl

indigo.amsterdam

innopay.com

kvdl.com

kpmg.com

loyensloeff.com

lubbersdejong.nl

makingstrategywork.nl

meijburg.com

nvb.nl

noab.nl

novitasftcl.com

olympusadvisory. nl

oneloan.nl

orangecloverlaw. com

orchardfinance. com

paymentcounsel. com

pensioenfederatie. nl

thepmocompany. com

protiviti.nl

purpose.nl 247

redsnap.nl

rembrandtparkgroup.com

rolandberger.com

sia-partners.com

spksearch.com

startupbootcamp. org

vfvp.org

stormdelta.com

synechron.com

tdshepherd.com

the-future-group. com

businessagency. thehague.com

theheart.tech

thepaypers.com

thorofinance.com

turner.nl

ugoo.nl

valueatstake.nl

vandoorne.com

womeninpaymentsnetwork.eu

yellowtail.nl

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THE OPPORTUNITY TO INCREASE FINANCIAL AND DIGITAL INCLUSION Don Ginsel

Holland FinTech The world is an unequal place, where people are divided between haves and have-nots. But it’s an artificial world, where mankind has created a social and economic framework that drives these differences. That is one of the main reasons that when a wind of change comes along, there are always people that see this as an opportunity to escape their position. And this time it’s all about technology, fuelling hope and driving change.

But technology has a strange nature. It is used daily by everyone, believed to be transformational by many, but understood by few. It’s interesting to see how the potential of technology always sparks hope for change for those who seek change or opportunity, and how it embodies fear for those who 250

want to maintain the status quo.

And let’s be frank, people who do well generally are those who want to maintain that situation. As the English often phrase it: “necessity is the mother of invention”, the motto that drives us every day.

We believe that by showing change, and making it tangible and accessible, we can make people aware of the necessity to change themselves, and start innovating. But that is not an easy thing to do, especially in an industry that has well paid staff, conservative regulators and much legacy in both operations and culture - Financial Services.

Everywhere were interest are big, and stakes are high, change comes slowly. But this is where Fintech comes in: an external pressure to make financial services innovate.

In the wake of the financial crisis, with an increased accessibility of technologies, like smartphones, there was a fertile ground for startups to start aiming at financial services market. These “fintech” startups, were, traditionally, first ignored then mocked, and finally feared. And it was the fear that first got traditional players to start caring about these developments.

Disruption and revolution were part of many Fintech story at first, but gradually we began to understand that things don’t change overnight. But change is coming, slowly but steadily.

Now fintech is the domain of everyone involved in the financial value chain, from the true startup innovators to the boardrooms of large financial institutions, acknowledging its transformational power of the industry. This is also reflected in the growth that Holland FinTech has gone through since. We now connect over 370 member companies, providing us with a solid and still growing base. But also the ecosystem as a whole has grown tremendously as is shown through the evolution of the Dutch Fintech Infographic over the years. This book aims to give an even better insight in the thriving Dutch fintech scene.

One of the most significant developments has been the diversification of the fintech ecosystem, moving from solutions mostly driven by open banking to the development in solutions in regtech, insurance and pension industry (insurtech & pensiontech).

It has always been our believe that fintech innovations are not limited to the financial services industry alone and is cross-sectoral by nature. A good example was our Logistics & Fintech programme which showed how not only the financial industry is transformed by fintech, but how different industries can apply these new solutions. In the end, digitization merges all industries. That’s makes every party a potential competitor, but also a potential partner.

Our members, like many parties in the ecosystem, subscribe to the view that innovation starts with an open mindset and sharing of knowledge, needed to gain a common ground and better understanding of how new technologies impact the world around them. Many are even ready to start sharing knowledge and projects with competitors. The impact goes beyond corporates and startups providing financial services, as all stakeholders of the value chain feel impact and can make impact. Whether you are a founder of a tech startup, a product 251

manager at a technology firm, a board member at a large financial institution, a consultant, a lawyer or a supervisor.

In the last four years we have seen that, although technological innovation plays a huge part in financial innovation, the regulatory environment and customer adoption are equally important in fostering innovation. As PSD2, MiFID2 and GDPR have been instrumental in driving innovation, we also seen a strong leap in awareness of end users in the use of technology. Although lately the public debate has focused on the downside of technology it is essential to keep a balanced and honest view on the upsides of what these new technologies have to offer in creating better and cheaper solutions for all.

To create more entrepreneurship in general and fintech in particular there is also a need for government support in creating a competitive business environment where innovation can thrive. While the Dutch regulators have taken some important steps, e.g. the creation of the innovation hub, a better coordinated effort by national and local governments is needed in reinforcing the Netherlands as fintech hub. More focus is needed in stimulating more open competition, invest in talent and 252

skills, removing administrative hurdles and create balanced regulatory requirements as well as better access to capital. In other (EU) countries we have already seen this awareness and the start of initiatives to support the local ecosystems.

In the coming period, Holland FinTech will stay committed to stimulating diversity and accessibility of financial services and views, as well as educating the market regarding technological opportunities (and limitations) as an important means to this end.

We are looking forward to continue this journey together with you.

ABOUT HOLLAND FINTECH Holland FinTech is an independent ecosystem that offers equal chances to all its members to do business in an ever-changing financial value chain. Holland FinTech provides access to knowledge, a network, investments and talent. Since 2014, Holland FinTech connects people and organisations that believe in the power of innovation in financial services, allowing consumers and businesses to profit from progress and development. Holland FinTech connects more than 370 members, ranging from traditional parties to innovative start-ups, spread across all product and sector boundaries.

Holland FinTech is committed to stimulating diversity and accessibility of financial services and views, educating the market regarding technological opportunities (and limitations) as an important means to this end.

“As a society we have to decide in which direction we want to apply the myriad of Fintech innovation around us, it is technology, market and societal change and ethics in one.

At Holland FinTech we go full circle and inclusive and beyond borders.”

Conny Dorrestijn “We strive for our platform to be the connector in the Fintech industry, enabling the creative and entrepreneurial to help the existing financial services rearranging itself around the consumer by using data and technology in a combined way. Very exciting!”

Annemieke Jordans “Holland FinTech provides an integral approach to deal with the changing landscape in finance. All stakeholders can find relevant means to get access to state of the art technology and insights, essential to stay relevant. Picture it as an extensive car washing lane, built to prepare organisations for the future.”

Dimmes Doornhein “Fintech means many things to many business leaders and a lot appears to be going on. However it is essential to feel the undercurrent to this, which is the digitisation of information and trust. Holland Fintech helps you to separate ‘the noise from the signal.”

Douwe Lycklama a Nijeholt “Holland Fintech enables efficient one-stop access to the global fintech ecosystem providing 24/7 up-to-date news, knowledge & insights on the key trends, direct & unrivalled contact with thought leaders in its 300+ global members network, partner and investment community.”

Ronald Kleinveld 253

ABOUT THIS PUBLICATION Copyright Š 2018 by Holland FinTech All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, write to the publisher, addressed at the address below.

Holland FinTech PO Box 77667 1070 LG Amsterdam www.hollandfintech.com Ordering information: For details, see www.hollandfintech.com/fintechbook