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ABN AMRO to acquire Amsterdam-based neo-brokerage platform BUX: Here s why

ABN AMRO Bank, on Thursday, announced that it has reached an agreement to acquire Amsterdam-based neo-brokerage platform BUX.

Amsterdam s neo-broker BUX rebrands BUX Zero: Here s why

Amsterdam-based BUX, a neo-brokerage platform, has announced the completion of the rebranding of BUX Zero to BUX. 

Amsterdam s BUX raises €67 million in a funding round led by Prosus Ventures and Tencent

Amsterdam’s BUX raises €67 million in a funding round led by Prosus Ventures and Tencent the neobroker in Europe. To help accomplish this mission, they’ve raised €67 million in a funding round led by Prosus Ventures and Tencent. New investors ABN Amro Ventures, Citius, Optiver, and Endeit Capital and existing investors HV Capital and Velocity Capital Fintech Ventures participated in the round. “Traditional financial market investing comes with a lot of friction and we firmly believe in the democratization of access to financial services for the next generation of investors. The existing solutions are expensive, complex, and not designed for younger generations,” comments Prosis Ventures’ Sandeep Bakshi. “BUX has built the next generation of investing services that are low cost, convenient and intuitive for even the newest investor, while covering the full spectrum of investment options, including cryptocurrencies.”

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