Europe is witnessing a fintech revolution, some credit for the development of this industry could be given to Brexit and the implementation of GDPR. Earlier, fintech companies were considered potential rivals only to the traditional financial services but the situation has changed now with the introduction of several categories within this sector.
These days, everything from the peer-to-peer transfer, open banking, blockchain, etc. are considered fintech startups. Some companies are advanced and offer secure transactions for their customers. These payment companies ensure to simplify the invoice process. Some offer additional features such as payment tracking as well.
As the Netherlands has a thriving startup ecosystem in Europe, here we have curated a list of fintech startups that offer payment solutions to users in the Netherlands.
Founders: Pieter van der Does, Arnout Schuijff
Funding: €293 million
In 2006, Adyen was built to simplify and accelerate global payments. The existing payments technology comprise a patchwork of systems built on dated infrastructure. It has been founded with the aim to help businesses grow and meet the evolving requirements of fast-growing global businesses right now. Adyen makes a difference by focusing on modern infrastructure to build the payment platform, which is connected to local payment methods. It offers a unified experience and shopper data insights to merchants.
BitFury Group (Amsterdam)
Founders: Valery Vavilov
Funding: €155 million
BitFury was established in 2011 with the intention to make the world more transparent and reliable. It made it possible by innovating software, hardware and security levels. Now, it is one of the world’s leading blockchain technology company. It develops cutting-edge solutions for organisations, businesses, governments and individuals move assets securely across the blockchain.
Founders: Edwin Vlieg, Joost Diepenmaat
MoneyBird founded in 2008 is the fastest way to create and send invoices online and keep track of them, which will save time. It is ideal for service providers and freelancers and is easy to use. MoneyBird frees you from restrictions in Word & Excel and offers simplicity while other bookkeeping software are complex to use.
Founders: Raymundo Leefmans, Jan Joost Kalff, Hans Van Leeuwen, David Jokinen
Funding: €5 million
Dimebox established in 2014 develops and markets an online payments platform. It uses machine learning to offer services such as payment gateway, billing and settlement, acquiring processing, data and analytics and fraud prevention solutions. Back in November 2018, Dimebox was acquired by Verifone, a multinational fintech firm headquartered in California.
Founders: Brian Reaves
Funding: €1.5 million
Founded in 2017, Factris offers an online invoice factoring platform for the European SMEs. It reimagines the way factoring is done by simplifying, updating and scaling dated factoring business models. Factris understands your specific business needs and offers a personal touch by delivering quality services that ease the process of invoices and tracking payments. Recently, Factris launched its services in Latvia.
Founders: Niels de Peuter, Pepijn Meddens
Funding: €1 million
Billink is an innovative after-sales payment solution meant for online retailers. Billink founded in 2011 offers customers of online shops the privilege of paying later with the postpay option. This feature lets users pay for the service within 14 days of the purchase. As of now, it has teamed up with over 2500 online shops. However, Billink performs a credit check of its users.
CEO: Edgar Plasa
PayPlaza is an innovative omnichannel payment solution provider founded in 2010. It has developed a revolutionary payment platform with unique solutions for PoS card acceptance. Its services were rolled out across Europe starting from 2012 offering powerful advantages for both clients and partners. The platform uses encryption to meet the highest possible global security regulations. While it is headquartered in Amsterdam, PayPlaza has additional offices in Madrid and Eindhoven.
Founders: Jeannot Bos, Teun Lammers, Tjerk Geersing, Wim Krechting
GoCredible was created in 2015 to address the demands of people for a smart and secure payment solution. Its smart payments API platform includes two solutions – Rabo Safe2Pay and ViaRabo. These are dedicated to providing better service to their customers. This is possible due to the cooperation between Rabobank and GoCredible, which results in seamlessly integrated payment transactions into the customer experience.
Founders: Chiel Liezenberg
OK is an app offering mobile payments be in instore, online or on the road. This app turns your smartphone into a smartwallet and lets you add multiple payment accounts. It also lets you add coupons, loyalty cards, tickets, punch cards and IDs. All these details are integrated smartly and receipts are stored automatically. It is an independent all-in-one solution offering you complete control of the transactions.
Founders: Wouter Meeuwisse
Founded in 2014, Stampwallet is a mobile app, which is used as a marketing tool for businesses. This app comes in a Pro version connecting it to every PoS system in the market including vending machines. Back in 2017, Stamwallet was selected as one of the eleven companies that made their way to the last round of the prestigious Startupbootcamp Fintech & Cybersecurity held in Amsterdam.
Invista Solutions (Nistelrode)
Director: Eppo Loeffen
Invista Solutions, which is in operation since 2015 is an expert in the field of smartphone applications. Its apps have a familiar and user-friendly interface and are flexible and reliable as well. The cash register system from the company is contemporary and offers solutions for leisure, hospitality and events. It also has additional options including cashless payment and offers insights into sales and stock.
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