Amsterdam has a history of financial innovation. It was in the Dutch capital that the first joint stock company and the first central bank were established. Eventually, Amsterdam became the centre of the Dutch banking sector and leading financial centres in Europe.
There are over 200,000 jobs in the Dutch finance sector. And a large chunk of these fintech jobs is in the Amsterdam Area. The city is home to a slew of major Dutch banks such as ING and ABN AMRO and also home to offices of over 50 international banks.
What makes Amsterdam stand out in fintech? Well, the city has a combination of a strong fintech sector, entrepreneurial spirit, and vibrant startup scene. Also, there are big players such as the fintech unicorns Adyen and Mollie. These fintech successes of Amsterdam have inspired many entrepreneurs to launch their fintech startups in 2020 despite the COVID-19 pandemic crisis. Here, we have listed the Amsterdam-based fintech startups that were launched in 2020, as sourced from Dealroom.
Insify
Amsterdam-based Insify, founded by Koen Thijssen, claims to be the insurance designed for entrepreneurs. Insify touts to ensure that you can focus on what really matters. It claims to take business insurance 100 per cent digital, 100 per cent online and 100 per cent how insurance should be – with less manual work and questions.
Verne
Verne based out of Amsterdam claims to be a leading IT partner that enables digital transformation of insurance companies and service providers. With this platform, IT will not be a bottleneck in realising ambitions. Verne platform is secure, open, configurable and based on best practice processes and results in a smart and flexible solution.
Helios Staking
Helios Staking founded in September 2020 aims to make staking accessible to the everyday cryptocurrency investor by doing the tech-heavy work and managing the day-to-day operations. Helios touts to offer investors a simple way to earn rewards by staking their coins while only charging a small percentage fee.
Green Chi Holdings
Green Chi Holdings, founded by Henk Abbink, Emile Westergaard, and John Weeden, is an investment, education and media platform, which claims to improve quality of life and foster sustainable, circular, inclusive and cradle2cradle thinking in products, solutions and services.
Blockspot
Blockspot.io claims to be one of the largest blockchain databases. Its operational goal is to be an informative platform for all topics related to blockchain technology. Its aims to achieve that goal by providing investors and enthusiasts with reliable and accurate information about blockchain projects and companies from all over the world. The company claims to grow its database continuously with new data and is kept up-to-date using various data validity techniques.
If your Amsterdam-based fintech startup was founded in 2020 and not included in the list, let us know, we will make sure to add it.