BUX, the Netherlands based tech company that is disrupting the trading experience has announced a partnership with the well-known payments facilitator, Tikkie. With this announcement, BUX becomes the first broker in the Netherlands to offer Tikkie as a payment method and this will also be the first fintech partnership for Tikkie. The partnership will result in a new payment method available for BUX Zero customers. The new BUX Zero app enables users to invest in stocks commission-free.
BUX and Tikkie’s partnership
With the announcement of a partnership, BUX Zero users will get Tikkie as a payment method to fund their accounts. This will enable users to swiftly transfer funds from their bank to brokerage accounts, which with a traditional broker can take anywhere between a few hours to a few days.
“Investing in the stock market should be simple and fast, and with BUX Zero we’re providing a platform for first-time and veteran investors alike that can get you investing in a matter of minutes,” says Nick Bortot, CEO & Founder, BUX. “By partnering we are combining the best of what Tikkie and BUX have to offer – a fast and familiar payment method with a seamless investing experience.”
“We are very proud to be collaborating with BUX on this integration. This cooperation demonstrates how the ease of experience that more than 6 million Tikkie users are used to is able to enhance the user experience on platforms such as BUX Zero,” says Moreno Kensmil, Head of Marketing at Tikkie. “We are looking forward to offering our API integrations on many more platforms in the future. Currently, a large proportion of our 10,000 business customers are already using the API. We hope to continue to grow in this area in the coming period with the release of our updated API”
BUX is a tech company operating in the world of finance. It launched its app back in 2014 and has over 2 million users across Europe. It was founded by Egbert Pronk, Joost van de Wijgerd, Nick Bortot and Robbert Bos. As per Dealroom, the company has raised about €27.3 million of total funding till date.
Tikkie is an app that allows users to request micropayments or payments. It was launched back in 2016 by ABN Amro and users can request others for any amount via messenger, SMS, QR code and WhatsApp. The service has amassed over 6 million users and the way it works is that one needs only a Dutch current account and an active Dutch number. It supports a wide variety of banks as well.
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