High Tech Firm VDL to Build Plant in Vietnam
Dutch high-tech company VDL on Wednesday, March 20, announced its intention to build a new factory for the production of components for making chips in Vietnam.
Netherlands
ASML Orders Surge to Record in Q4
ASML Holding, a Netherlands-based manufacturer of equipment used in the chip production process, on Wednesday, January 24, released profit data for the fourth quarter of last year.
BNPL Provider Billink Raises $32 Million
Billink, a Buy Now, Pay Later (BNPL) service provider, has announced that it has managed to raise $32 million in investment funds.
ASML Suspends Some China Exports
The Dutch company ASML, which specializes in the manufacture of equipment for the production of chips, announced an order received from the Netherlands government to stop supplying some of its products to China.
Bunq Unveils GenAI-Platform
Dutch neobank launches a Generative AI-driven platform to replace the outdated search function on its banking app.
Gemini to Leave Dutch Market by Mid-November
The crypto exchange Gemini is currently unable to meet Dutch regulators’ requirements.
N26 Integrates iDEAL Online Payment Standard
German online bank N26 enables the most popular online payment method in the Netherlands – iDEAL
Netherlands to Restrict Chip Equipment Exports
The Netherlands reported on the decision to restrict the export of certain equipment that is necessary for the production of semiconductors, to China.
Binance Exits Netherlands
Binance Holdings announced that it had decided to leave the Netherlands after unsuccessful attempts to pass the registration procedure with the financial authorities of this country.
Backbase Acquires Digital Wealth Platform Nucoro
Backbase, a global provider of banking software, has acquired London-based firm Nucoro.
Insify Raises $10.7 Million for Its Business Insurance Startup
The startup Insify, which is based in Amsterdam and specializes in providing business insurance services, has attracted investment funds in the amount of $10.7 million following the results of the last stage of the Series A financing round.
Dutch Watchdog Wants to Know How ChatGPT Handles Personal Data
The Dutch privacy regulator has sent a letter to the creators of ChatGPT OpenAI, which contains a request to clarify the algorithm for processing confidential user information.
Bunq Eyes US Market: Applies for Licence
Dutch neobank bunq is “bringing the bank of The Free to the land of The Free” with a new application for a banking licence with the FDIC
Dutch Rail Network NS to Roll Out of Contactless Open Loop Fare Payments
The Dutch railway operator NS has announced the launch of a contactless open-ended fare payment system as part of its OVpay service.
Dutch Central Bank Fines Coinbase
In the Netherlands, the cryptocurrency exchange platform Coinbase was fined.
Payments Platform Sprinque Raises €6 Million
The Dutch B2B payment platform Sprinque has attracted initial financing in the amount of 6 million euros.
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