Emerce Financials: Repetition makes the ecosystem mature

The Dutch fintech landscape has been developing stormily for a number of years with notable successes such as Adyen, Mollie, Bunq and Bux. on Emerce Financials, Tuesday 2 November, Thomas Mensink (Golden Egg Check), Jan Willem Nieuwenhuize (ING Ventures) and Friso Roscam Abbing (Finch Capital) will shine their light on this emerging market.

Due to the success of companies such as Adyen and Mollie, and the knowledge of the hundreds of employees who work here, there is a large growth of new entrepreneurs. Entrepreneurs who have done the trick before and know how to avoid pitfalls.

The repetition helps to mature the ecosystem. Mensink (Golden Egg Check) cites Biller as an example, an AI-powered ‘buy now, pay later’ product for online B2B purchases. “You could call it a love baby of Mollie and Klarna.”

There is more capital than there are good ideas, say the fintech specialists. Yet the emphasis is on financing companies at a later stage of their existence. Funding early ideas is still difficult. If only because the success of those products is often difficult to estimate.

Another development is that the new generation of entrepreneurs is focusing more on making current financial institutions more efficient, rather than competing with them. Perhaps also for self-preservation. After all, they then have potential customers at their disposal.

Jan Willem Nieuwenhuize (ING Ventures) mentions regulations as an example. “Think of scanning organizations for risks associated with privacy legislation.” According to him, large financial institutions are not agile enough to market such a niche product. “We are looking for these kinds of additional specialisms. Let us do the fun things and let others solve the more complex issues.”

What also helps, according to Nieuwenhuize, is that entrepreneurship has a great attraction for students, while previously careers at large companies were considered important.

According to Mensink, Golden Egg Check, a team of analysts and software developers who can ‘select tomorrow’s winners even better’, has conceived a plan to set up a joint fund with financiers to provide even better guidance to promising fintechs.

The panel Netherlands fintech country. At what price? can be viewed for free after registration. Others presentations come from PayPal, Rabobank, Van Lanschot Kempen and Dyme, among others. These will be available on Tuesday, November 2 from 8 a.m.

Source: Nieuws – Emerce by www.emerce.nl.

*The article has been translated based on the content of Nieuws – Emerce by www.emerce.nl. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!