FinTech in Amsterdam

Amsterdam has a rich history of financial innovation. The world’s first central bank was established here, as was the first joint-stock company. Today, it's the centre of the Dutch banking sector and a force in FinTech, making it one of Europe's leading financial centres.

  • #1 Global Green Finance Index
  • #1 worldwide in language skills
  • 200,000 jobs in finance & FinTech in the Amsterdam Area
  • Home of the world’s first stock exchange
  • 30% tax advantage for highly skilled migrants
  • Outstanding physical and digital connections

A thriving financial centre

Amsterdam has long been a leader in finance. Since as far back as the Dutch East India Company’s introduction of tradable stocks in 1602, the city has been a pioneer. It was the first European city to open an options market – the European Options Exchange in 1978 – and Dutch banks were frontrunners in introducing online and mobile banking. Today, the Netherlands’ finance sector provides 200,000 jobs, with an additional 20,000 people working in FinTech; the large majority of these finance and FinTech jobs are in the Amsterdam Area. In addition to the headquarters of the major Dutch banks ABN AMRO and ING, the capital is home to offices of more than 50 international banks, including NorinchukinICBC, the Bank of Tokyo-Mitsubishi and the European Investment Bank (EIB)In addition, the city has been named one of the world’s leading centres for green finance by the Global Green Finance Index.

Innovative and entrepreneurial

But what Amsterdam stands out in even more is FinTech. The city’s winning combination of a strong financial sector, successful tech ecosystem, vibrant startup scene, entrepreneurial spirit and high adoption of new tech makes it the ideal base for FinTech businesses. Named a European Capital of Innovation in 2016, it is home to hundreds of companies that make living up to that name their order of business. Top FinTech events take place in Amsterdam every year, including Money20/20 Europe, which covers 12 industry-spanning themes and brings together over 350 influential speakers.

Local startups meet international players

Amsterdam’s first unicorn, the payment service Adyen, comes from the FinTech sector. At $8.3 billion, it is now the most valuable FinTech startup in the European Union. A number of Dutch startups, such as Ohpen, Buckaroo and EclecticIQ, are following in its footsteps and making new advances in the fields of payments, banking software and cyber security. International FinTech players (including Azimo, Currencycloud and PayPal) increasingly choose Amsterdam as a European foothold.  The world’s most important FinTech conference, Money 20/20, held its 2018 European edition in Amsterdam, confirming the prominence of the city’s FinTech ecosystem. It will return to the city in 2019, with amsterdam inbusiness present.

Talent in Amsterdam

The FinTech ecosystem is bolstered by a modern, productive, flexible and internationally oriented workforce. Education levels are high – more than half of the city’s residents between 25 and 64 have a degree, and most of Amsterdam’s residents speak English well and are often fluent in one or two additional languages. The Netherlands and Amsterdam regularly score highly in the EF English Proficiency for Companies surveys, which evaluate English skills among the global workforce, and came first for language skills in the IMD World Talent ranking 2018.

A connected city

The largest data transport hub in the world, the Amsterdam Internet Exchange (AMS-IX), is located in the city, which has flawless digital credentials. As for physical connectivity, the Amsterdam Area offers full access to the European market: Amsterdam Airport Schiphol is centrally located and flies to more than 300 destinations, and high-speed rail services make it easy to work while travelling from Amsterdam to London, Paris, Brussels and Berlin.

Assistance with setting up in Amsterdam

amsterdam in business, the official foreign investment agency of the Amsterdam Metropolitan Area, helps with setting up in Amsterdam. It offers advice on fiscal, legal and regulatory frameworks, and has a dedicated point of contact with the DNB and the AFM. Find out more.

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