BankingBusiness

ABN Amro: Introduces fractional investing infrastructure for commercial clients

ABN Amro: Introduces fractional investing infrastructure for commercial clients

  • ABN AMRO Clearing is pleased to announce a new infrastructure for business clients such as brokers
  • Fractional investing is a method of investing in part of a share, instead of needing to buy a full share
  • Neobroker BUX is the first client to start using this new feature
  • The new infrastructure has been an immediate hit, and BUX’s clients have already made over ten thousand fractional investments
  • In the US, fractional investing has been around for some time and has become hugely popular
  • Smart and reliable technologies are creating more and more opportunities for customised investor services
Previous article
Vajro: Raises $8.5M in Series A Funding
Next article
Moneycorp: Extends payments coverage to ‘hard to reach’ destinations
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...
FinTech

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...
FinTech

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...
FinTech

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...