You are currently viewing Amsterdam-based fintech Blanco raises €3M; appoints new co-CEO

Amsterdam-based fintech Blanco raises €3M; appoints new co-CEO


Blanco WealthTech, an Amsterdam-based fintech that develops technology for wealth managers, announced that it has secured over €3M from current investors and new industry experts. 

Existing investors include Volta Ventures, Dutch Founders Fund, KBC Focus Fund, and Capiva Plus Fund. 

It’s International Women in Science Day: These 13 female founders of Amsterdam excel in STEM

These are the women in science of the Amsterdam startup ecosystem.

These are the women in science of the Amsterdam startup ecosystem. Show Less

The company says the new investment will enable Blanco to cement its position and further automate and scale up its operation.

Appoints Johan Verschelden 

In addition to the funding, the Dutch fintech company also appointed Johan Verschelden as co-CEO, replacing founder Bernadette Wijnings, who focused on the internal organisation (HR, development, operations, customer service) and investors. 

“Blanco is a fantastic company with an incredibly motivated and professional team. I am honoured to take on the co-CEO role and work with this group of people to build on our market leadership. Now that Blanco has outgrown the startup phase, we will focus on further professionalising and improving our services to the 150+ clients we currently serve,” says Johan Verschelden. 

“We are extremely pleased and honoured that industry experts are once again joining the rich group of shareholders that Blanco has and that, in addition, our existing shareholders are expressing their confidence again. It is our mission to automate and facilitate the processes of asset managers as much as possible, and we work every day to do it even better for them,” he adds. 

Bernadette Wijnings, founder and former co-CEO, says, “I have enjoyed setting up Blanco and building it into the company it is today. In the coming period, the focus will be on execution: increasing the delivery capacity and making the operation more scalable. Tasks to which Johan’s profile fits extremely well.”

Co-founder Joost Walgemoed will continue in the role of co-CEO, with a focus on commerce.

Walgemoed says, “To give our ever-growing group of customers the time and attention they deserve, I will continue to focus on the customer side as co-CEO so that we continue to develop products and services that actually solve their problems

Blanco: What you need to know

Founded in 2015, Blanco develops technology for wealth managers that automates the entire wealth management process. 

The platform consists of a KYC and Compliance Suite as well as an Investment Suite, allowing asset managers to focus on client contact and advice efficiently.

At present, the company employs over 50 full-time employees. Blanco’s solutions are used by 150 financial institutions in six European countries. The company is expanding its market share in Belgium and implementing its first customers in Germany.


Fintech Files Powered by AWS

In the new section Fintech Files, in collaboration with AWS, we are keeping tabs (pun intended) on the thriving fintech industry in the Benelux. Want to learn more about the benefits of the cloud, or talk to one of their experts? Visit AWS Startup Loft to register for the latest events, get free 1:1 support from AWS experts and discover more resources. Build and scale your (fintech) startup with $1,000 in AWS Activate credits, free tools, technical support and training to quickly get started with AWSLearn more about AWS Startup Loft.

MEWS’ CEO on his thriving SaaS for hotels

How partnering up with Salesforce helped him succeed!

How partnering up with Salesforce helped him succeed! Show Less



Source link

Leave a Reply