ABN Amro-Backed Youth Neobank BUUT Goes Live

Hi Digital Banking Fanatic!

Starting today, with news from my home country, Dutch bank ABN Amro has gone live with its latest neobank spinoff: BUUT. The app is now available for download on both Google Play and the App Store.

Launched initially in Dutch, BUUT is designed for teenagers and their parents — helping young people manage money through simple “pots” for payments and savings. The app is fully visual, easy to use, and comes with a personalized feed of financial tips from experts, peers, and educators.

BUUT users can:

• Create pots for everyday spending (like clothing or snacks) or savings goals (like a new phone).
• Pay directly with a BUUT card linked to a chosen pot — if the pot is empty, no more spending.
• Earn 3% interest on savings up to €1,500 and 1.5% above that.
• Send and receive Tikkies directly from pots.
• Start off with €25 credit once an allowance is set up with parents.

BUUT joins ABN Amro’s growing portfolio of digital brands, alongside Tikkie and BUX.

Former BUX CEO Yorick Naeff, now Head of Innovation at ABN Amro, is overseeing the project.

More global news updates are listed for you below, and you'll see me back in your inbox tomorrow!

Cheers,

Marcel

PODCAST 

🎤 In this Q&A episode of Connecting the Dots in FinTech, we sit down with Mary Wisniewski, a former journalist turned FinTech content leader. From her journey into FinTech to the critical role of clear, human-centered communication, Mary shares insights on what companies often miss when trying to connect emotionally with audiences, the importance of media transparency, and how content can drive financial inclusion. You can also listen to us on Spotify and Apple Podcasts

NEWS

🇳🇱 Neobank BUUT is now available. BUUT, the new bank from the creators of Tikkie is available for download. Designed specially for teenagers and their parents, BUUT helps young people take control of their money using handy pots that make payments and saving money easy.

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🇬🇧 Revolut founder to become one of Britain’s top 10 richest businessmen as share sale gives huge valuation. Nikolay Storonsky has around a 25 per cent holding of the firm, meaning his personal wealth will grow to more than $18bn, putting him in the top 10 richest businesspeople in the UK.

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