Brex Picks Amsterdam for Its European Debut
Hey Digital Banking Fanatic!
Brex just flipped the script, is expanding from the US into the EU, with a wink at the UK next. Usually, it’s the other way around.
Has any other digital bank pulled this off before? I couldn’t think of one. Can you? Let me know in the comments 👇
Also, solid move picking a license in the Netherlands!
Welcome to Amsterdam, Brex, my hometown and the perfect launchpad for your European expansion. 😉
Keep scrolling to find more on Brex and all other digital banking news 👇
See you Monday!
Cheers,
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NEWS
🇪🇺 Brex secures EU payment institution license, unlocking next phase of global expansion. With this license, Brex is officially authorized to operate across the entire EU, offering direct issuance of commercial credit cards and payment origination capabilities, including direct debits and credit transfers.
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🇬🇧 Tide Rewards launches to help small businesses save more on everyday spending. Members can earn cashback when using their Tide card in-store at participating UK retailers. The cashback offers, available through the ‘Rewards’ section of the Tide app, cover over 100 well-known brands.
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🇰🇷 South Korea's KakaoBank explores stablecoin issuance and custody services. The bank leverages its technical experience from central bank digital currency projects and existing crypto infrastructure. With plans to actively participate in the fast-growing market valued at approximately $275 billion.
🇮🇹 Bluefin partners with Raiffeisen on payment security in South Tyrol. This collaboration brings a new level of payment and data security to All-In-One payment devices across Italy’s South Tyrol region. By leveraging the expertise of Bluefin, businesses will benefit from robust security and efficient payment processing.
🇺🇸 Wells Fargo enlists Google Cloud for agentic AI play. The expanded relationship will see employees, including branch bankers, investment bankers, marketers, and customer relations and corporate teams, with AI agents and tools, taking advantage of Google Agentspace, a unified platform to build, manage, and adopt agents at scale.
🇮🇱 Israeli FinTech co Capitolis raises $56m. Capitolis founder and CEO Gil Mandelzis stated that the investments will support the company's continued growth and expansion in the capital markets, building on its strong business momentum. Continue reading
🇳🇱 Triodos Bank appoints new CTO and CIO. The Dutch bank has appointed former ABN Amro exec Suzanne Schilder as CTO, and promoted Barbara van Duijn to CIO. The appointments will come into effect after the bank's extraordinary general meeting on 26 September 2025.
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