Netherlands-based
ABN AMRO has introduced a new initiative through its payment app Tikkie, developing a full-service bank called BUUT. This move is aimed at catering to the needs of younger customers and aligning with their digital lifestyle.
After the summer of 2025, ABN AMRO plans to introduce BUUT as a neobank that offers solutions tailored to the demands and preferences of young people. In collaboration with the Tikkie team, the bank has designed BUUT to be user-friendly, interactive, and visually appealing, leveraging the existing Tikkie platform while benefitting from ABN AMRO’s robust systems.
Purpose of BUUT
The launch of BUUT by ABN AMRO is intended to support young individuals in managing their finances more effectively and to help them understand the impact of financial decisions. Alongside BUUT, the bank has already introduced several other apps and brands such as Tikkie, New10, and BUX, emphasizing its commitment to a modern and flexible organizational structure.
By rolling out these platforms, ABN AMRO aims to address the evolving expectations of new generations who manage their finances differently from previous ones. The bank’s focus is on providing solutions that resonate with today’s digital world.
ABN AMRO’s Strategic Partnerships
Following this launch, ABN AMRO has also partnered with Two, beginning collaboration in December 2024 to modernize B2B ecommerce payments. This partnership aims to enable businesses and customers to offer 30-day net terms on purchases, thereby optimizing cash flow management and providing financial flexibility.
The alliance integrates Two’s secure and efficient platform with ABN AMRO’s financial expertise, offering a robust solution for both SMEs and large enterprises. Leveraging Two’s technology, ABN AMRO will facilitate personalized Pay Later services tailored to the digital B2B commerce sector.
For more information, please refer to the official source: ABN AMRO Launches Neobank BUUT.
