ABN AMRO’s launching its fintech initiative Franx

NautaDutilh has assisted ABN AMRO with the launch of Franx, a subsidiary of ABN AMRO.

Franx provides a digital platform for foreign exchange transactions and international payments.

Franx offers SME business clients a single multi-currency account which they can use to pay and receive amounts in 26 currencies. On top of that, the Franx platform enables clients to hedge their currency risk. Franx went live this week.

The team assisting ABN AMRO consisted of Frans van der Eerden (picture), Sven Uiterwijk and Isabella Kleijn.

Involved fees earner: Frans van der Eerden – NautaDutilh; Sven Uiterwijk – NautaDutilh; Isabella Kleijn – NautaDutilh;

Law Firms: NautaDutilh;

Clients: Abn Amro;