BinckBank Acquires Robo Advisor Pritle, for €12.5M

▤ Summary

BinckBank (AMS: BINCK), a Dutch online bank for investors, acquired Amsterdam, The Netherlands-based robo-advisor Pritle.Led by Thomas Bunnik, CEO and founder, Pritle is an online wealth manager for investors in The Netherlands, Belgium, Austria and Switzerland to set and track their financial goals.Following the close of the transaction, Bunnik will focus on the expansion of BinckBank’s wealth management services across Europe.Clients can invest for goals such as supplement to their pension, funding the study of the children, or the realization of other targets.The technology automatically creates a customized portfolio consisting of cost efficient, mostly index funds.

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