The Netherlands is home to two of Europe's largest embedded-payments providers, Adyen and Mollie, and banks that lend through platforms. This page counts which embedded-finance layers Dutch companies run, which providers they name and which licences they hold.
De Nederlandsche Bank's 2024 exploratory analysis defines embedded finance as unlicensed platforms using a licensed institution's licence under their own brand. It found the market still small and saw no direct threat to banks' safety at that scale, but flagged risks that grow with it: the platform sells while the institution carries the risk, credit decisions drift to the platform, client funds get commingled across banks, and anti-money-laundering checks weaken when the platform holds the data. DNB said it will keep monitoring, and listed reporting duties, higher risk standards, capital add-ons and eventually supervising platforms directly as possible next steps.
DNB, Embedded finance: an exploratory analysis (2024) ↗DNB noted there is no reporting requirement for embedded finance and no structured overview of which platforms partner with which licensed institutions. The numbers below fill part of that gap from public sources: each company profile is built from its own website, documentation, filings and press, and every provider named on a profile is linked to the source it came from.
Dutch SME software runs on local ledgers (Exact Online, Twinfield, AFAS, Moneybird, Yuki, SnelStart) next to the international ones. A platform that embeds lending, payments or spend management for Dutch SMEs usually needs to read and write to several of them, which is why the accounting systems Dutch companies connect to are listed below.
Companies that name at least one provider for the layer on a sourced page, out of 121.
31 companies hold at least one; a company can hold several kinds.
Companies that list a connector for the system.