ABN AMRO has disclosed plans to launch a new digital banking service named BUUT, targeting the financial habits and preferences of younger customers. 

BUUT is described as a banking platform that offers conventional banking services through a digital-first approach, drawing on the bank’s existing payment app, Tikkie. 

The development was a collaborative project with the Tikkie team, taking a year to establish a banking service that aligns with the digital lifestyle of the youth.  

ABN AMRO’s track record includes the introduction of several digital services and brands, such as Tikkie, New10, and BUX. 

The new proposition is slated for release in app stores after the summer period. 

ABN AMRO personal & business banking chief commercial officer Annerie Vreugdenhil: “As a next-gen bank, BUUT understands this. It’s easy to use, interactive, 100% visually driven and totally at home in the world of the new generation. BUUT is everything you expect of a bank, but designed to Tikkie a different box.  

“Built on the Tikkie platform, supported by ABN AMRO’s robust systems, with the fresh look & feel, tone of voice and user experience everyone knows from Tikkie. Developed with Tikkie’s creative drive, in an ABN AMRO environment where innovation, pioneering and entrepreneurship are leading. The result: innovation in record time.” 

Vreugdenhil added: “As young people in this phase of life learn to save, keep within a budget and understand the impact of financial choices, BUUT is the solution this generation needs.” 

Last month, the Dutch government reduced its stake in ABN AMRO to below one-third, adhering to the plan announced in October 2024. 

Following this reduction, the rights of NLFI under the relationship agreement with ABN AMRO will be revised, though the agreement will stay in place.