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Yeah in the Netherlands here, and I’ve spent some time recently integrating a German fintech vendor. The cross of new and modern and old beurocratic way of doin
by davedx 6y ago
Yeah in the Netherlands here, and I’ve spent some time recently integrating a German fintech vendor. The cross of new and modern and old beurocratic way of doing things has been almost dystopian and really slowed everything down. Contrast to similar vendors in the UK is quite something.
- dukeyukey 6y agoCan you go into more details on this? I've only worked closely with UK/USA companies and I'm really interested how they compare to German/French ways of doing things. Does the Netherlands more closely align to the Uk/USA on this?
- j4yav 6y agoIn my experience the Netherlands is quite a bit like the US. Not as much VC available, but businesses tend to be pretty agile and willing to pivot to get results. All normal day to day government interaction is digital and works well. ING is a good example of a very big Dutch company that seems to do pretty well with innovation.
- davedx 6y agoGermans have a lot of legal requirements, red tape, old ways of doing things. Netherlands and UK are more streamlined, more parts of govt and daily life are digital, bank systems are more modern.
- goatinaboat 6y agoWhen Europe does do fintech it’s just really sleazy and exploitative, like Revolut, so better off without. https://news.ycombinator.com/item?id=23416169 https://news.ycombinator.com/item?id=23416169