ABN AMRO and Motive Partners form strategic partnership
Motive Ventures, the early-stage venture arm of Motive Partners, will manage the ABN AMRO Ventures Fund (AAV), consisting of 15 early-stage companies.
- Motive Ventures, the early-stage venture arm of Motive Partners, will manage the ABN AMRO Ventures Fund (AAV), consisting of 15 early-stage companies.
- To ensure seamless continuity of AAV's operations and to strengthen the capabilities at Motive Ventures, Hugo Bongers, Managing Director and Head of ABN AMRO Ventures, and Tim Wanders, Executive Director at ABN AMRO, are joining Motive Ventures as Partner and Principal, respectively.
- Edwin van Bommel, Chief Strategy & Innovation Officer at ABN AMRO commented: “Our collaboration with Motive Ventures is a major milestone for ABN AMRO.
- Ramin Niroumand, Partner at Motive Partners and Head of Motive Ventures commented: "ABN AMRO has long been a leader among financial institutions in European fintech investing.