BUX hires DeGiro/ING alum Alvaro Vidal to head Spain operations
Amsterdam based neobroker BUX has announced that it has hired Álvaro Vidal, who will assume the role of Country Manager for Spain. Vidal will lead the Spanish market and accelerate BUX’s efforts to grow its customer base in Spain, making investing more accessible and affordable for Spaniards.
Álvaro Vidal brings over 10 years of experience in fintech companies and has extensive knowledge of markets and retail brokerage. Prior to joining BUX, Vidal held the position of Head of Spain at DeGiro, where he led the growth of the online broker in the country from its launch in 2014 until 2018 when he joined ING and was responsible for managing the Broker NARANJA.
Yorick Naeff, CEO of BUX said:
“We were looking to find the right Country Manager who believes in our vision, understands hypergrowth and knows the Spanish market inside-out. Vidal combines all these attributes and I’m confident that with his extensive background, we will maintain our current growth momentum.”
Álvaro Vidal added:
“I was immediately drawn to the vision of BUX Zero and its commitment to guide customers through their investment journey. BUX’s intuitive app gives everyone the flexibility and freedom to invest, and I am proud to be playing a role in making it accessible to as many Spaniards as possible.”
The arrival of Álvaro Vidal follows the recent appointments of Dan Zbijowski, the company’s Chief Marketing Officer, Salim Sebatta, CEO of BUX in the UK, and Jean-Rafael Nahas, Managing Director of Cyprus. In 2021, BUX announced an $80 million funding round which has gone towards growth efforts and bringing on board key profiles in the fintech sector. BUX said it plans to open new markets in Europe throughout 2022.
With over 700,000 clients, BUX is a leading European neobroker, making it easy and affordable for investors to do more with their money, since 2014. BUX Zero is headquartered in Amsterdam and currently available in the Netherlands, Germany, Austria, France, Belgium, Ireland, and Spain.