bunq Launches bunq Crypto in Europe

bunq, the second largest neobank in Europe, on Tuesday launched bunq Crypto, empowering its users to safely and effortlessly invest in the cryptocurrency market. This follows bunq’s recent announcement on applying for a broker dealer license in the US and reporting its second consecutive annual profit.

Users in the Netherlands, France, Spain, Ireland, Italy, and Belgium can begin their crypto investing journey right in the bunq app. The challenger plans to gradually expand bunq Crypto to the rest of the European Economic Area, as well as the US and the UK where it has previously applied for licenses to operate.

Driven by user demand for a simple, transparent, and trustworthy way to invest in crypto, bunq’s latest update removes the complexity of traditional platforms. Backed by the security of a fully licensed bank and a partner with global expertise in safeguarding digital assets, users can open an account in seconds and seamlessly trade over 300 cryptocurrencies, including Bitcoin, Ethereum, and Solana.

bunq’s latest research revealed a significant gap in the crypto market, with 65% of European global citizens seeking a single platform to manage their banking, savings, and crypto investments.

Over half of those surveyed were eager to invest in crypto but felt that existing platforms did not meet their needs, particularly when it comes to simplicity and security for beginners. With bunq Crypto, the company aims to fill this gap, providing a user-friendly and trustworthy solution for those ready to step into the world of digital assets.

Bunq founder and CEO Ali Niknam said that their users across the world have long waited for a simple, safe and straightforward way to invest in digital assets. Now, everything they will ever need to save, spend and invest – including crypto – is on one platform.

bunq Deals

In addition to bunq Crypto, bunq also announced several other updates at its bunq Update 28 event in Amsterdam.

The neobank rolled out bunq Deals that allows expats, parents and entrepreneurs to save with exclusive discounts from a variety of bunq partners, such as LEGO, Expedia, and Surfshark, as well as Sixt, Booking.com, and Notion for business users.

The challenger also added Pocket Money that allows parents to easily deposit recurring payments into their child account. Getting an eSIM or adding data is now done right in the bunq app, plus the app can now be used abroad even if there’s no data left on the user’s eSIM. Finally, bunq Business users can now earn up to 1% cashback not only on their company expenses but also on their day-to-day, personal purchases.