bunq has received approval from the Financial Industry Regulatory Authority to operate as a broker-dealer in the United States. The approval allows the company to expand its financial services beyond Europe for the first time.
bunq to Provide Self-Directed Investing Access in the US
With this license, bunq will be able to offer access to US stocks, mutual funds, and exchange-traded funds (ETFs) to American users. The service will target individuals who prefer self-directed investing through mobile platforms.
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“Our users roam the world – they live, work, and travel across borders,” said Ali Niknam, founder and CEO of bunq.
“For many, the US is an important part of their lives. That’s why we’re excited to bring bunq Stateside and make life easy for Americans and anyone who calls it home.”
bunq Launches Flexible Cryptocurrency Staking Across the EU
bunq marked its tenth anniversary by reaching 20 million users across Europe. At its Update 29 event in Amsterdam, the bank introduced a redesigned app to simplify access to banking, investment, and cryptocurrency services. The updated interface allows users to manage accounts, savings, payment cards, and trading options more efficiently.
The bank has also launched flexible cryptocurrency staking across the European Union, in partnership with Kraken. Users can earn up to 10% annually on selected cryptocurrencies without mandatory lock-up periods. The service is available in multiple EU countries and allows users to stake assets while retaining full control to buy, sell, or withdraw at any time.