Bringing the bank of The Free to the land of The Free

Bringing the bank of The Free to the land of The Free

After 10 amazing years of making life easy for European users, it's time to take bunq stateside. Get a sneak peek of what the future might hold!

2 min read

ago

I’m very excited to announce that, after successfully serving our European users for almost a decade, bunq has applied for a US banking license!

Going stateside undeniably marks a huge milestone for us and I’d love to share how we reached this milestone together, why we decided to bring bunq to the United States, and what the future might hold.

How we got here

Ten years ago we set out to build something many considered impossible: a bank its users love to use, designed to make life easy. When we first entered the scene, we were greeted with skepticism and even some ridicule. Founding a brand new, fully mobile bank in a sector saturated with legacy institutions was quite literally like David walking into a cage full of Goliaths.

As we’ve decisively shown ever since, impossible is just a word for things that haven’t been done yet.

We were the first in 35 years to obtain a European banking license and would quickly turn doing the impossible into a veritable habit. As the first bank to maintain a sustainable growth strategy based on a service-oriented business model, we pioneered many industry-first innovations, fundamentally changing how millions of people spend, save and invest their money.

Having expanded to over 30 markets within Europe, taking the bank of The Free to the Land of the Free is a logical next step. We’ll once again be the underdog that supports its users in their pursuit for individual freedom.

Launching in the US

Whenever we enter a new market, we take a lot of time listening to users and figuring out what we can do to make their lives easy. The US is home to a community of nearly 5 million digital nomads: expats, international entrepreneurs and professionals with strong ties to both sides of the Atlantic. We will introduce this large group of location-independent people to our proven, transparent and value-based banking model, one that gives them the freedom to live life on their own terms.

We’re going stateside with a simple proposition, offering a banking product that enables US consumers and businesses to bypass banking bureaucracy by opening a fully fledged international bank account in just 5 minutes. Using bunq, they can effortlessly manage their finances from anywhere in the world.

There are always a lot of unknowns when you enter a market. It takes time, effort and the best people to make a real difference. We can’t wait to start making life easy for our US users and to make our mark on the US banking landscape. In our opinion, applying for a US license is the only way we can maintain independence and provide The Free with the easy and safe banking experience they deserve.

Today, driven by our user-centric philosophy to always keep their best interests at heart, we are taking another historic step in support of The Free. The rest will be history.

Stay tuned.

Ali Niknam, founder and CEO of bunq

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What's bunq?

We're not just a bank; we're a lifestyle choice for those who crave freedom, flexibility, and financial control on the go.

What's bunq?

We're not just a bank; we're a lifestyle choice for those who crave freedom, flexibility, and financial control on the go.

What's bunq?

We're not just a bank; we're a lifestyle choice for those who crave freedom, flexibility, and financial control on the go.

Regain control

We're putting full control over your finances back into your hands.

Regain control

We're putting full control over your finances back into your hands.

Regain control

We're putting full control over your finances back into your hands.

Bank like a local

Seamlessly manage your money, wherever you are.

Bank like a local

Seamlessly manage your money, wherever you are.

Bank like a local

Seamlessly manage your money, wherever you are.

Budget effortlessly

Set up bank accounts and budget from them automatically.

Budget effortlessly

Set up bank accounts and budget from them automatically.

Budget effortlessly

Set up bank accounts and budget from them automatically.

Plant trees

You could plant a tree for every €100 spent with a bunq card.

Plant trees

You could plant a tree for every €100 spent with a bunq card.

Plant trees

You could plant a tree for every €100 spent with a bunq card.

Keep money safe

Our DGS insurance protects your money up to €‎100.000.

Keep money safe

Our DGS insurance protects your money up to €‎100.000.

Keep money safe

Our DGS insurance protects your money up to €‎100.000.

Bank together

Share your finances with anyone, without all the hassle.

Bank together

Share your finances with anyone, without all the hassle.

Bank together

Share your finances with anyone, without all the hassle.

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After 10 amazing years of making life easy for European users, it's time to take bunq stateside. Get a sneak peek of what the future might hold!

Bringing the bank of The Free to the land of The Free

After 10 amazing years of making life easy for European users, it's time to take bunq stateside. Get a sneak peek of what the future might hold!

Bringing the bank of The Free to the land of The Free

After 10 amazing years of making life easy for European users, it's time to take bunq stateside. Get a sneak peek of what the future might hold!

The bunq Community Planted 10 Million Trees!

bunq Community has planted over 10 million trees at our reforestation sites in Kenya and Madagascar! To celebrate, we've partnered with Trees for All.

The bunq Community Planted 10 Million Trees!

bunq Community has planted over 10 million trees at our reforestation sites in Kenya and Madagascar! To celebrate, we've partnered with Trees for All.

The bunq Community Planted 10 Million Trees!

bunq Community has planted over 10 million trees at our reforestation sites in Kenya and Madagascar! To celebrate, we've partnered with Trees for All.

Start your 30-day free trial

Open your account in just 5 minutes, directly from your phone.

Start your 30-day free trial

Open your account in just 5 minutes, directly from your phone.

Start your 30-day free trial

Open your account in just 5 minutes, directly from your phone.