Challenger bank Bunq launches in UK and 21 other European countries
The latest European challenger bank to launch in the UK, bunq, has landed in all European Union countries, as well as European Economic Area (EEA) countries Norway and Iceland.
Following official launches in Germany, Austria, Italy, Spain, France, Ireland and Belgium, bunq is now live in an additional 22 markets.
Bunq claims to be the first bank to let users decide where their funds should be stored and how they’re used. It also tries to set itself apart by saving customers “up to 3%” when travelling outside of the eurozone with its travel card.
“We’re very excited to launch in the United Kingdom,” says bunq’s founder and CEO Ali Niknam. “In true startup spirit we’re keen to learn how to make life easy for our British users.”
Bunq is now active in 30 European markets.