Bunq, a neobank for 'digital nomads,' accelerates U.S. expansion effort as profit jumps 65%

Dutch neobank Bunq advances US expansion, files for new licence

Dutch neobank Bunq, Europe’s second-largest digital bank, is gearing up to expand across the Atlantic. The fintech company has filed for a broker-dealer licence with US regulators, completing the first phase of its two-step expansion strategy. The licence will allow Bunq to offer American users investment options — stocks, ETFs, and mutual funds — alongside cash management tools. These will include features like automatic transfers and Mastercar…

Dutch neobank startup Bunq plans U.S. expansion amid hiring spree and 65% profit surge — doubling down on digital nomads - Tech Startups

Six months ago, Dutch neobank startup Bunq went on a hiring spree—just as other fintechs were cutting staff. Now, that bold move looks like it’s paying off. On Tuesday, Bunq announced it has filed for broker-dealer registration in the U.S., […] The post Dutch neobank startup Bunq plans U.S. expansion amid hiring spree and 65% profit surge — doubling down on digital nomads first appeared on Tech Startups.

Amsterdam neobank bunq has filed an application for a ‘dealer-broker license’ in the United States, with which it hopes to soon be able to offer its first financial services in the country. According to bunq, the license is an intermediate step on the way to the end goal, a full American banking license.

The Bunq digital bank is back in charge in the U.S., where it plans to apply for a license to operate as a financial intermediary. This is the second time it tries to land on the U.S. market as part of a two-phase strategy. In an initial stage it seeks to expand operational knowledge and collect user ratings before requesting a bank permit throughout this exercise. The first failed approach took place in 2023, but they eventually withdrew from t…

Bunq, a neobank for 'digital nomads,' accelerates U.S. expansion effort as profit jumps 65%

Dutch digital bank Bunq said Tuesday that it's applied for a broker-dealer license, in an initial step toward securing a full banking license.

Dutch bank Bunq plans to accelerate plans of expansion into the United States

The Dutch online bank Bunq wants to accelerate its efforts to become involved in the U.S. market. The bank of founder and CEO Ali Niknam has filed a so-called broker-dealer registration with the American regulators, the FINRA and the SEC.Because of this, Bunq can already help American customers with other stocks and financial services while awaiting the results of a banking license. Bunq already submitted a request to work in the American market…