Bunq applies for US banking license
source link: https://fintechranking.com/2023/04/04/bunq-applies-for-us-banking-license/
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Bunq applies for US banking license
European neobank Bunq has applied for a US banking license with the FDIC in the state of New York. By applying for a bank charter, bunq brings its proven and user-centered approach to banking to location-independent people and businesses in the US.
The neobank aims to introduce its value-based subscription model to a community of almost 5 million digital nomads – expats, international entrepreneurs, and professionals working remotely – who are EU or US citizens with deep ties on both sides of the Atlantic.
Read more: Bunq
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