Bunq launches stock trading for digital nomads

Digital Reinvention
27/09/2024 News

Bunq, Europe’s second-largest neobank, has introduced Stocks, a new investment platform designed for digital nomads. With 14.5 million users, Bunq aims to simplify stock trading for beginners by offering access to popular US and European companies, as well as global multi-asset ETFs through its partner, Ginmon. Users can open investment accounts in seconds and trade fractional shares for as little as €10, with free trades for the first three months.

Digital Reinvention
16/09/2024 Article

Financial Innovation Spotlight: September 2024 edition

Founder and CEO Ali Niknam stated, “Investing in stocks should be as effortless as making a payment or checking your balance.”

The platform caters to the growing community of digital nomads, with Bunq’s research showing that 47% of European nomads are already investing, and 41% plan to start within the next year. The product, initially available in the Netherlands and France, will expand across Europe, supported by Upvest’s infrastructure for secure, fractional trading.

Alongside the launch of Stocks, Bunq announced several other updates at its Bunq Update 26 event in Amsterdam. These include Finn, an AI money assistant offering personalized budgeting tips, and an eSIM for uninterrupted internet access in 160+ countries, saving users up to 90% on roaming costs.

With these new features, Bunq is continuing to innovate and support the unique needs of modern, mobile users.

Related news & insights

SME Banking
25/09/2024 News

EQ Bank launches business account beta to support Canadian SMEs

This new offering aims to address the specific challenges that Canadian entrepreneurs face, such as high fees and complex onboarding...

Open Finance
24/09/2024 News

Fibabanka launches Türkiye’s first BaaS platform with GetirFinans

This collaboration allows non-banking businesses to offer financial services like account management, card issuance, and payment options directly to their...

Digital Reinvention
24/09/2024 News

NAB launches 'Upcoming' tool to help Australians avoid bill shock

This feature, rolling out in the NAB app, predicts upcoming bills based on past payments, allowing users to better plan...

Digital Reinvention
24/09/2024 News

Thailand: Five candidates compete for 3 virtual bank licenses

The application period closed on September 19, and the selected virtual banks are expected to start operations by mid-2025.

Digital Reinvention
23/09/2024 News

Deutsche Bank enhances advisory services and digitalization

Deutsche Bank is taking key steps to improve its advisory services and invest in digital technology for private clients in...

23/09/2024 News

CIC introduces flexible mortgage for non-traditional workers

Securing a mortgage can be difficult for those without a traditional full-time employment contract (CDI). Freelancers, temporary workers, micro-entrepreneurs, and...

Digital Reinvention
22/09/2024 News

How Standard Chartered’s Skills Passport is shaping the future of work

Standard Chartered Bank recently launched the Skills Passport, an innovative initiative aimed at empowering its workforce by focusing on skill...

SME Banking
19/09/2024 News

TBC Uzbekistan launches waiting list for first fully digital business banking service

This initiative marks the next phase in TBC's expansion, following its success as Uzbekistan’s first fully digital consumer bank.