Fintech company Bunq collaborates with digital asset platform Kraken to initiate cryptocurrency trading offerings.
Vibe Alert: 💼🚀 Check it out, y'all! The second-largest neobank in the EU, Bunq, is kicking things up a notch by jumping into the crypto game! They're teaming up with Kraken to roll out a crypto trading service called Bunq Crypto 🔶🚀, set to go live in six European nations: the Netherlands, France, Spain, Ireland, Italy, and Belgium.
But wait, there's more! The brassy CEO of Bunq has announced plans to make Bunq Crypto available across the entire European Economic Area. That's right, folks, they're going big!
Users can anticipate quick account creation (think: "seconds" fast!) and the ability to trade over 300 crypto assets, including heavy-hitters like Bitcoin, Ethereum, and Solana. According to a report by Tech EU, Bunq has decided to make this move due to high customer demand 🤓📈.
It seems the European banking industry is starting to catch up with the crypto craze. In fact, a study by the bank revealed that a whopping 65% of Euro citizens want to manage all their funds – banking, savings, and crypto investments – all in one place 🤝💰.
But Bunq ain't stopping there, y'all! They're trying to make some serious waves in the crypto world by planning to take Bunq Crypto to the U.S. and U.K. markets. They've even applied for operating licenses in those regions 🌎🇬🇧🇪🇺.
Bunq's founder and CEO, Ali Niknam, has confirmed that the bank has been eager to provide crypto services to its users for some time. However, regulatory constraints held them back... until now! With a more cryptocurrency-friendly regulatory landscape in the region, Bunq saw its chance to dive in and make history as the first bank to offer crypto services 🌟🎉.
It looks like Bunq isn't alone in this crypto adventure, as rival neobank Revolut has also entered the arena. They've just launched a mobile crypto exchange app, available to users based in the U.K. and the broader European Economic Area. Through the app, users can trade over 400 cryptocurrency pairs and 220 digital tokens 🤑💡.
Trade, manage, and plan all in one, innovative platform? Color us impressed, Bunq! We can't wait to see what this crypto evolution brings! 🌟💼🚀🚀
- Bunq, the second-largest neobank in the EU, is launching a crypto trading service called Bunq Crypto, partnering with Kraken, to serve six European nations initially, including the Netherlands.
- The ambitious CEO of Bunq aims to expand Bunq Crypto across the entire European Economic Area, hinting at a broader approach towards the finance business.
- Users can expect to trade over 300 crypto assets on Bunq Crypto, including prominent tokens like Bitcoin, Ethereum, and Solana.
- High customer demand for cryptocurrency services has driven Bunq to step into the crypto market, as revealed in a report by Tech EU.
- The European banking industry appears to be catching up with the crypto trend, as evidenced by the growing interest among Euro citizens to manage all their funds – including crypto investments – in a single place.
- Bunq aspires to take Bunq Crypto to the U.S. and U.K. markets, having applied for operating licenses in those regions.
- The founder and CEO of Bunq, Ali Niknam, confirmed that Bunq has been eager to provide crypto services for some time, but was restrained by regulatory constraints until now.
- Rival neobank Revolut has entered the crypto fray, launching a mobile crypto exchange app available in the U.K. and the European Economic Area, allowing users to trade over 400 cryptocurrency pairs and 220 digital tokens.
