Amsterdam unicorn bunq launches crypto trading with Kraken; now live in these countries – Silicon Canals
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By
Vigneshwar Ravichandran
By
Vigneshwar Ravichandran
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Amsterdam-based bunq, an AI-powered neobank, announced the launch of bunq Crypto as part of the bunq Update 28 event in Amsterdam.
Now, users in the Netherlands, France, Spain, Ireland, Italy, and Belgium can invest in crypto directly from the bunq app.
The Dutch neobank plans to gradually expand bunq Crypto to the rest of the European Economic Area, as well as the US and the UK, where it has previously applied for operating licenses.
With this move, bunq aims to remove the complexity of traditional platforms.
Backed by the security of a fully licensed bank and a partner with global expertise in safeguarding digital assets, users can open an account in seconds and seamlessly trade over 300 cryptocurrencies, including Bitcoin, Ethereum, and Solana.
“Our users worldwide have long waited for a simple, safe, and straightforward way to invest in digital assets, – says Ali Niknam, founder and CEO of bunq. – Now, everything they will ever need to save, spend, and invest – including crypto – is on one platform.”
Last year, the Dutch neobank launched Stocks, a new investment product designed particularly for digital nomads, as part of Update 26.
Besides, bunq Crypto, the company also rolled out bunq Deals that allow expats, parents, and entrepreneurs to save with exclusive discounts from a variety of bunq partners, such as LEGO, Expedia, and Surfshark, as well as Sixt, Booking.com, and Notion for business users.
The latest update also includes Pocket Money, which allows parents to easily deposit recurring payments into their child’s account.
Getting an eSIM or adding data is now done right in the bunq app, plus the app can now be used abroad even if there’s no data left on the user’s eSIM.
Additionally, bunq Business users can now earn up to 1 per cent cashback not only on their company expenses but also on their day-to-day, personal purchases.
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Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena. He graduated with a Bachelor’s degree in Electronics and Instrumentation in Chennai and a Diploma in Broadcasting Journalism in New Delhi.
21may(may 21)9:00 am22(may 22)6:00 pm
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