Bunq Launches Crypto Feature with 300+ Digital Currencies Available
Bunq, Europe's second-largest neobank, has launched Bunq Crypto, enabling users to invest in over 300 digital currencies through its app. This feature became available on April 29 in the Netherlands, France, Spain, Ireland, Italy, and Belgium.
Key points include:
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<li The service responds to rising demand from retail investors for a trusted platform.
<li CEO Ali Niknam noted that a clearer regulatory environment in Europe facilitated this launch.
<li Bunq partners with Kraken to provide crypto services.
<li Future expansion plans include the European Economic Area, U.S., and U.K.
<li Research indicates 65% of European consumers prefer an all-in-one financial app.
<li Over half of current investors find existing platforms complex or insecure.
<li Bunq aims to integrate banking, savings, and crypto investing.
<li This trend aligns with fintech companies like Revolut, which expanded its crypto offerings in late 2024.