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Amsterdam-based fintech bank Bunq launches new cards for Portuguese customers

Dutch fintech Bunq, founded in 2015, is an internationally active mobile bank, headquartered in Amsterdam. The company offers a range of online financial services, primarily through its mobile application. The company’s app enables customers to open one free transaction account or up to 25 accounts for a monthly fee. Customers can request money, split bills, and make payments in real-time.

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Dutch digital bank and mobile application Bunq continues to bet on Portuguese customers. The fintech company Bunq, founded by Ali Niknam in 2012, announced that it is now offering “Premium” and “Business” cards. Portuguese customers will be able to access both the application and the website in the Portuguese language.

Bunq is a modern, mobile bank based in Amsterdam. The mobile application provides a wide range of innovative features, offering several unique services. It is ideal for busy people as there are plenty of time-saving features built into their services. These include quick account opening, changing access, account settings and many other features. The company offers an international Bunq travel card with no monthly fee. Instead, there’s just a one-off $11.11 (€9.99) fee to send you the card.

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Bunq launches in Portugal

Shortly after disclosing the “Travel Card” and the “Green Card” and launching in 30 European countries, the Amsterdam-based company invested in Portuguese outreach, ensuring that this bet will facilitate the management of money and cards by the Portuguese.

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“Bunq is very excited about the launch in Portugal. With the true spirit of a startup, the company is committed to learning how to make life easier for Portuguese users,” said the founder and CEO. The financial and information technology company’s services will now be available in all European Union markets. Bunq will also provide services to businesses in Norway and Iceland. Overall, the company’s products are accessible from 30 different countries.

Bunq’s features

The mobile bank allows national customers to have up to 25 operational bank accounts, also Maestro, Mastercard credit and debit cards. Individual entrepreneurs can open a “Business” account and use features such as direct invoice scanning from the bunq application and real-time integration with accounting software.

In December 2018, Bunq totaled $234 billion (€211 billion) in deposits from all users. The manager Ali Niknam, after he founded the digital bank with a unique investment of $50 million (€44.9 million), was responsible for obtaining the first European banking license in over 35 years.

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(Featured image by JESHOOTS-com via Pixabay)

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First published in Jornal Economico, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.