Bunq applies for US banking license

European neobank Bunq has applied for a US banking license with the FDIC in the state of New York. By applying for a bank charter, bunq brings its proven and user-centered approach to banking to location-independent people and businesses in the US.

The neobank aims to introduce its value-based subscription model to a community of almost 5 million digital nomads – expats, international entrepreneurs, and professionals working remotely – who are EU or US citizens with deep ties on both sides of the Atlantic. 

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