8.6 C
New York
Tuesday, March 2, 2021
Home Challanger banks Bunq adds donations to charities with its "Update 14"

Bunq adds donations to charities with its “Update 14”

Dutch challenger bunq is adding a new option to its app that lets you donate to charities directly. Bunq is also redesigning the app and launching a public beta test of the V3 version to get feedback from its users.

Read also: Bunq challenger lets you create joint accounts with others

The charity donation option was already featured with Revolut. The main difference is that bunq is not offering just a few of the selected charities.

So – if your local charity has an IBAN number, it is possible to add it to Bunq’s donation feature. The same can be done with local businesses etc..

To introduce features of the new V3 app, bunq has cited following:

In the V3 app, you’ll be able to explore everything bunq has to offer with 4 simple tabs:

  • Find everything that’s yours under “me” – like money, time or CO2 saved
  • Check out “us” to see what bunq does for you – like total CO2 saved by all bunq users, total investments or total donations
  • See your “profile” for everything that relates to you – like getting help when you need it
  • Tap “camera” to scan invoices or receipts

Bunq has tried to remove clutter by focusing on one main button on each page. The app will be divided in four main tabs.

Read also: Bunq is looking for acquisitions of fintech peers during the crisis

The first tab, called “Me,” second tab, called “Us,”. The third tab features your profile information. And the fourth tab is a dedicated camera button. With this, the bunq customer will be provided with an option to scan invoices and receipts as mentioned.

Avatar
Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

Recent posts

N26 and Raisin partner on EasyFlex savings accounts

Cross-border savings and investments marketplace Raisin and the german digital bank N26 combine their strenghts to deliver top interest rates.

Starling Bank aims to hold 18% of the SME market

The digital bank Starling announced a plan in which it is going to hold 18% of the SME banking market in five years, Insider reported.

TransferWise gets rebranded as ‘Wise’

The rebranded company Wise drops the part Transfer as a signal of moving on from the money-transfer focus of the company.

Revolut about to increase fees and cut number of free trades

Revolut introduced additional fees on its free plan and trading on the Revolut platform will also become more expensive.