Dutch challenger bank Bunq offers its customers a new tool with which they can load IBANs from many European countries onto their Bunq app.
Jon Fath has been previously CEO of logistics automation group Transmetrics and has just become the new COO of digital bank Bunq.
The Amsterdam-based challenger bunq announced that British investor Pollen Street Capital is investing 193 million euros in the bank.
Dutch digital bank Bunq managed to close the very first funding round with an undisclosed British private equity firm.
The bunq and Mastercard's True Name service launched in Germany and will be available in 30 European countries.
Bunq is the first challenger bank that joined the TARGET payment network, a system developed by the European Central Bank.
Dutch challenger bank bunq adds loyalty cards and bill sharing among other features in the latest update.
ASR Asset Management provides bunq with a mortgage portfolio worth 300 million euros.
Digital bank Bunq launched Google Pay in the Netherlands and Portugal this week, being the first bank that introduced Google pay in the countries.
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This way N26 became the second highest-valued bank in Germany, slightly ahead of Commerzbank.