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.
Dutch digital bank bunq is the first challenger to be included in the banking guide on honestegeldwijzer.nl (EGW).
The founder of bunq Ali Niknam is not worried about the bright future of his challenger bank and claims that the company was left untouched by the corona crisis except everybody had to work from home.
Bunq is a dutch challenger bank present since 2012 and it is already live across 30 countries. Last month it has come up with a very new feature for their premium subscribers.
Revolut mistakenly announced that premium customers will be able to transfer Bitcoin (BTC) from the platform to external wallets.
Starling Bank has the most switched-to digital-only bank and the second most switched-to bank in the final quarter of 2020.