{"id":15736,"date":"2024-09-25T09:03:35","date_gmt":"2024-09-25T09:03:35","guid":{"rendered":"http:\/\/TheNextWeb=1410586"},"modified":"2024-09-25T09:03:35","modified_gmt":"2024-09-25T09:03:35","slug":"dutch-neobank-bunq-launches-stock-trading-tailored-to-digital-nomads","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=15736","title":{"rendered":"Dutch neobank bunq launches stock trading \u2018tailored to digital nomads\u2019"},"content":{"rendered":"\n
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Bunq has become the latest fintech<\/a> to enter the crowded European stock trading market. The Amsterdam-based neobank yesterday announced its new Stocks product, which it claims is \u201ctailored to digital nomads.\u201d<\/p>\n

The Dutch bank already provides in-app portfolio investing options in environmentally-friendly companies. Stocks significantly expands the offerings.<\/p>\n

Users can now invest in popular US and EU public companies as well as multi-asset ETFs. Stocks on offer include Apple, Tesla, and Nvidia.<\/p>\n

For the first three months, there is no trading commission. This will then rise to \u20ac0.99 per trade. Users can buy and sell stocks in fractional shares, starting from \u20ac10.<\/p>\n

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Drumroll please ???? You can now buy and sell stocks and EFTs straight from your bunq app ???? Powered by our partner Ginmon, you can get started with just \u20ac10, and you won\u2019t pay any trading fees in your first 3 months ???? ???? #stocks<\/a> #bunqUpdate26<\/a> pic.twitter.com\/9cUdgJU3Aw<\/a><\/p>\n

\u2014 bunq (@bunq) September 24, 2024<\/a><\/p>\n<\/blockquote>\n

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Bunq said its new product aims to simplify investment for beginners, providing a curated list of stocks and allowing for an easy setup of investment accounts.<\/p>\n

Stocks, currently in beta, is initially available in the Netherlands and France, with more European countries following in the future.<\/p>\n

For the product\u2019s rollout, bunq has joined forces with two German-based fintech startups<\/a>: Upvest, which specialises in investment APIs, and Ginmon, which offers investment brokerage and wealth management services.<\/p>\n

Alongside Stocks, bunq also launched an eSIM for frequent travellers and several updates to its AI assistant, Finn<\/a>.<\/p>\n

The launches follow a period of growth momentum for the Dutch unicorn, having achieved its first year of profitability<\/a> in 2023. It now has 14.5 million users across Europe, making it the largest neobank in the region. The company has also applied for banking licences in the UK<\/a> and the US.<\/p>\n

With Stocks, however, bunq is entering a crowded market and will have to compete with heavyweights such as California-based Robinhood and European rival Revolut \u2014 the continent\u2019s leading neobank and most valuable fintech<\/a>.<\/p>\n

Revolut has been offering stock trading already since 2019. It is now piloting a standalone investment app<\/a> for experienced investors.<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bunq has become the latest fintech to enter the crowded European stock trading market. The Amsterdam-based neobank yesterday announced its new Stocks product, which it claims is \u201ctailored to digital nomads.\u201d The…<\/p>\n","protected":false},"author":1,"featured_media":15737,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/15736"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15736"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/15736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/15737"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}