Bunq, Europe's second-largest digital bank, is set to expand into the US market after filing for a broker-dealer license allowing it to offer American users investment options alongside cash management tools. The phased approach emphasizes user feedback before pursuing a full US banking license that would enable Bunq to operate as a fully regulated bank. With 17 million European users and recent profitability, Bunq aims to serve a location-independent demographic, aligning its services with the needs of digital nomads and global entrepreneurs.
"Our users live an international lifestyle, and they need a bank that's global too. Today's step brings us closer to making that vision a reality."
"Bunq plans to reinvest profits into international expansion, with the US being a key target for growth and innovation in financial services."
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