- Following the successful launch of Stocks in the Netherlands and France in September, bunq is now bringing this new feature to its users in Ireland
- With no fees for the first three months, Irish users will be able to invest into the most popular US and European stocks and ETFs
Dublin, November 14, 2024 - bunq, the second largest neobank in Europe, expands its investment product to Ireland. Stocks, tailored for digital nomads, now lets Irish users to easily invest in a selection of the most popular US and European stocks and ETFs. This move comes as bunq’s actively gaining traction in Ireland, after having tripled its user base in the country this year.
bunq Stocks gives Irish digital nomads the freedom to invest on the go. With an investment account opened within seconds and ability to trade in fractional shares as low as €10, Stocks allows Irish investors to quickly build a diverse portfolio of the most successful global companies and trade for free in the first three months.
Ireland has emerged as a key market for bunq since 2023 when the company introduced a 10 times higher interest rate on savings than that offered by Irish traditional banks. With Ireland now being the third largest deposit holding market for the neobank, bunq continues to invest in its local presence by hiring for almost 20 new roles in Ireland in 2024. Ireland’s vibrant tech scene and the country being in top-20 most popular destinations for digital nomads worldwide make it one of the most promising markets for bunq.
Bianca Zwart, bunq’s Chief Strategy Officer, said: “Digital nomads need an investment product that keeps pace with their global lifestyle. With Stocks, our users can effortlessly buy shares of the world’s most exciting companies and ETFs for as little as €10, no matter where they are in the world.”
About bunq
Founded in 2012 by serial entrepreneur Ali Niknam, bunq has brought lasting change to the European banking industry. By having its users at the heart of the business and building a product rooted in their wants and needs, bunq quickly scaled to become the second largest neobank in Europe. Serving digital nomads across Europe, bunq makes life easy for location-independent people and businesses starting from the way they manage money: how they spend, save, budget and invest.
Pioneering many things considered impossible, bunq was the first bank to get a European banking permit in over 35 years, raised the largest series A round ever secured by a European fintech (€193 million), and was the first EU neobank to achieve structural profitability at the end of 2022. On its mission to build the first global neobank for digital nomads, in April 2023, bunq announced its bid to enter the US market by applying for a banking license.
Contact details
Related topics
Related news
bunq quadruples interest on savings, breaking the 1% barrier
bunq raises its savings interest from 0.27% to 1.05%. The nearly quadrupled interest rate comes into effect immediately, well ahead of the planned monetary policy meeting of the Governing Council o...
bunq becomes first digital bank in Europe to offer mortgages
In industry-first the Dutch fintech will start to offer mortgages to its users from early next year, as it seeks to challenge traditional banks’ grip on the home-lending market
bunq launches ‘Local Currencies’ to enable global citizens to bank without borders
European challenger bank introduces multi-currency accounts as countries ease travel restrictions
bunq to conquer the French market after expanding presence in Germany
The European challenger bank updates features based on user feedback and expands further into France with French IBANs and a new office in Paris