Bunq, Europe’s second-largest neobank, has formally filed for a US de novo banking licence with the OCC.

The filing comes just after Finra approved the challenger’s broker-dealer license. Bunq has built its offering around digital nomads, and upon approval will launch its services starting in US metropolitan areas with large expat communities. Users will be able to quickly build credit scores - a common challenge for newly-arrived expats - by accessing European financial records, in addition to having the option to open both US and European checking accounts if eligible. “Our users are building their lives across borders, so they need a bank that is safe, secure and easy to use, wherever they are,” says Ali Niknam, founder and CEO of bunq. “We want to give them the freedom to live the way they want, whether they’re heading to America, coming to Europe, or moving between both.” The US licence application news comes comes after bunq posted positive results for 2024, its second consecutive profitable year. The European unicorn recently surpassed 20 million users, and has set its sights on a UK EMI license.
By on 2026-01-07 08:00:00
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