Bunq launches stock trading for digital nomads

Digital Reinvention
27/09/2024 News

Bunq, Europe’s second-largest neobank, has introduced Stocks, a new investment platform designed for digital nomads. With 14.5 million users, Bunq aims to simplify stock trading for beginners by offering access to popular US and European companies, as well as global multi-asset ETFs through its partner, Ginmon. Users can open investment accounts in seconds and trade fractional shares for as little as €10, with free trades for the first three months.

Digital Reinvention
16/09/2024 Article

Financial Innovation Spotlight: September 2024 edition

Founder and CEO Ali Niknam stated, “Investing in stocks should be as effortless as making a payment or checking your balance.”

The platform caters to the growing community of digital nomads, with Bunq’s research showing that 47% of European nomads are already investing, and 41% plan to start within the next year. The product, initially available in the Netherlands and France, will expand across Europe, supported by Upvest’s infrastructure for secure, fractional trading.

Alongside the launch of Stocks, Bunq announced several other updates at its Bunq Update 26 event in Amsterdam. These include Finn, an AI money assistant offering personalized budgeting tips, and an eSIM for uninterrupted internet access in 160+ countries, saving users up to 90% on roaming costs.

With these new features, Bunq is continuing to innovate and support the unique needs of modern, mobile users.

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