bunq – European challenger bank launches in France

bunq continues its speedy progress because it enters the French market. The European challenger bank already efficiently expanded to Germany, Austria, Italy and Spain. Beginning right this moment, the individuals of France can take pleasure in the benefits of bunq too.

In response to analysis printed by EY, younger French customers are getting more and more dissatisfied with the present banking panorama*. With the growth to France, bunq meets the rising demand in France for a very cell banking service. Being the one bank that helps Maestro and Credit cards for Apple Pay, (discover the official press launch Apple Pay connected) the néobanque gives French customers the power to pay in all places with their cell phone.

“It’s our mission to take away borders and limitations in conventional banking. In simply 5 minutes, French customers can arrange Apple Pay and pay with their cell phone wherever they go. This manner Bank of The Free brings liberté to the French market”, says founder and CEO Ali Niknam.

bunq celebrates the launch with advertising occasions in French hubs corresponding to Paris, Toulouse, Lille and Bordeaux.

 

bunq & TransferWise: sending cash overseas at the actual exchange charge

Impartial analysis has proven that by partnering with TransferWise, bunq will turn out to be as much as eight instances cheaper in a single day than its greatest rivals. bunq customers might be instructed upfront how a lot they’re charged to ship cash overseas. The 2 corporations are dedicated to introducing transparency in an business the place hidden charges are commonplace.

“Our mission is to free our users from borders and barriers in traditional banking, such as hidden fees. We think TransferWise is a valuable addition to solidify that mission. This is the next big step in bringing freedom to the traditional banking industry”, stated founder and CEO Ali Niknam.

ZeroFX®: no overseas transaction charges on purchases outdoors the Eurozone

bunq is the primary bank to not cost any overseas transaction charges (FX charges) on purchases outdoors the Eurozone. The place different monetary establishments cost FX charges on card transactions in foreign currency, bunq will solely cost the ultimate exchange charge to their customers.

Bill scanning: merely scan & pay invoices

Tonight bunq introduces Bill scanning. bunq customers can now merely scan and pay invoices with out filling out cost particulars manually. The place different banks robotically generate a cost or restrict their service to simply accept giros invoices, bunq allows you to scan any sort of bill and robotically generates a cost within the app.