Amsterdam-based bunq, a neobank, on Monday introduced that it has rolled out a brand new replace, Replace 26, in Amsterdam.
As part of the replace, the Dutch neobank launched Shares — a brand new funding product designed notably for digital nomads.
The transfer is available in mild of bunq’s analysis that 47 per cent of European digital nomads are already actively investing, whereas 41 per cent are contemplating beginning within the subsequent 12 months.
Why bunq Shares?
Not like conventional brokerages, bunq goals to take the complexity out of investing, permitting digital nomads to put money into the preferred shares and ETFs.
In a simplified method, Shares may have a curated listing of the preferred US and EU public corporations and simple, international multi-asset ETFs by bunq’s accomplice Ginmon.
With this platform, customers can open an funding account inside seconds, and purchase and promote shares in fractional shares as little as €10.
Within the first three months, all trades are free.
Ali Niknam, founder and CEO of bunq says, “Investing in shares needs to be as easy as making a cost or checking your stability. That’s why we’ve designed the best solution to begin investing, permitting our customers to purchase shares of the world’s most enjoyable corporations in seconds.”
At present, Shares will probably be accessible within the Netherlands and France in beta and will probably be regularly launched all through the remainder of Europe.
Upvest supplies the funding infrastructure for fractional buying and selling and custodial companies, guaranteeing environment friendly and safe transactions for finish customers.
Along with Shares, bunq introduced a number of updates as part of Replace 26.
Finn, bunq’s AI cash assistant may give ultra-personalised budgeting ideas in addition to advocate bars and eating places within the space.
Alongside this, bunq has launched an eSIM for frequent travellers.
Activated from the bunq app, the eSIM will give digital nomads uninterrupted web entry in 160+ international locations, serving to them save as much as 90 per cent on roaming prices.
In Might, the Amsterdam neobank additionally launched a worldwide one-time activation journey insurance coverage in collaboration with Qover, a world embedded insurance coverage supplier.
