Bunq, a neobank for 'digital nomads,' accelerates U.S. expansion effort as profit jumps 65%

Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a "large and underserved" market of some 2.8 million British "digital nomads." Dutch digital bank Bunq on Tuesday said it's filed for broker-dealer registration in the U.S. as it looks to further expand across the Atlantic. Bunq CEO Ali Niknam said the broker-dealer application will be an initial step toward securing a full banking license. He couldn't offer a firm timeline for when Bunq will secure this authorization in the U.S. — but said he's excited for its growth prospects in the country. Obtaining a broker-dealer license will mean Bunq "can offer our users who have an international footprint — which is the user demography we're aiming for — a great number of our services," Niknam told CNBC. Bunq mainly caters for "digital nomads," individuals who can live and work from anywhere remotely. Bunq will be able to offer most of its services in the U.S. with the exception of a savings account after securing broke ... Read full article.