Bunq to Offer Bitcoin-Friendly Bank Accounts
Hey Digital Banking Fanatic!
Europe's neobank powerhouse bunq has teamed up with Dutch Bitcoin platform Blockrise to deliver secure, IBAN-backed bank accounts for Bitcoin users.
Now, Blockrise customers can hold euros alongside their BTC in fully compliant accounts, protected up to €100,000 by the Deposit Guarantee Scheme, seamlessly bridging traditional finance with crypto custody.
This partnership launches with personal accounts in the Netherlands, with plans to expand to business accounts and the wider EU, complete with future perks like payment cards and interest-bearing options.
It's a play for financial inclusion, letting Bitcoin holders manage fiat without sacrificing self-custody or security under MiCAR rules.
bunq rolled out its crypto product in 2025 for direct in-app investing. By embracing BaaS to power partners like Blockrise and prioritizing user-friendly features like instant payments and budgeting tools, they look to outpace rivals like Revolut or N26 in flexibility and speed.
We will see if bunq's Bitcoin push finally tips the scales against entrenched competitors, or is it just another crypto gimmick in a crowded market?
Dive deeper into digital banking's latest moves below. Catch you tomorrow!
Cheers,
INSIGHTS
🇪🇸 Revolut ranks as the top bank in Spain for customer emotional attachment.
NEWS
🇳🇱 bunq and Blockrise partner to provide users with secure access to Bitcoin services. The service will help provide users with better, safer products by handling complex compliance and security requirements so they can innovate faster. Read more
🇧🇷 CGD Brasil is closer to being sold. Nubank wants to close the deal for 42 million by the end of the year. The deal would support Nubank’s expansion in Brazil as it works toward securing a full banking license, while CGD moves forward with divesting its local operations.
🇲🇽 Revolut wants to compete with GBM and Bitso with a global investment platform. Revolut Markets seeks to expand its offering in Mexico and position itself as a relevant player in the digital retail investment segment. According to a statement, the application will have access to more than 2,000 stocks and exchange-traded funds (ETFs) from the US market.
🇬🇧 Airtel targets $2bn London IPO for mobile money unit. The listing would be a boost for the LSE, which has recently seen local FinTechs such as Klarna, Wise, and Revolut either pick or at least explore New York for IPOs. Read more
🇺🇸 Bloxley partners with Equals Money | Railsr to power European financial infrastructure. Through the partnership, Bloxley will integrate Equals Money's multi-currency account capabilities, international payment rails, and enterprise-grade security features into its platform, creating reliable, compliant, modern payment experiences for its customers.
🇳🇬 MTN Group to acquire 60% stake in MTN Nigeria’s MoMo and Y’ello Digital for N95bn. The move aims to consolidate ownership under a new holding structure while reducing MTN Nigeria’s exposure to loss-making FinTech operations.
Want your message in front of 100.000+ FinTech fanatics, founders, investors, and operators?
Shoot me a message on LinkedIn or send me an e-mail.
