
Bunq Targets UK Market with EMI Licence Amidst IPO Plans
Hey FinTech Fanatic!
We start the week with interesting news from Amsterdam. Neobank Bunq, Europe's second-largest with 11 million customers, is seeking a UK payments license, aiming to rival Revolut and Monzo as it prepares for an IPO.
The Amsterdam-based bank, profitable for the first time in 2023