Dutch Fintech Bunq Reapplies to Become a Bank in the US

The Dutch fintech Bunq BV applied to become a US bank two years after rescinding a previous application under former President Joe Biden.

“We believe that this is a unique opportunity for us,” founder and Chief Executive Officer Ali Niknam said in an interview. The company said it submitted its application for a national bank charter with the Office of the Comptroller of the Currency on Tuesday.

Bunq caters to “digital nomads,” or professionals who have the freedom to work entirely remotely and travel to jurisdictions other than their home country, but may struggle to access a bank account while ...