Dutch challenger bank Bunq launches joint accounts

By Aisling Finn on Thursday 23 April 2020

Digital Banking

Bunq+1 users can set up a shared account for whomever they want, including partners, children and employees.

Dutch challenger bank Bunq launches joint accounts
Image source: Ali Niknam/Bunq

 

Bunq, the Dutch app-only bank, has today announced it’s launching joint accounts for its Premium and Business account holders.

With Bunq+1 users will be able to create an account for anyone they want to, including partners and children.

Bunq+1 business users will be able to create accounts for employees helping them track expenses and company spending easily. 

All new users will receive their own card and will be able to spend and deposit money freely. 

Bunq’s CEO, Ali Niknam, who founded TransIP, the third biggest domain name and web hosting provider in the world, said: “At bunq, we are inspired by our users to create new features that makes life easier.”

“By listening to their feedback we have developed this elegant solution that makes shared finances easy for children, (co-)workers and partners all in one go.” 

Earlier this month it was revealed that Bunq was on course to help its customers become carbon neutral within the year following the widespread success of its Green card that lets users plant a tree every time they spend €100.

The digital bank also announced that to date it had helped users plant over 100,000 trees, the equivalent to 32,560 flights from Paris to New York.

As of September 2019, Bunq launched in all EU countries and, despite launching in non-Euro currency countries, including the UK, it remains a Euro-only bank.

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