Bunq the first European fintech to roll out Mastercard True Name cards

By Oliver Smith on Wednesday 19 May 2021

Digital Banking

Available immediately in 30 countries including the UK.

Bunq the first European fintech to roll out Mastercard True Name cards
Image source: Bunq.

After launching its True Name cards in Europe last July to support the transgender community, Mastercard has found its first customer in Dutch challenger bank Bunq.

Bunq is now offering True Name cards in all 30 countries it operates in, including the UK.

As a reminder, True Name cards are in support of the transgender and non-binary communities who struggle with getting names changed on bank cards and have to deal with daily confusion over the name on their bank cards. 

“We stand alongside organizations that continue the amazing efforts that all LGBTQIA+ trailblazers have made,” said Bunq.

“It's going to take a lot more listening, talking and action: but together with Mastercard, we're taking a small step that we hope will make a big difference in how you celebrate your true identity.”

True Name cards can be ordered immediately by any eligible existing Bunq cardholder, and cards can display any name they choose.

Mark Barnett, president of Mastercard Europe, said: “This will ease a major pain point in the transgender and non-binary community and allow people to use their true name securely, simply and with pride. We call on the industry to apply these standards for everyone.”

Sign up for our newsletters


Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.