Amsterdam-based neobank Bunq has announced the launch of a new feature that will allow its users to invest their cash via a new partnership opportunity with Birdee, a digital-forward investment platform. Founded in 2012 by Ali Niknam, Bunq has witnessed substantial growth in recent years. In 2021, the company was able to raise €193m in a deal with British private equity firm Pollen Street Capital.
Bunq customers will now have the option to invest their money via three diversified portfolios, all of which adhere to rigorous eco-friendly criteria. "This is a really exciting development for bunq. With ‘Easy Investments’, bunq users can put their money to work and earn more effortlessly, all while helping to build a greener planet," Bunq founder and CEO, Ali Niknam.
Neobank Investing Features
Bunq Partners with Birdee to Provide Customers New Investment Options
Trend Themes
1. Digital Investment Platforms - The partnership between neobank Bunq and Birdee presents an opportunity for other neobanks to incorporate digital investment platforms into their own offerings, potentially disrupting traditional investment firms.
2. Eco-friendly Investing - Bunq's focus on providing eco-friendly investment options is a trend that may motivate other companies to adopt similar investment strategies, potentially disrupting industries that do not prioritize sustainability.
3. Neobank Partnerships - Bunq's partnership with Birdee presents a trend of neobanks collaborating with fintech companies to provide additional services to customers and may encourage further collaboration across various industries.
Industry Implications
1. Fintech - The partnership between Bunq and Birdee may inspire other fintech companies to form collaborations, potentially disrupting traditional banking and investment structures.
2. Sustainable Investing - Bunq's focus on eco-friendly investment options presents a trend in the sustainable investing space that may disrupt industries that do not prioritize the environment.
3. Private Equity - Bunq's recent deal with British private equity firm Pollen Street Capital underscores a trend of private equity investment in neobanks that may disrupt the traditional banking industry.