Core Viewpoint - Bunq, a neo bank, has applied for a de novo banking license in the US to offer banking services, including the option for users to open both US and European checking accounts [1][2] Group 1: Licensing and Regulatory Developments - Bunq has recently received approval from FINRA for a broker-dealer license, which follows its application for a US banking license initiated in 2023 [2] - The application for a US banking license aligns with Bunq's ongoing expansion efforts, including an EMI license application in the UK [2] Group 2: User-Centric Services - Bunq aims to provide services that cater to users who are building lives across borders, allowing them to establish credit histories in the US using their European financial records [1][3] Group 3: Compliance and Operational Background - The Dutch Central Bank (DNB) fined Bunq €2.6 million (approximately $3 million) for serious shortcomings in anti-money laundering procedures [3][4] - An investigation by DNB revealed that Bunq did not comply with the Anti-Money Laundering and Anti-Terrorist Financing Act from January 2021 to May 2022 [4]

Sequoia-backed fintech platform Aspora, which lets the Indian diaspora send money back to India, is launching a new feature for users to pay bills. This means Non-Resident Indians (NRIs) can pay utility bills or recharge their mobile prepaid plans for their family. The startup said that until now, users had to either transfer the money to their Indian accounts or ask someone to handle the bills for them. The other option for them was to use their foreign cards and try and pay bills while facing high char ...

As I suspected, @useTria are setting a precedent with rewarding premium cardholdersGuaranteed allocation in the Legion Sale, and more to come?Just make sure you fill out the Google Form in the article (I’ll link below)Still time to lock in a card at a 20% discount 👇🏼 https://t.co/AaEtESs9IEs4mmy (@S4mmyEth):If you want to book everything with stablecoins there are several Neo bank options available1) Setup an account using your Google/Apple Account/Email2) Deposit the stables (or crypto) into your Neo bank ...