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]