Bunq has become the latestfintechto enter the crowded European stock trading market.
The Amsterdam-based neobank yesterday announced its new Stocks product, which it claims is tailored to digital nomads.
The Dutch bank already provides in-app portfolio investing options in environmentally-friendly companies.
Stocks significantly expands the offerings.
Users can now invest in popular US and EU public companies as well as multi-asset ETFs.
Stocks on offer include Apple, Tesla, and Nvidia.
For the first three months, there is no trading commission.
This will then rise to 0.99 per trade.
Users can buy and sell stocks in fractional shares, starting from 10.
It now has 14.5 million users across Europe, making it the largest neobank in the region.
The company has also applied for banking licencesin the UKand the US.
Revolut has been offering stock trading already since 2019.
It is now piloting astandalone investment appfor experienced investors.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
