bunq partners Currencycloud for multi-currrency account

Amsterdam-based digital challenger bank bunq has partnered with Currencycloud to deliver a “truly international bank account”.

bunq's accounts will now give users the ability to manage, receive and pay funds in different currencies.

Initially, bunq customers will benefit from five new currencies, including the US dollar and the British pound. These are in addition to existing euros accounts that can accept funds via SWIFT and local payment schemes.

The multi-currency accounts will be supported by the Currencycloud Spark e-wallet solution.

“This will bring huge benefits to all bunq personal and business users, giving them the freedom to easily use multiple currencies without ever having to leave the bunq app,” said Ali Niknam, founder and CEO of bunq.

Nick Cheetham, chief revenue officer at Currencycloud, added: “We have watched bunq go from strength to strength across Europe, and we are thrilled to be working with them to expand their offering and reach new markets through Currencycloud Spark.”

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