Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Amsterdam’s Bunq, the Swiss army knife of banking, announces new revamped app with option for donating to charities

Shubham Sharma by Shubham Sharma
June 2, 2020
in News, Amsterdam, Promoted content, Software & SaaS, Startups
0
Amsterdam’s Bunq, the Swiss army knife of banking, announces new revamped app with option for donating to charities
142
SHARES
LinkedInTwitterWhatsAppFacebook

Digital banking is on the rise and with the current COVID-19 situation, it is reaching new heights. Bunq is one of the established players in the digital baking scene and it has now announced the third revamp of its app, Bunq V3. The company is adding a host of new features with the update, which are aimed at enhancing usability. Additionally, a new feature will enable users to donate for any charity they want to support. 

Bunq’s latest update is inspired by users

The updated version of Bunq is currently available in public beta, on the App Store. The app is revamped to be simpler and it now consists of four tabs with one just one button on each tab. The four new tabs are named Me, Us, Profile and Camera. The ‘Me’ shows users the time, money and CO2 they have saved, while the ‘Us’ tab provides information on everything about bunq, from total investments to trees planted. The Profile tab shows the user’s personalised profile with their information. Finally, the camera tab for users to scan invoices and receipts. 

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

In an interview with Silicon Canals, Ali Niknam, Founder and CEO of bunq, says, “V3 will make life easy and we have been doing the same with Bunq, since the start. Bunq was the first to launch a fully mobile onboarding experience when other banks required users to visit a branch, and fill paperwork, ultimately wasting time.”

“At Bunq, we always look at how to make things better and by closely listening to our users, we noted some improvement points. We started working on this project, which turned bigger and we ended up completely remaking the app. This is why we internally call the update Bunq V3, which is the third major redo of the app. Greatly simplified, it is in the public beta App Store.” Niknam adds. 

Support charities or start your own!

In addition to Bunq’s new revamped look and UI, there is also an option to donate to charities. Multiple establishments, especially local ones, are severely impacted due to coronavirus. From salons to grocery stores, there are multiple local establishments that were shut down during the coronavirus and some of them even closed down. With Bunq, one can not only support existing charities but also create their own local charities to help businesses in need. The app also allows one to invite other users to support their charities. 

Niknam remarks, “Many of our users have a strong moral compass and numerous ‘bunqers’ — as we call both, people working for bunq and our customers– are deeply engaged in bettering the world. We are trying to make it easier for them with our new feature. One sets up a page for a charity and others can donate to it through various means. These means include IDEAL, which includes the Dutch payment system, credit card, Bunq and others. When a donation is made, we transfer it to the iBAN (International Bank Account Number), which is publicly available on a donation page. You can set up a charity in seconds and share it with your friends to start fundraising for that goal.”

When users have the option to start a charity, there’s a chance that someone might use it for false purposes. To counter this, Bunq runs anti-fraud and anti-money laundering systems on all of the transactions and ensures that the donated money is transferred to the IBAN specified on a page. 

COVID-19 effect and the future of digital banking

While COVID-19 impacted multiple businesses, Bunq, being a smart platform was not impacted to the same degree. Commenting on the situation, Niknam says, “We commenced working from home and since we are completely digital with Slack and G Suite, there weren’t any problems. However, Bunq is special and there are many young people around the office. After a few weeks into lockdown, some people missed their colleagues and the energy of Bunq. While there has been some ease in lockdown, we are looking forward to further lifting of lockdown measures in the Netherlands.”

Digital banking is not a novel concept for the technologically advanced Netherlands. There are other regions that are developing rapidly. As per Niknam, “The Netherlands is already at the forefront of digital transformation. However, people in other countries like Germany still use cash a lot. We definitely see this changing rapidly. Furthermore, we are devoted to hiring the best talent. So, if anyone reading this is interested, we might have a great job for you.” 

For those in the fintech sector dealing with the current coronavirus situation, Niknam has some words of wisdom. “Remember the old saying, It is always darkest just before dawn. What I’m saying is just keep your head cool. This too shall pass, life will go on and everything will be fine again.” says Niknam. 

Image credits: Bunq

This article is produced in collaboration with StartupAmsterdam. Read more about our partnering opportunities.

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Hiring during COVID Intrinsic Search
Hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives Show Less
Read more
Tags: featurednewsSaaS
Share8Tweet29SendShare72

Partner content | Work with us

Future of coding: CTOs discuss low-code versus custom code software development for their business

Why now is the perfect time to start hiring for 2021

SaaS sales in 2021: 9 predictions from an industry expert

Diversity in hiring for SaaS: the often overlooked topic of ageism

Boost your scale-up’s growth by outsourcing to these top Eastern European software development companies

Subscribe to our daily newsletter

Check your inbox or spam folder to confirm your subscription.

Breaking news from Amsterdam | Partner

Amsterdam-based Media Distillery uses AI to understand what’s inside video; secures €3M

These powerhouse female VCs are funding Amsterdam’s most innovative and diverse startups

Amsterdam-based WeTransfer reportedly planning a stock market flotation

Amsterdam-based Peak Capital’s portfolio firm Flinders acquired by Nine United; VC firm’s first exit of 2021

Advertisement

Trending

11 AI leaders from Amsterdam to watch in 2021
AI and chatbots

11 AI leaders from Amsterdam to watch in 2021

January 7, 2021
Adobe flash
News

Adobe pulls the plug on Flash, but here’s how you can still play some iconic Adobe Flash games

January 4, 2021
eva de mol female vcs
Amsterdam

These powerhouse female VCs are funding Amsterdam’s most innovative and diverse startups

January 6, 2021
  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info