A few days back, Ali Niknam, founder and CEO of bunq, an Amsterdam-based challenger bank, posted a LinkedIn message in response to the outbreak of the Russia-Ukraine war.
The support through the message has quickly grown and far bigger than anyone could have expected, leading to the establishment of People for People, a non-profit organisation that provides aid for victims of the humanitarian crisis in Ukraine.
The foundation was founded by Dutch tech entrepreneurs Ali Niknam (bunq), Joris Beckers (Picnic), and Robert Vis (MessageBird). Pieter Jan van Krevel, former CFO of TransIP, will develop and oversee the foundation in his role as director.
Free bank account
In the recent development, the People for People Foundation has announced that they will supply Ukrainian refugees with free bank accounts.
Consequently, the foundation, in collaboration with bunq, will supply Ukrainian passport holders with a free temporary bank account.
Those affected get an IBAN, a European bank account number, and will be able to make payments using a virtual card, says the foundation.
The announcement comes after the foundation has started processing its first visa applications for highly skilled migrants, extensions, and families in collaboration with iPermit.
Who is eligible?
Any Ukrainian citizen currently in the EEA that has had to flee Ukraine is eligible for a free Easy Bank account that’ll be operable for three months.
How does it work?
- Download the bunq app
- Sign up and choose an Easy Bank account
- Once you’ve verified your identity with a valid Ukrainian passport, bunq will automatically open your free account
Messagebird, a cloud communications platform, on Monday announced that it has launched MessageBird.org, a company NGO fund of $10M (approx €8.92M). Notably, MessageBird has also been part of the launch of a private NGO called ‘People for People.’
Fintech Files Powered by AWS
In the new section Fintech Files, in collaboration with AWS, we are keeping tabs (pun intended) on the thriving fintech industry in the Benelux. Want to learn more about the benefits of the cloud, or talk to one of their experts? Visit AWS Startup Loft to register for the latest events, get free 1:1 support from AWS experts and discover more resources. Build and scale your (fintech) startup with $1,000 in AWS Activate credits, free tools, technical support and training to quickly get started with AWS. Learn more about AWS Startup Loft.