Bunq, Kraken team up to offer crypto service

European neobank Bunq has expanded into cryptocurrency, partnering with U.S.-based crypto exchange firm Kraken, the company announced on Tuesday.

Bunq’s latest venture, driven by customer demand to invest in crypto, will help users open an account “in seconds” and trade over 300 cryptocurrencies, including bitcoin, Ethereum and Solana, the company said.

Bunq Crypto was launched in the Netherlands, France, Spain, Ireland, Italy, and Belgium, with plans to gradually roll out the product to the remaining countries in the European Economic Area, the U.K., and the U.S., where it has already applied for banking licenses.

“Our users across the world have long waited for a simple,…

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