Frankfurt/Amsterdam/Berlin, 24 September 2024 — bunq, the second largest neobank in Europe, is partnering with Ginmon and Upvest to provide seamless access to stocks and ETFs. The partnership with Ginmon, a leading German fintech specializing in innovative solutions for Brokerage and Asset Management, and Upvest, the leading European provider of investment infrastructure, will allow millions of investors to easily invest through the bunq mobile app. Following the launch in France and the Netherlands, this innovative investment offering is set to be rolled out across Europe in the near future, with Germany being the next market.

With this initiative, investors can invest directly in financial markets using the bunq mobile app. The offering includes trading in stocks and ETFs as well as fractional shares in euros and will be expanded in the future to include additional financial products.

Ginmon, Upvest, and bunq successfully developed and implemented the project from concept to execution in just under two months. Ginmon provides bunq and its customers with a secure and intuitive investment experience, while Upvest supplies the investment infrastructure for fractional trading and custody services, ensuring efficient and secure transactions for customers.

Quotes from the respective CEOs:

Ali Niknam, founder and CEO of bunq, is pleased: "Investing in stocks should be as easy as making a payment or checking your balance. That’s why we’ve developed the simplest way to invest with Ginmon and Upvest, allowing our users to buy shares of the most exciting companies in the world in seconds."

Lars Reiner, founder and CEO of Ginmon, comments: "We are very excited about the collaboration with bunq and Upvest on this groundbreaking project. The speed at which we have brought this offering to market is unprecedented in the industry. By integrating our brokerage and managed investment solutions into bunq's state-of-the-art app, and leveraging Upvest’s robust infrastructure, we are setting a new standard for financial services across Europe."

Martin Kassing, co-founder and CEO of Upvest, says: "Our collaboration with bunq and Ginmon is a significant step forward in financial technology. Upvest is proud to bring our advanced investment infrastructure to this project in partnership with Ginmon, our very first client. Together we are creating a comprehensive and secure financial system that will drive innovation and set new standards in the European market."

About bunq

Founded in 2012 by serial entrepreneur Ali Niknam, bunq has fundamentally changed the European banking landscape. By placing its users at the center and developing a product tailored to their wishes and needs, bunq has quickly risen to become the second largest neobank in Europe. bunq serves digital nomads across Europe, making life easier for location-independent individuals and companies. This starts right from the way they manage their money: how they spend, save, budget, and invest.

bunq has pioneered and was the first bank in over 35 years to obtain a European banking license. It secured the largest Series A round ever achieved by a European fintech company (193 million EUR). bunq was the first neobank in the EU to achieve structural profitability by the end of 2022. In its quest to become the first global neobank for digital nomads, bunq announced in April 2023 that it would seek to enter the US market by applying for a banking license.

About Ginmon

Ginmon was founded in 2014 by Lars Reiner and Ulrich Bauer and offers private investors in Germany and Europe both automated and self-directed investment solutions. In Germany, Ginmon has received various awards (e.g., No. 1 in CAPITAL 2023) and is known as one of the leading digital asset managers, focusing on goal-based investment solutions. The proprietary wealthtech platform developed by Ginmon, apeiron®, supports various B2B partners with white-label solutions and provides both frontend/UX, technology, and licenses required for launching brokerage and asset management offerings.

About Upvest

Upvest is a fintech founded in 2017 by Martin Kassing, enabling financial institutions of all kinds to offer the full range of investment products with its investment API. The cloud-native core banking system provides significant advantages in scalability, modularity, and cost. Upvest is committed to making investing as easy as possible and helping millions of people take control of their wealth building. The Berlin-based company currently employs over 150 people across Europe. The latest funding round of 30 million euros included participation from BlackRock as well as existing investors Bessemer Venture Partners, HV Capital, Earlybird, Notion Capital, ABN Amro Ventures, and 10x Capital.

• bunq offers millions of customers investment options in stocks and ETFs with its latest app update. More instruments and markets will follow after the launch in France and the Netherlands.

• Ginmon provides both brokerage and asset management as a white-label solution from a single source, including the necessary licenses, technology, and market expertise.

• Upvest brings its scalable, powerful investment infrastructure and serves as a fundamental technology partner as well as a financial intermediary and custodian for bunq’s end users.