Netherlands' Bunq opens banking-as-a-service platform to EU businesses

Dutch neobank Bunq has opened its banking-as-a-service platform, bunq-as-a-Service, to businesses across the European Union, extending a product that had been running with a single anchor partner since April 2026. The move, announced on Tuesday, extends the service to mid-size and enterprise companies looking to embed financial services in their products.

The platform enables corporate clients to issue virtual cards, initiate instant SEPA transactions and offer on- and off-ramping of fiat currency to their end users. Fiat deposits held on the platform are protected up to EUR 100,000 through Bunq's European banking licence and the Dutch Deposit Guarantee Scheme.

BLOCKRISE PROVIDES EARLY TRACTION

Bunq-as-a-Service launched in April 2026 with Dutch Bitcoin platform Blockrise as anchor partner. In the platform's first month, 40% of eligible Blockrise users migrated to their own personal bunq IBAN, an early indicator of user take-up.

"It's our license, our compliance, our infrastructure but the partners own the user journey and focus on what they do best: creating exceptional experiences for their users," said Joe Wilson, Chief Evangelist at bunq.

TARGET SECTORS

The commercial launch comes as Bunq continues to describe itself as Europe's second-largest neobank and the first EU neobank to reach structural profitability. Bunq said the platform is designed for companies in retail, e-commerce, SaaS, mobility, the gig economy and crypto, and also supports loyalty programmes and subscription functions embedded in payments.

For prospective corporate clients, the general availability announcement means access to the platform is no longer restricted to selected partners. Businesses across the EU can now integrate the service to embed banking features into their own products, with the deposit guarantee protection through the Dutch scheme intended to reassure both operators and end users about the safety of balances held on the platform.

Bunq said that by making its technology accessible to other businesses it aims to drive innovation and improve financial services for users across Europe, beyond its own app.

The service also offers instant settlement and payments via Mastercard, Google Pay and Apple Pay.