Dutch Fintech Bunq Wins Regulatory Approval as US Broker-Dealer

Dutch fintech Bunq BV said it received regulatory approval for a broker-dealer license in the US, allowing the online bank to offer securities trading to customers as it expands internationally.

The Financial Industry Regulatory Authority, Wall Street’s self-funded watchdog, granted the license, according to a statement Monday from Amsterdam-based Bunq, which applied for it in April.

“Our users roam the world – they live, work and travel across borders,” Bunq founder and Chief Executive Officer Ali Niknam said in the statement. “For many, the US is an important part of their lives. That’s why we’re excited to bring Bunq stateside ...