# bunq
**Type:** [[Business Account]] · [[Issuing]]
**Archetype:** [[eu-sme-fintech-market-map|Issuing-led]]
**HQ:** Amsterdam, Netherlands
**EU licence:** bunq B.V. — De Nederlandsche Bank ([[DNB]]) banking licence
**Founded:** 2012
**Target:** Digital nomads, freelancers, EU-mobile businesses; ESG-conscious banking customers
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bunq is a Dutch digital bank (full banking licence, not EMI) with strong environmental positioning. It is best known for its personal banking product but operates a business account tier. Its differentiation is lifestyle and values-led — sustainability features, carbon-neutral card offering, tree-planting per transaction — rather than feature depth for complex SME workflows.
**Core products:**
- bunq Business account — EU IBAN, multi-currency sub-accounts ("Pockets")
- bunq Mastercard — physical and virtual debit cards
- Auto VAT — automatically sets aside the VAT portion of every payment into a separate pocket
- Travel Card — zero FX fees on card spend abroad
- Batch payments — pay multiple contacts in one action
**Key context:** bunq holds a full **banking licence** from DNB — not an EMI licence. This gives customer deposits deposit guarantee (DGS) protection up to €100,000, the same as Revolut Bank UAB or Solaris Bank. Its balance-sheet model differs from EMI safeguarding.
**Connected:** [[Issuing]] · [[eu-sme-fintech-market-map]] · [[DNB]] · [[Deposit Insurance]] · [[SEPA Credit Transfer]] · [[Revolut Business]]
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