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May 31 2020

Bunq adds donations to charities with its “Update 14”

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Dutch challenger bunq is adding a new option to its app that lets you donate to charities directly. Bunq is also redesigning the app and launching a public beta test of the V3 version to get feedback from its users.

Read also: Bunq challenger lets you create joint accounts with others

The charity donation option was already featured with Revolut. The main difference is that bunq is not offering just a few of the selected charities.

So – if your local charity has an IBAN number, it is possible to add it to Bunq’s donation feature. The same can be done with local businesses etc..

To introduce features of the new V3 app, bunq has cited following:

In the V3 app, you’ll be able to explore everything bunq has to offer with 4 simple tabs:

  • Find everything that’s yours under “me” – like money, time or CO2 saved
  • Check out “us” to see what bunq does for you – like total CO2 saved by all bunq users, total investments or total donations
  • See your “profile” for everything that relates to you – like getting help when you need it
  • Tap “camera” to scan invoices or receipts

Bunq has tried to remove clutter by focusing on one main button on each page. The app will be divided in four main tabs.

Read also: Bunq is looking for acquisitions of fintech peers during the crisis

The first tab, called “Me,” second tab, called “Us,”. The third tab features your profile information. And the fourth tab is a dedicated camera button. With this, the bunq customer will be provided with an option to scan invoices and receipts as mentioned.

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  1. Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns

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  2. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance

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  3. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico

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  4. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering

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  5. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize

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