Bunq Accelerates Global Expansion With Mexican Banking License Bid

European neobank Bunq filed for a Mexican banking license, saying it aims to serve the growing number of global citizens within, and with ties to, Mexico. With a full banking license, Bunq would be able to offer Mexican residents full-service banking, multicurrency accounts and protected deposits under the Institute for the Protection of Bank Savings (IPAB), the company said in a Wednesday (May 13) press release . “Bunq is designed for people who live, work and travel across borders, and as a vi