bunq integrates Zapier’s finance management tools

Dutch challenger bank bunq did not just make fun of its German competitor N26 for its decision to pull out of the UK due to Brexit last week, it also teamed up with Zapier.

The partnership has seen bunq customers being able to tap into Zapier’s solutions that make it easier for them to automate their finances.

Zapier can connect to other apps – such as Google Sheets and Microsoft Excel – and automatically trigger workflows in those apps whenever there’s a new payment or updated balance at the digital lender.

The news comes as bunq teased N26 last week after the German rival had announced that it would close all its UK accounts in April. N26 argued that the regulatory environment had become too tricky because of Brexit.

However, this gave Ali Niknam, founder and CEO of bunq, a prime opportunity to throw some shade at its competitor.

“You might have heard one of our FinTech peers is leaving the UK,” he wrote in a statement. “Fear not: bunq is here to stay. Based on the current rules and regulations, we see no (regulatory) reason to leave the UK. In fact, we love you guys! Let’s bunq together.”

Copyright © 2020 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.