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U.S. Regulator Rejects Dutch Fintech Bunq’s Banking License Application

They cited supervisory and compliance concerns, adding that Bunq’s application didn’t clearly explain how the company would have sufficient capital in the U.S.

U.S. Regulator Rejects Dutch Fintech Bunq’s Banking License Application

We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.

Read the original at wsj.com →

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