Dutch digital bank Bunq eyes further growth in Ireland with travel insurance offering

The move comes after chief executive of Bunq told the Irish Examiner of his plans to expand in Ireland while attending the Web Summit in Lisbon last year

Bunq said it had 'set its sights on Ireland' with its new offering as its user base in the Republic nearly doubled in the last 12 months and the firm reported a surge in deposits, up 114% since the start of the year.

Dutch-owned digital bank Bunq announced plans to roll out its travel insurance offering for customers in the Republic, in a bid to enter the global insurance market.

Bunq said it had “set its sights on Ireland” with its new offering, as its user base in the Republic nearly doubled in the last 12 months and the firm reported a surge in deposits, up 114% since the start of the year.