bunq enables users to become CO2 free in less than 2 years
Blogs on 2nd April 2020
European challenger plants trees for all card payments and introduces SuperGreen subscription
Amsterdam, 02 April 2020 – bunq enables users to become CO2 free in less than 2 years by introducing bunq SuperGreen. Following its recent successful bunq Green Card launch, bunq users together planted over 100.000 trees in just 4 months. According to a poll started on bunq’s active online community 81% of bunq users wish to plant trees with every card payment they make. That’s why, renowned for listening to its users, bunq implemented their feedback and will start planting one tree for every €100 euro spent, with any bunq card. The European challenger bank aims to plant at least half a million trees before the end of the year.
Planting trees is one of the easiest ways to positively affect the environment. A tree produces clean air, reduces carbon, and provides shelter to wildlife. The trees planted by bunq in partnership with Eden Reforestation are the most cost-effective trees in the world according to The New York Times. They capture 308kg CO2 over their 25 average lifespan and combined with bunq’s unique green subscriptions, have such a green impact that it takes less than two years to start offsetting users’ yearly carbon footprint and allowing them to be fully carbon free.
“At bunq we want to make green easy. That’s why we’re the only bank in the world that enables you to become completely CO2 free in less than 2 years. We’re extremely excited to announce that, starting today, our users can plant trees with every card payment they make”, says founder and CEO Ali Niknam.”
Starting today, both bunq Premium as well as bunq Business users can simply upgrade their subscription to bunq Premium SuperGreen and bunq Business SuperGreen and start planting trees for every card payment they make. Inside the app, they can keep track of the number of trees they planted in real-time.
bunq was founded in 2012 by Ali Niknam (1981), who managed to get the first European banking permit in over 35 years. He set out to radically change the traditional banking industry and, as its sole investor, invested €44.9m in bunq. bunq’s latest publicly available number of user deposits is €433,410,761 based on the deposits in December 2019. Throughout 2019 the total amount of user deposits doubled and is increasing every day. bunq is currently available in 30 European markets: the Netherlands, Germany, Austria, Italy, Spain, France, Belgium, Ireland, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Latvia, Lithuania, Luxembourg, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, the United Kingdom and Norway and Iceland.