Dutch fintech bunq reports 6,5 million trees planted

Earlier this week, Dutch challenger bank bunq reported having hit a significant milestone of 6.5 million trees planted. The bank reports this effort is comparable to offsetting the CO2 that’s the equivalent of 2 million flights from New York to Paris.

Introduced in late 2020, bunq's Easy Green subscription allows users to offset their CO2 emissions by planting a tree for every €100 spent using their bunq bank cards. The trees are then planted in collaboration with Eden Foundation, a Huddersfield-based organisation working at grass-roots levels to help promote Islamic values of peace, unity, and respect.

bunq is Netherlands' most recent fintech unicorn and a mobile-first bank based in Amsterdam. Founded in 2012 by a tech entrepreneur Ali Niknam, bunq received a full-fledged banking license from the Dutch National Bank in 2015. The company has since grown into a leading European mobile bank available in more than 18 countries, reaching a grand total of over €1B in assets under management back in March 2021. bunq has since updated the plan structure and expanded their offering.

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