"We keep our business model flexible": Interview with bunqs founder Ali
Summary
As the economy crumbled due to bad loans, I felt it was my social duty to create a bank that would make life easy, as well as value transparency and innovation. Three pieces of advice that I would give to fintech founders looking to expand abroad would be: Many people are suddenly working remotely and isolating at home, due to the current pandemic. We have adapted our services to reflect the current global crisis such as increasing our contactless limit to €100 and provided our users with information on how they can reduce the spread of germs as they bank. This time is challenging for many businesses, but the fintech industry is in a position to come out of the other side stronger than before – especially, as countries rush to digitalise and move towards cashless structures. As we move forward, we keep our business model flexible – always readily malleable in order to adjust to what our users want and need from banking.