Embedded insurance company Companjon and European challenger bank bunq join forces to provide users with digital insurance

Companjon, a leading insurer specializing in embedded digital insurance, today announced its partnership with bunq, the second largest neobank in the European Union. With this move, extended warranty and purchase protection will now be provided to bunq users by Companjon. Extended Warranty and Purchase Protection is an insurance product designed to cover financial losses incurred in connection with the purchase of certain items by bunq Easy Green users.

bunq is working with its users to build a greener future for everyone. Its flagship Easy Green subscription plan allows users to offset their carbon footprint in less than two years by making bunq plant a tree for €100 spent on any bunq card. For more security and peace of mind, bunq Easy Green users will now be automatically insured by Companjon when they purchase certain items using their bunq metal card.

“We are excited to partner with a de facto innovator like bunq and strive to improve the banking experience for their users” said Companjon CEO Mattias Naumann. “Companjon’s embedded insurance solutions complement bunq’s product portfolio and strong market position, and we look forward to working together to deliver value and peace of mind to end customers.”

“In everything we do, we strive to make life easier for our users. By offering our Easy Green users additional security when using their bunq card, we ensure they can focus on what matters to them, not money management.” Ali Niknam, founder and CEO of bunq, says.