Dutch bank Bunq has been fined €170,000 for failing to respond promptly to fraud victims' complaints. The fine was imposed due to delayed responses to reported fraud incidents.

Bunq, a European mobile bank, has filed for a banking license in Mexico, signaling its intent to expand operations into the Latin American market.

Dutch online bank Bunq is seeking a banking license in Mexico as part of its expansion plans into Latin America, following its presence in Europe and the United States.