bunq is a banking app which allows you to have total control over your money through your phone.

bunq exists to challenge what banking is and can be for you, to break free from the status quo.

bunq was founded in 2012 by Ali Niknam. The company is headquartered in Amsterdam, North Holland, Netherlands, with offices in Paris, Rotterdam, Sofia, and Cologne.

 

bunq offers a mobile banking service for digital nomads across the European Economic Area, to manage money in terms of spending, saving, budgeting, and investing.

 

Bunq's consumer-centric approach and user-friendly technology have made it a standout player in the digital banking sphere. The company's services are based primarily around a model where users pay not big fees for doing transfers and other transactions across borders.

 

bunq delivers seamless banking experiences for its steadily growing user base, which recently crossed the 9 million mark, accounting for over €4.5bn in deposits.

 

bunq is backed by Pollen Street Capital, Founder & CEO Ali Niknam, Raymond Kasiman, and others. The company raised an additional €44.5M ($49M) in a growth financing on Jul 24, 2023. This brings bunq's total funding to €337M to date. The latest round keeps the company's valuation to €1.65B, similar to its previous valuation after a fundraising in Jul 2021.

 

 

  • Year founded: 2012
  • Funding Info: €337M over 7 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at €1.65B Jul 24, 2023
  • City/Town: Amsterdam
  • State: North Holland
  • Country: Netherlands
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