Bunq B.V.
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Bunq B.V. - overview
Established
2012
Location
Amsterdam, -, Netherlands
Primary Industry
Financial Services
About
Based in Amsterdam, Netherlands, and founded in 2012, Bunq B. V. operates as a digital bank intended to replace traditional banking by offering financial services with special deals and perks through a mobile app. The company was founded by Ali Niknam and is backed by Pollen Street Capital in a Series A funding round in July 2021.
As part of the deal, Bunq acquired Capitalflow Group, an Irish lending company previously owned by Pollen Street Capital. The company operates in 30 European markets and surpassed over EUR 1 billion in user deposits as of July 2021. In April 2024, Bunq B. V.
raised EUR 29 million in venture funding from investors. Bunq is a digital bank that offers services such as current and savings accounts, money transfers, prepaid cards, and bill payments, and features EasyTravel for credit cards for traveling, EasyMoney for subscription & budget management, and Easy Green if you want to save for clean environment. The company charges users monthly subscription fees depending on the type of accounts. The company charges users monthly subscription fees depending on the type of account.
Fees for Personal accounts range from EUR 3. 99 per month to 18. 99 per month while Business accounts range from EUR 7. 99 per month to EUR 23.
99 per month. The company intends to use the April 2024 funding to expand its market reach in the UK and the US.
Current Investors
Pollen Street
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Accounting/Finance Software
Website
www.bunq.com/
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Growth Stage/Expansion
Total Amount Raised
Subscriber access only
Bunq B.V. - timeline of key events
Bunq B.V. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Capitalflow Commercial Finance | - |
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Bunq B.V. - employee data
Bunq B.V. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Of The Supervisory Board | BM |
BM Board Member
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