Tech Company Financing Transactions
Bunq Funding Round
On 7/24/2023, Bunq secured $111 million in financing from private investors and Pollen Street Capital.
Transaction Overview
Company Name
Announced On
7/24/2023
Transaction Type
Venture Equity
Amount
$111,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The plan will be to use the funding to continue expanding Bunq's business. The company currently has 9 million customers, compared to 5.4 million one year ago, and it has �4.5 billion in customer deposits (versus �1 billion two years ago). The majority of its customers are in Europe but Niknam said he sees as big of an opportunity in the U.S. as it has seen in its home territory. In April this year it started the process of getting a banking license sorted there.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Naritaweg 131
Amsterdam, 1043 BS
The Netherlands
Amsterdam, 1043 BS
The Netherlands
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We're here to break free from the status quo, and create the bank with you in mind. Giving you the freedom to live life on your terms. We've been a fully-fledged bank since 2014, getting our official banking licence from the Dutch Central Bank (DNB). Since then, we've been making life easy for our users in 30 European countries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ali Niknam
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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