Profitable Digital Bank bunq Raises More Money at €1.65 Billion Valuation

Profitable digital bank bunq has raised more money. According to a note from the firm bunq has received €44.5 million at a pre-money valuation of €1.65 billion.  In 2021 bunq raised €193 million at the same valuation.

Bunq was founded by Ali Niknam after he secured the first European banking license in over 35 years. Niknam bootstrapped the Fintech for almost ten years, committing almost €100 million of his own funds to get the bank off the ground.

Following this most recent capital infusion bunq has now received about €100 million in outside money. Beyond Niknam, other investors in the Fintech include Pollen Street Capital and Raymond Kasiman. The money is expected to be used to help boost its growth. Currently, bunq claims to be the second-largest digital bank in Europe.

As was previously reported, bunq now tops 9 million users in Europe and has doubled its user deposits in just four months, with deposits now topping €4.5 billion.

Niknam said it has been a “magical” year for his company.

“we’re rapidly expanding and have seen massive deposit growth. With more and more people entrusting their money to us, we’re convinced that we should double down on our momentum and cement the way forward for future growth.”

bunq reported a net profit during Q4 of 2022 and predicts a full-year profit for 2023



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 7, 2026 vs Jan 1, 2025 - Nov 7, 2025

Share this graph
Number of Filings134Prior 129 +3.9%
Target Raise, Total$3.45BPrior $3.59B -3.8%
This YTDYear priorChange
Filings 134 129 +3.9%
Target raise $3.45B $3.59B -3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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