Tagged: bunq

July 24, 2023 @ 10:26 am By JD Alois  |  

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… Read More

July 19, 2023 @ 9:09 am By JD Alois  |  

European digital bank bunq has now topped 9 million users, holding €4.5 billion in user deposits. Bunq reported that it grew its user base from 5.4 million to over 9 million in a bit longer than one year. In the last four months, Bunq has… Read More

April 5, 2023 @ 9:13 am By Omar Faridi  |  

The second largest neobank in the European Union is reportedly launching in all 50 US states. bunq, a neobank in the EU, has filed an application for a US banking license with the FDIC in the state of New York. By applying for a bank… Read More

October 12, 2022 @ 10:16 pm By Omar Faridi  |  

During times of unprecedented inflation in the Eurozone, bunq, which claims to be the second largest neobank in the EU, has observed a cross-country trend of younger European consumers being severely impacted by the ongoing cost-of-living crisis. The neobank’s clients in different European Union nations… Read More

April 4, 2022 @ 2:27 pm By Omar Faridi  |  

European Fintech bunq notes that you probably never met someone who “doesn’t like savings.” More savings, more money. It all sounds pretty good, the team at bunq writes in a blog post. It only gets “a bit more complicated when it comes to what you’re… Read More

February 24, 2022 @ 8:23 am By Omar Faridi  |  

European Fintech challenger bunq notes that managing your funds has become even easier when using their platform. The team at bunq writes in a blog post that consumers do not want to spend a lot of time on money admin, because there are so many… Read More

February 4, 2022 @ 9:02 am By Omar Faridi  |  

European Fintech Bunq has reportedly become one of Europe’s first neobanking platforms to offer its clients a straightforward and sustainable way to invest their funds. The Dutch firm was recently valued at €1.6 billion and has now introduced ‘Easy Investments’ as part of the most… Read More

January 5, 2022 @ 7:52 am By Omar Faridi  |  

European Fintech bunq reveals that with the new year and “new you,” they will help clients with  saving even more money in 2022, which means “having more to spend on the things that you love” or care about. The team at Fintech challenger bunq has… Read More

December 20, 2021 @ 3:23 pm By Omar Faridi  |  

European digital bank bunq has shared quick and safe ways to make contactless payments via their platform. According to bunq, gone are the days when you were required to carry physical payments cards with you everywhere, because now, most of the time, just your phone… Read More

December 6, 2021 @ 9:50 am By Omar Faridi  |  

Ali Niknam, CEO and founder of European Fintech bunq, recently noted that they are starting off on a “new beginning for bunq” Niknam wrote in a blog post dated December 2, 2021 that today “marks the start of a new chapter in bunq’s history.” Niknam… Read More

July 8, 2021 @ 10:00 am By JD Alois  |  

Pollen Street Capital has invested €193 Million in Bunq, a Netherlands-based digital bank. The investment represents a 10% stake in the Fintech valuing Bunq at €1.6 billion, according to multiple reports. It was reported last month that Bunq was looking to raise additional growth capital…. Read More

June 20, 2021 @ 2:45 pm By Omar Faridi  |  

Dutch banking challenger Bunq has reportedly committed to a €160 million round at a €1.65 billion valuation. Bunq will also be acquiring a small business lender as part of the transaction. Bunq’s latest investment round was joined by an unnamed UK-based private equity company. As… Read More

May 18, 2021 @ 3:08 pm By Samantha Hurst  |  

Mastercard announced on Monday it named European challenger bank Bunq the first European issuer to launch Mastercard’s True Name feature across Europe to support transgender and non-binary communities. According to Mastercard, the feature enables cardholders to leverage their chosen name on their card offerings, removing… Read More

December 31, 2020 @ 8:59 am By Omar Faridi  |  

European digital banks have experienced significant challenges this year. Many have continued to record substantial losses and have received complaints from clients regarding service-related issues. Investors have been pushing banking challengers to show them how they can generate sizable profits by effectively monetizing their products… Read More

December 27, 2020 @ 10:10 pm By Omar Faridi  |  

Dutch banking challenger Bunq has reportedly managed to grow its mortgage portfolio by 400% within six months. Bunq began offering mortgages to Dutch clients in July 2020. The digital bank has teamed up with third-party broker, asset manager NN IP, in order to provide these… Read More

April 25, 2020 @ 10:27 am By Omar Faridi  |  

European challenger bank bunq is introducing joint accounts for its Premium and Business account holders. Bunq+1 users will now have the option of opening an account for anyone they want to, which includes their partners and children. Bunq+1 business clients can create new accounts for… Read More

April 2, 2020 @ 9:47 am By JD Alois  |  

Netherlands based challenger bank bunq has announced a new program where its customers may become “CO2 free” in under two years simply by using the bunq Green Card. bunq SuperGreen is a program that for each €100 spent on any bunq card the company will… Read More

December 12, 2019 @ 8:37 pm By Samantha Hurst  |  

Onfido, a global identity verification provider, announced on Thursday it has extended its partnership with European challenger bank bunq to offer users with a trusted identity verification onboarding experience. The duo further explained: “Onfido’s identity verification solution enables secure and simple onboarding for bunq users…. Read More

December 2, 2019 @ 2:06 am By Omar Faridi  |  

Amsterdam-based Fintech firm Bunq is introducing a new metal card, called the Green Card. While traditional banking institutions offer some type of cashback program with premium cards, Bunq aims to offer its own kind of “cashback.” For every €100 (appr. $110) users spend with the… Read More

October 1, 2019 @ 11:37 am By Omar Faridi  |  

Amsterdam-based Fintech firm Bunq announced the launch of 22 new markets on October 1. The financial and information technology company’s services will now be available in all European Union markets. Bunq will also provide services to businesses in Norway and Iceland. Overall, the company’s products… Read More