Dutch FinTech leader bunq nets additional €44.5m in thriving growth year
In brief:
- The investment was led by current investors Pollen Street Capital and included participation from bunq’s Chief Information Officer, Raymond Kasiman, and the bank’s founder and CEO, Ali Niknam.
-The company recently secured an additional €44.5m in a funding round, which further bolstered its market valuation to a formidable €1.65bn
- The fresh capital injection will fuel bunq’s forward momentum. Plans are already underway to leverage the funding to facilitate further expansion and sustain the company’s impressive deposit growth.
What does this mean?
CEO and Founder Ali Niknam had this to say about bunq’s journey, “It’s been a truly magical year for bunq: 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.”
