Challenger bank Bunq has reached $1.9bn valuation following its most recent raise.
In Brief:
Bunq has raised $228mn in its Series A round.
Prior to this, the FinTech was self funded by founder Ali Niknam.
The round was led by Pollen Street Capital.
What does this mean?
This marks the largest Series A round for a European FinTech. Now, Bunq plans to acquire smaller companies in order to grow.
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