The deal, first reported by Dutch newspaper Het Financieele Dagblad, is said to be for €160m at a €1.65bn price tag—a sizable jump from the group’s last €10m fundraise in 2018, which came solely from CEO Ali Niknam.
Earlier this year Bunq reached €1bn in user deposits, a doubling over the last year, and now operates in all EU countries plus the UK.
According to Het Financieele Dagblad the funding round is pending regulatory approval as the Dutch financial regulator will need to greenlight the deal, which also reportedly involves Bunq acquiring an SME lender from the private equity firm’s portfolio.
There are many questions as to what this deal means for Bunq, a challenger bank that has never disclosed the size of its European customer base nor its revenue or profitability, and has been bootstrapped by Niknam.
„Suntem in top 3 european pentru adoptia platilor digitale in transportul public, dupa Marea Britanie si Polonia, si in top 10 mondial in penetrarea tehnologiei contactless in general.”
Afla aici rezultatele romanilor in adoptia platilor electronice.