Summary
Insights
Bunq, a mobile-first neobank based in Amsterdam, has significant potential in the fintech space. Leveraging a modern, mobile-first banking experience and an open-source platform, Bunq attracts tech-savvy users who value flexibility and innovation. Traditional banks, burdened with physical branches and outdated services, often struggle with higher fees and less engaging user experiences. In contrast, Bunq offers lower fees and greater convenience. Their B2C and SaaS model enhances their ability to scale and innovate quickly, positioning them as a formidable competitor in the banking sector.
Total Funding
$392M
- Seed (2014) $17.5M
- Series D (2023) $110M
- Series B (2024-10-01) $31.5M
- Unknown (2021-01-01) $232M