Last month, we reported about bunq securing a €150M+ funding from a British private equity firm. Today, the Amsterdam-based challenger bank has officially confirmed the news.
After several years of self-funding, bunq has raised €193M in a funding round led by Pollen Street Capital, at a valuation of €1.6B. Ali Niknam, bunq founder, also participated in the investment round. Notably, this is the largest series A investment round ever secured by a European fintech.