We are bunq
bank of The Free
We make life easy, starting from the way we manage money. Break free from traditional banking and discover a new way to flourish your finances.
We’ve been a fully-fledged bank since 2014, challenging what banking is and can be since day one. With our fully mobile banking app, you get complete freedom to spend, save, budget and invest effortlessly from your phone.
We guard your money and data privacy as if it were our own, striving every day to create innovative ways to effortlessly manage money and fight climate change while you spend.
Our story begins...
bunq was founded in 2012, when Ali Niknam (CEO) set out to radically change the traditional banking industry and create the bank of The Free. Since then, we've been conquering the world of banking and building a product that breaks world-first after world-first.
Getting our official banking license
In 2014, we received our official banking licence from the Dutch Central Bank (DNB), putting bunq on the path to banking success. The first European banking licence to be given in over 35 years, this was a huge step and achievement!
Launching in Beta
On this day, the world got a first glimpse of the future of banking with the launch of our first closed beta. Limited to 1,000 users,. we sold out within just 1 hour.
Launching to the Public
After overwhelming demand, the full bunq app was launched to the general public and the first fully mobile bank of the Netherlands went live.
Introducing: bunq Business
After hearing the needs of CEO Ali Niknam's fellow entrepreneurs, we launched bunq Business. Since then, we've been working hard to create features that allow entrepreneurs to make business finances easier than ever.
The first bank with a fully open banking API
In 2017, we became the world's first bank with a fully open API. Anyone with basic coding skills can use our fully open API to build awesome banking projects. The possibilities are endless!
Expanding to the entire EU
After already expanding into selected European countries, in 2019 we made bunq available to all markets in the European Union, Norway and Iceland. Read more about it on our blog.
Planting our first MILLION trees!
Excited to make a difference to climate change, Easy Green users plant a tree for every €100 they spend. On this day, the bunq community planted its millionth tree through our partnership with Eden Reforestation Projects!
User deposits hit €1B
Our user deposits more than doubled for the second year in a row. Today we hit €1 billion in user deposits, and we couldn’t be more thankful for your trust!
We became a unicorn!
Following a €193 million investment that led to a valuation of €1.6 billion, we’ve made the largest Series A round for a European fintech company. A big welcome to our first investing partner, Pollen Street Capital. Today we also acquired Capitalflow Group. We're here to stay!