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Bunq, one of the fastest growing neobanks, today announced its 2021 financial results. Total user fee revenue for the reported period reached 32.7 million, 76% higher than 18.5 million in 2020.
Net commission income reached 23.1 million. Despite the harsh environment of the global economy as a whole, Bunq has made a decent increase in total customer deposits from 815 million in 2020 to over 1.1 billion in 2021.
“As a fully self-funded bank until 2021, we have always maintained freedom and independence, aligning our commercial reality with the well-being of our users, so that we are in immediate interest. Instead of being distracted, I was able to focus on building The Free’s bank, which ensures that user well-being, sustainability, and growth are complex forces, not competing factors. In 2021, we found the spirit of relatives in the capital of the pollen town. They are investors specializing in the financial industry and of bunq’s first investment round. I became a shareholder, “the Fintech company recently emphasized. report..
Last year, Bunq raised $ 228 million in a Series A funding round. With a valuation of about $ 1.9 billion, Bunq is one of the most valuable European fintech companies.
Europe is the hub of the world’s most innovative financial technology companies, including Neobank. Bunq expanded its presence to various countries in the EU last year. Earlier this year, the company entered the Irish market.
“Bunq continues to leverage its green impact through both personal and business banking products. By the end of 2021, the bunq community has planted 5.5 million trees. In addition, the company has planted 5.5 million trees per FTE. We were able to reduce the CO2 impact of our company from 0.96tCO in 2020 to 0.88tCO in 2021, “the company added.
Bunq, one of the fastest growing neobanks, today announced its 2021 financial results. Total user fee revenue for the reported period reached 32.7 million, 76% higher than 18.5 million in 2020.
Net commission income reached 23.1 million. Despite the harsh environment of the global economy as a whole, Bunq has made a decent increase in total customer deposits from 815 million in 2020 to over 1.1 billion in 2021.
“As a fully self-funded bank until 2021, we have always maintained freedom and independence, aligning our commercial reality with the well-being of our users, so that we are in immediate interest. Instead of being distracted, I was able to focus on building The Free’s bank, which ensures that user well-being, sustainability, and growth are complex forces, not competing factors. In 2021, we found the spirit of relatives in the capital of the pollen town. They are investors specializing in the financial industry and of bunq’s first investment round. I became a shareholder, “the Fintech company recently emphasized. report..
Last year, Bunq raised $ 228 million in a Series A funding round. With a valuation of about $ 1.9 billion, Bunq is one of the most valuable European fintech companies.
Europe is the hub of the world’s most innovative financial technology companies, including Neobank. Bunq expanded its presence to various countries in the EU last year. Earlier this year, the company entered the Irish market.
Bunq continues to leverage its green impact through both personal and business banking products. By the end of 2021, the bunq community has planted 5.5 million trees. In addition, the company has planted 5.5 million trees per FTE. We were able to reduce the CO2 impact of our company from 0.96tCO in 2020 to 0.88tCO in 2021, “the company added.
