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Money 20/20 Europe - Bunq Sets Standards For Neobanks Globally

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Bunq founder, Ali Niknam shared some of the Dutch neobank unicorn's secrets, as well as elaborating on the bank's 2022 financials, during a packed session at Money 20/20 Europe.

Niknam revealed that quarterly profitability for Bunq was achieved at the end of 2022, despite the distraction of a landmark battle (which Bunq subsequently won) with the Dutch regulator over best practise when onboarding new customers for AML / KYC.

The next battle for Bunq is the US, where it will avoid an acquisition strategy and instead aim to get licensed and build from the ground up.

Full report below:

https://assets-global.website-files.com/63b43f001c7774d38d5f3a2d/6480abaf1363b6fe9f50fbe2_2022_Annual-Report.pdf



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