Net profit/loss of Bunq 2017-2022
In 2022, the Dutch online bank, Bunq, reported a loss of nearly 10.5 million euros. This does not mean that the fintech is doing badly, though, as the company's income from deposits made by their clients increased to approximately 1.8 billion euros in 2022. Bunq is a mobile start-up with a banking license in the Netherlands. The company created an app that connects online banking with social activities, as can be found in an application like WhatsApp. The app is connected to the contact list on one's mobile phone. After depositing money from your bank account on the account of Bunq, it is then possible to use the application to send payment requests to your friends, to send them money, or to make special chat groups.
