Deposits from customers of Bunq 2016-2018

This statistic show the total value of deposits from customers of Fintech bank platform Bunq in 2016 and 2017 (in million euros). Bunq is a mobile start-up with a banking license in the Netherlands. The company created an app which 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 to app to send payment requests to your "friends", to "app" them money or to make special chat groups.

Bunq does not openly publish its annual reports. The source mentions that the company's income from deposits made by their clients increased to approximately 211 million euros in 2018. No profit was being expected in the near future, however.

Bunq is often mentioned as one of several examples of Fintech in the Netherlands, with Adyen, the Amsterdam-based payments provider for Netflix, Facebook, Uber and Spotify, being another. Adyen is widely regarded as one of the few European fintech "unicorns", a venture capital-backed, private business worth over one billion U.S. dollars. In 2018, Adyen's net revenue reached 349 million euros.

Total value of deposits from customers of Fintech bank platform Bunq from 2016 to 2018

Deposits from customers in million euros
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Sources

Release date

July 2019

Region

Worldwide, Netherlands

Survey time period

2016 to 2018

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Statistics on "Fintech in the Netherlands"

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