Self-Funding an International Digital Bank with bunq

November 23, 2020 41 min

Today, we’re sharing a never before heard conversation recorded earlier this year with Ali Niknam, founder and CEO of bunq.

bunq is a fully licensed digital bank based in the Netherlands and available in 30 countries across Europe.

Prior to starting bunq, Ali founded TransIP, the largest domain name and web hosting provider of the Netherlands.

Ali is the sole investor in bunq, having invested €80m in the company as of this summer. As of July 2020, the bank had €650 million of user deposits.

In this conversation, Ali and I discuss the economics of digital banking, the decisions bunq has made around economic sustainability and scale, takeaways for the broader digital banking industry and more.

Please note that this discussion was recorded in June 2020, which explains some stats and references.

Thank you very much for joining us today. Please welcome, Ali Niknam.

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