Dutch challenger bank Bunq has secured a Series A investment of $ 228 million

Dutch challenger bank Bunq raised $ 228 million in its Series A financing round, led by British private equity firm Pollen Street Capital.

Ali Niknam, founder and CEO of Bunq

The new funding increases Bunq’s overall valuation to $ 1.9 billion TechCrunch.

TechCrunch reports that as part of the transaction, the bank will also acquire Capitalflow Group to advance its growth strategy. The Irish company is currently owned by Pollen Street Capital.

Bunq …

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