bunq was founded in 2012 by Ali Niknam (1981), who managed to get the first European banking permit in over 35 years. He set out to radically change the traditional banking industry and, as its sole investor, invested €73.8M in bunq. bunq’s latest publicly available number of user deposits is €654,619,033 based on the deposits in July 2020. Throughout 2019, the total amount of user deposits doubled and is increasing every day. bunq is currently available in 30 European markets.