The neobank Bunq, based in the Netherlands, has found a way to inflate its portfolio of customers like never before. Thanks to a fundraising of nearly 200 million euros last year, the establishment has just acquired Tricount, the application for managing expenses together with friends.
From one million to six million customers?
The operation was announced last night and on this occasion, Bunq did not hesitate to claim the arrival of 5.4 million customers, propelling it to second place among the largest European neobanks. A somewhat easy conclusion… In 2019, in all the European countries that it had integrated, it claimed 1.1 million customers. But since then, Bunq no longer communicates on its figures.
In a statement, Bunq did not specify what this will change for Tricount users. If they are now part of its customer base, do they become Bunq users? Will be invited to open an account with the neobank? Will they be able to take advantage of preferential rates? This does not seem to be the case. No details are given either on a potential merger of the two applications. Tricount is much better known than Bunq and should continue to operate under its name and in complete autonomy.
The announcement recalls another, this time at the online bank Orange Bank. In October 2020, it claimed to have 1.1 million customers when they were half as many five months earlier. To inflate its figures, the mobile bank did not hesitate to integrate its customer base for its insurance offer for smartphones…
Bunq, oldest but outdated
In December 2021, Bunq announced the upcoming arrival of mortgages thanks to a partnership with another Dutch fintech called Tulp. But so far, no news about him. The solution was to be launched at the beginning of the year…