Fintech
Sale of Capitalflow avoided as Bunq resolves shareholder row
A sale of the Irish specialist lender founded by Ronan Horgan, was on the cards after Pollen Street baulked at investing more in Bunq, Dutch media has reported
A potential sale of Capitalflow, the Irish specialist lender acquired by Dutch online bank Bunq in a €141 million deal a year and a half ago, has been avoided after the Amsterdam-headquartered fintech resolved a row with one of its biggest shareholders.
Bunq on Monday announced it had secured €45 million in growth capital from existing investors to bring to nearly €100 million the total capital injected into the company this year at a €1.65 ...