Ali NiknamFounder & CEO at Bunq
Ali Niknam (1981), born in Canada but from Iranian descent, set up his first company when he was just 16 years old. In his early twenties he founded TransIP, the biggest domain name and web hosting provider of the Netherlands. In 2012 he set out to change the banking industry radically and founded bunq. Ali managed to get the first European banking permit in over 35 years and, as its sole investor, invested €98.7M in bunq. In a deal with British private equity firm Pollen Street Capital, bunq has raised €193 million and the company’s valuation soars to €1.6 billion, as of July 2021. As part of the deal, bunq acquired Capitalflow Group, a privately held Irish lending company with strong ties to the Irish community. In 2022, bunq acquired a Belgian fintech TriCount, a move that made bunq the second largest neobank in the EU.