Ali Niknam is the founder and CEO of bunq, a fully licensed digital bank based in the Netherlands and available in 30 countries across Europe.

Prior to starting buns, Ali founded TransIP, the largest domain name and web hosting provider of the Netherlands.

Ali is the sole investor in bunq, having invested €80m in the company to date.

As of July 2020, the bank had €650 million of user deposits.

In this conversation, Ali and I discuss the economics of digital banking, the decisions bunq has made around economic sustainability and scale, takeaways for the broader digital banking industry and more.

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Thank you very much for joining us today. Please welcome, Ali Niknam.