Bunq posts first full-year net profit, plans to expand to UK

Online bank Bunq posted net profit of €53 million last year, the first full year in its 11-year history that the company has not made a loss. The company booked its first net profit in the final quarter of 2022 and said at the time it expected to book its first full year of profit in 2023. The money will be invested in boosting the company’s global expansion, Bunq said. The company has now supplied for an e-money licence in...