Bunq grows mortgage portfolio by 400% in less than 6 months

Dutch challenger bank bunq has grown its mortgage portfolio fourfold in less than six months, AltFi reports.

The digital bank first announced that it would be offering its customers mortgages, in partnership with third party broker, asset manager NN IP, back in July of this year.

NN IP would offer the loans through bunq’s app, with bunq diverting around €100m worth of customer deposits to help fund the venture.

Read more: AltFi