Fortrum (NL) successfully collaborated with CLARITAS Europe (IRL) to advise bunq, a leading European digital challenger bank headquartered in the Netherlands, on its acquisition of Capitalflow, Dublin-based specialist SME lender. The Fortrum-Claritas collaboration was delivered by the Claritas team which is based Dublin, Ireland and led by Martina Whyte. The Fortrum Due Diligence team in the Netherlands is led by Jaap van Raak. The collaboration reflects Fortrum and Claritas’ belief in the importance of local expertise for truly effective due diligence.

bunq, founded in 2012 by Ali Niknam and based in Amsterdam, is a leading European digital bank with a full EU banking license, focusing on digital premium consumer and SME customers across 30 European countries. bunq’s mission is to radically change the traditional banking industry by delivering the best banking experience whilst increasing transparency and removing ‘hidden fees’ through a tailored subscription model.