Euronext Brussels: BANQ

How many employees work at Banqup Group?

Banqup Group SA (BANQ) has approximately 717 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Banqup Group's total headcount has grown 16.7% from 615 employees in 2023 to 717 in 2025.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026

Banqup Group is hiring

Is Banqup Group hiring right now?

Yes, Banqup Group is actively hiring. Banqup Group had 16 active job postings in 2025, a 40.0% decline from 2024 see job openings & hiring trends.

About Banqup Group's Workforce

Banqup Group SA (BANQ) is a Digital Commerce Services company that employs 717 people worldwide as of December 2025. It is the 11th-largest by headcount among its peers. Founded in 2006, the company is headquartered in La Hulpe, Belgium and trades on the Euronext Brussels.

Banqup Group's workforce has grown 16.7% from 2023 to 2025, and is up 13.8% year over year in 2025. The headcount rose after a low of 597 in 2023 Q4 as it recovered, with the largest concentration of employees in Ethiopia (24.7%), followed by Belgium (14.4%) and Romania (13.3%). Ethiopia is noted as the fastest-growing locale, up 16.4%.

Banqup Group's largest groups by headcount are Finance and Operations (42.3%), Engineering (33.5%), and Sales and Marketing (24.2%), with Finance and Operations also the fastest-growing group (up 10.2%). The average tenure across employees is 3.2 years. The average salary is $36,282, with regional medians of $67,000 in Western Europe and $6,000 in Sub-Saharan Africa.

Banqup Group's hiring activity shows a steep pullback, with latest postings in 2025 Q4 numbering 16 and postings down 40.0% year over year. The velocity of postings has moderated over the years, averaging 16 per month in 2023, 12 per month in 2025, and 9 per month in 2024. Overall sentiment remains neutral but is trending downward.

Sourced from Revelio Labs workforce data.

As of December 2025

Banqup Group
workforce metrics

Headcount

717

13.8% YoY

Avg. Salary

$36.3k

8.8% YoY

Tenure

3.2yr

0.7yr YoY

Growth Rate

13.8%

9.4pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of Banqup Group annual worldwide employee count from 2023 to 2025.
  • Banqup Group had 717 employees in 2025, a 13.8% increase (+93) from 2024.
  • Banqup Group had 624 employees in 2024, a 4.4% increase (+27) from 2023.
  • Banqup Group had 597 employees in 2023, a 1.5% decline (-9) from 2022.

Banqup Group's total workforce has grown from 615 employees in 2023 to 717 in 2025.

Banqup Group SA — quarterly employee count (20232025)

YearQtrEmployeesYoY ChangeYoY %
2025Q4717+93+13.8%
2025Q3691+82+12.6%
2025Q2682+79+12.4%
2025Q1635+36+5.9%
2024Q4624+27+4.4%
2024Q3609+10+1.7%
2024Q2603-5-0.9%
2024Q1599-16-2.6%
2023Q4597-9-1.5%
2023Q3599-18-2.9%
2023Q2608+3+0.5%
2023Q1615+8+1.3%

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Ethiopia accounts for the largest share of Banqup Group's global workforce with approximately 25% of total employees, followed by Belgium and Romania. Banqup Group's headcount in Ethiopia is growing fastest among its major locations, up 16.4% year over year in 2025.

Banqup Group employees by country — 2025

CountryEmployees% of TotalYoY %
Ethiopia18324.7%+16.4%
Belgium10714.4%+9.1%
Romania9913.3%+6.8%
Serbia638.5%+1.4%
Vietnam334.5%+10.5%
Burkina Faso334.4%-1.3%
Germany273.7%-0.1%
Lithuania223.0%-2.5%
Estonia212.9%+2.0%
Moldova202.7%-15.6%

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Banqup Group's largest employee groups are Finance and Operations (42.3%), Engineering (33.5%), and Sales and Marketing (24.2%).

Banqup Group employees by department — 2025

DepartmentEmployees% of TotalYoY %
Finance and Operations31442.3%+10.2%
Engineering24933.5%+3.0%
Sales and Marketing18024.2%+3.7%

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Banqup Group's average employee salary is $36,282 globally. Employees in Western Europe receive the highest compensation, with median pay approximately 1.8x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $6,000.

Banqup Group median employee salary by region — 2025 (USD)

RegionMedian Salary
Northern America$94,000
Western Europe$67,000
Northern Europe$46,000
Eastern Europe$30,000
Eastern Asia$28,000
Southern Europe$26,000
South-Eastern Asia$18,000
Southern America$8,000
Sub-Saharan Africa$6,000
Southern Asia$5,000

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Interactive chart of Banqup Group annual active job postings from 2023 to 2025.
  • Banqup Group had 16 active job postings in 2025, a 40.0% decline (-8) from 2024.
  • Banqup Group had 24 active job postings in 2024, a 46.2% increase (+9) from 2023.
  • Banqup Group had 15 active job postings in 2023, a 40.0% increase from 2022.
  • Hiring velocity in 2025: 12 new roles/month, up from 9 in 2024 and 16 in 2023. New metric

Banqup Group's hiring is slowing: active job postings fell 40.0% in 2025 to 16, with new postings per month cooling from 16 in 2023 to 12 in 2025.

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Revelio Labs tracks employee sentiment across Banqup Group's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2025.

Overall

NegativePositive

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How fast is Banqup Group growing?
In 2025, Banqup Group's headcount grew 13.8% to 717 employees, up from 624 in 2024.
Where are Banqup Group employees located?
Most Banqup Group employees are based in Ethiopia (24.7% of headcount), followed by Belgium and Romania.
What is the average salary at Banqup Group?
The average employee salary at Banqup Group is approximately $36.3k per year.
How many people does Banqup Group hire per year?
In 2025, Banqup Group opened roughly 144 new roles — about 12 per month.
When was Banqup Group founded and where is it headquartered?
Banqup Group was founded in 2006 and is headquartered in La Hulpe, Belgium.

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