Press - N26 Newsroom
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Latest Press Releases
Press Statement BaFin order for N26 Bank GmbH
The BaFin order requests further optimization of existing processes to prevent money laundering and an increase in N26 staffing levels.
N26 Appoints Georg Hauer as General Manager for Germany
N26, The Mobile Bank, announced today the appointment of Georg Hauer as General Manager for Germany, in addition to his function as General Manager for Austria and Switzerland.
N26 Appoints Richard Groeneveld as new CFO and CRO of N26 Bank GmbH
Richard Groeneveld is responsible for the functions of CFO and CRO and together with the Managing Director and CEO Markus Gunter, will lead and shape the future of N26 Bank GmbH.
Our vision is to build a bank the world loves to use
N26 is The Mobile Bank. Built bottom-up for the smartphone, N26 has redesigned banking to make it simple, elegant and easy to use. Thanks to our fully digital business model, we operate on a much lower cost base with lean organizational structures. Without an expensive branch network or legacy technology, N26 passes on these savings directly to its customers.
Today, we are one of the fastest growing banks in Europe. N26 partners with the most innovative fintech and financial services companies to offer its customers best-in-class products, such as TransferWise (foreign exchange), Raisin (savings), Clark and Allianz (insurance), and auxmoney (credit).
By harnessing the power of artificial intelligence and design, N26 is transforming the future of banking to become more adaptive to customers’ financial needs and solve problems in a way that is currently missing among traditional retail banks. Find more facts & figures about N26 here.
N26 was founded by longtime friends Valentin Stalf and Maximilian Tayenthal in 2013. Frustrated by the lack of transparency, digital innovation, and personalized service and offerings at existing banks, they decided to build one of their own. They designed N26 to be a customer centric and mobile-first retail bank, allowing users to enjoy a simple, elegant and easy-to-use banking app – anywhere, anytime.
Valentin and Maximilian bring unique perspectives and expertise to their leadership at N26. Valentin was part of an incubator for online startups where he developed several firms in the mobile payments industry, while Max’s background is in consulting and professional services. Together, they share academic degrees in business administration, economics, accounting, and law – not to mention a CFA.
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