N26 reaches 100,000 customers in Spain sooner than expected
N26 announces that it already has more than 100,000 customers in Spain. In just over a year and a half, Spain has become one of the key markets in N26’s international growth, largely due to customer word-of-mouth. Spanish customers are typically between the ages of 32 and 38 and use their N26 cards mainly for dining out and travel.
N26’s goal to reach 100,000 customers in Spain by the end of 2018 was reached in just the first nine months of the year. After launching in Spain about a year and a half ago, N26 continues to reach new customers thanks to word of mouth and recommendations among friends.
The main reason why users choose N26 is to have a banking experience without complications, and also to save time and money. The banking sector is experiencing a revolution in this sense, and every day more than 3,000 people join N26 in its 17 markets. In June of this year, N26 announced that it had more than one million customers in Europe. Now Spain joins N26’s other core markets of France, Germany and Italy in celebrating the 100,000-customer milestone, strengthening the company's presence in the country.
"N26’s vision is to build the bank the world loves to use. The growth we are experiencing in Spain confirms that we are on the right path in providing a banking experience that is more adapted to our customers’ digital lifestyles," says Francisco Sierra, General Manager of N26 Spain. "Without a doubt, exceeding 100,000 customers confirms that N26 is the bank of choice for many people seeking the freedom to set up their financial world without the limitations of traditional banking."
Snapshot of the average N26 user in Spain
- Typically between 32 and 38 years old
- Urban dweller: Lives in large cities like Barcelona or Madrid
- Frequent world traveler: The US is a top destination
- Diverse: Top nationalities are Spanish, followed by British, Italian and Brazilian
- Foodies: Dining out is the top spending category among N26 Spanish customers
About N26
N26 is Europe’s leading digital bank with a full German banking license. It offers simple, secure and customer-friendly mobile banking to millions of customers in 24 markets across Europe. N26 processes over 140bn EUR in transactions a year and currently has a 1,500-strong team of more than 80 nationalities. The company is headquartered in Berlin, with offices in multiple cities across Europe, including Vienna, Paris, Milan and Barcelona. Founded by Valentin Stalf and Maximilian Tayenthal in 2013, N26 has raised close to US$ 1.8 billion from some of the world’s most renowned investors.
Website: n26.com | N26 Press Contact: press@n26.com