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N26’s tech hub in Barcelona will reach 200 employees in 2022

  • The Catalan capital is home to the second largest technology center of the mobile bank, key for the development of its products and services
  • In less than three years the Barcelona tech hub has gone from having 20 employees to more than 130 today
Madrid - The mobile bank N26 continues its unstoppable expansion in the Spanish market and will reinforce its local team in Barcelona until reaching 200 employees in early 2022. The Catalan capital is home to the second most important tech hub of the mobile bank, where currently more than 130 employees work in the development of products and services that supply the 25 markets in which the entity operates. The growth plans of N26 in Barcelona consolidate Barcelona as a reference market for the bank's growth in Spain, one of its four core markets along with Germany, France and Italy. In 2018, N26 chose Barcelona as the headquarters to open its third office after Berlin and New York. Attracted by its fintech and entrepreneurial ecosystem, in addition to the great quality of life and the concentration of digital talent that the city offers, N26 has been consolidating its presence in the Catalan capital and gradually expanding a team composed mainly of engineers and experts in product development. In less than three years, the company has increased the number of employees in Barcelona six times, from the initial 20 in 2018 to the more than 130 it currently has. The mobile bank's offices in Barcelona are located on Calle Pallars 190, located in the 22@ district and have an area of 3,300 m² and capacity for more than 300 employees. Outstanding technology companies such as Amazon, Microsoft, Telefónica, Indra, Orange, Facebook or Glovo are located in the same district. To undertake this expansion of the team, N26 will receive a subsidy granted by ACCIÓ (Agència per a la Competitivitat de l'Empresa). The aid, aimed at hiring specialized personnel for the development of solutions and new digital banking products and processes, amounts to €200,000 and will contribute to strengthening the business fabric in Catalonia. In less than three years, N26 has positioned itself as the leading mobile bank in Spain and the only challenger bank in the country that operates with a European banking license. Currently, the bank has more than 600,000 clients, with a growth of more than 40% in 2020.
About N26N26 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 90 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
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