Back to Press Releases

N26 continues expansion and launches in Switzerland

  • After successfully launching in the US, N26 continues its global expansion
  • From today, customers in Switzerland will be able to open a free eurobank account with N26, for borderless banking within the Eurozone
Zurich/Berlin – N26, The Mobile Bank, is launching its service in Switzerland today, bringing their free euro bank accounts to the market for the first time. Swiss customers using iOS will also be able to use N26 with Apple Pay. The N26 account will offer all Swiss customers five free withdrawals in euros per month within the Eurozone, with no foreign exchange fees on card payments worldwide, irrespective of currency. This offer is designed for people who travel frequently within the European Union, those who live near the Swiss border, and those who are tired of paying high fees for a euro account. With a bank account denominated in euros, N26 will offer Swiss customers truly borderless banking within the Eurozone.
“We’re really happy to present a mobile banking offering in Switzerland that works not just here, but also well beyond the borders of the Eurozone and in Switzerland,” says Georg Hauer, General Manager for DACH at N26. “Our mission is to become the most popular euro currency account in Switzerlan​d. Additionally, with Apple Pay, N26 customers have access to an easy, secure and private way to pay in stores, apps and on the Internet via Apple devices.​”
To date, more than 20,000 people have signed up to the waiting list, ahead of N26’s public launch in Switzerland. A recent N26 study showed that participants living close to the border, or in larger cities such as Zurich, Basel and Geneva, showed high interest to a euro-denominated bank account that would help with seamless payment within the Eurozone. Today’s launch means that N26 is now present in 26 markets globally.
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
View as PDF