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With the UK having left the European Union, N26 has today announced that it will be leaving the UK market.
Global digital bank N26 today announced that it has surpassed the 5 million customer mark, five years after the initial launch of the bank’s revolutionary mobile-only account on January 26, 2015.
N26 today announced the appointment of Thomas Grosse as Chief Banking Officer.
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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