News Room

Contact
Naomi Pickens
Phone
646-373-3509
Email
press-US@n26.com

Latest Press Releases

Mobile Bank N26 to launch in Brazil

N26, Europe's leading mobile bank, announces its plans to launch in Brazil and introduces Eduardo Prota as General Manager for the market. The launch will be the next logical step in N26’ mission

N26 announces $300m Series D funding round

N26 has announced a $300 million Series D funding round led by New York-based venture capital and private equity firm Insight Venture Partners, valuing N26 at $2.7bn.

N26 now reached more than €1 billion in monthly transaction volume and more than 1 million customers

N26, one of the fastest growing mobile banks in Europe, now serves more than one million customers across the continent. It has doubled its customer base over the last nine months.

2013
Market Launch
+1000
Employees
+2.5 Million
Customers
+500m USD
Invested
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Our vision is to build a bank the world loves to use

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. 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.

More About N26

The Founders

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.

Media Libraries

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Media Coverage

  • American Banker — German neobank's $300M infusion will fuel U.S. rollout
  • Cheddar — N26 U.S. CEO Says $300M Funding Round Will Support U.S. Launch