Tagged: n26

Digital Bank N26 Reveals that Americans Are Saving About $220 per Month Due to Isolation Measures Following COVID-19 Outbreak

N26 Inc., the US-based subsidiary of digital bank N26 GmbH, one of the fastest-growing mobile-based banks in Europe, has published its global and US-specific research report, which reveals the impact that the Coronavirus (COVID-19) pandemic has had on the neobank’s finances. The all-digital bank reportedly… Read More

Europe: 3 Largest Digital Banks Have Over 18 Million Users and Growing Larger

The three largest European digital banks have over 18 million registered users combined. That number is predicted to soar to over 23 million by the end of this year, according to a writeup by Finanso. Today, Revolut (UK) is the biggest at over 10 million… Read More

Instant Banking: N26 Now Offering Customers the Option to Use New Cards to Make Payments Before Arrival

Digital-only bank platform N26 announced earlier this week its customers may now use their new cards to make payments without waiting for the physical one to arrive in the mail. This news comes just a little over a month after N26 announced its products, N26… Read More

Digital Banks are Providing Improved Card and Money Management Features in Comparison to Old Banks: Report

Digital banks are establishing new financial industry standards when it comes to better usability, and are introducing handy features such as card management and personal money management. For digital bank users, this will come as no surprise. A recent study published by the consulting company… Read More

N26 You, Metal, & Business You Accounts Make Their Debut in Greece & Slovenia

Digital-only bank platform N26 announced earlier this week its products, N26 You, Metal and Business You accounts, are now available for residents in Greece and Slovenia. According to N26, the premium memberships come with features to help “make everyday life as easy as possible.” The banking… Read More

Monzo Encourages UK N26 Customers to Switch Services Once N26 Moves Out of the UK

Following the announcement that N26 was departing the UK after the country left the European Union, digital challenger bank Monzo shared with UK N26 customers the reasons to switch to its banking service. As previously reported, N26 reported that with the UK now having left… Read More

Leaving the UK: Digital Bank N26 Points to Brexit as Cause to Close All British Accounts

In a bit of a shocker, Germany based digital bank N26 has decided to exit the UK market and close all customer accounts apparently due to Brexit. According to a blog post, the Fintech said leaving the UK does not change their global vision to… Read More

N26 Announces Plans to Leave the UK Following Brexit

Digital-only bank platform N26 announced on Monday it is announcing its departure from the UK following Brexit. N26 reported that with the UK now having left the European Union, it will in due course be unable to operate in the UK with its European banking… Read More

N26 Milestone: Digital Bank Celebrates Five Million Customers in Five Years

Digital-only bank platform N26 announced on Wednesday it now has more than five million customers who are banking on its platform around the globe. The company stated: “As we enter a new decade, we’re delighted to share some more fantastic news. N26 has reached another… Read More

N26 Launches Premium Accounts in Greece

Digital-only bank platform N26 recently announced it has launched its premium accounts N26 You, Metal, and Business You in Greece. According to N26, N26 You, Business You and Metal memberships come with features to help make everyday life as easy as possible, like travel insurance,… Read More

Digital Bank N26 Says it’s Expanding its Perks Program for US Customers in Competitive Market

N26 Inc., the US-headquartered subsidiary of digital bank N26 GmbH, one of the fastest-growing mobile-based banks in Europe, revealed on December 9 that it’s expanding its Perks program. N26 is one of several European digital banks crossing the Atlantic to compete in the huge US… Read More

Report: OakNorth and N26 Have Received the Most Funding Out of All US and European Digital Banks

Digital-only banks, or neo-banks, are not dependent on outdated, legacy financial infrastructure. These virtual banks are more efficient than traditional banking institutions because they operate without the costly networks of physical branches. Neobanks have been working towards transforming the retail banking sector in major financial… Read More

N26 Milestone: Digital Bank Now Has More Than 1 Million Customers in France

Digital-only bank platform N26 announced this week it now has more than one million customers in France. The banking group reported it launched its services in the country less than three years ago with a goal to become the first bank that the French “like… Read More

N26 Moves Out of Beta & Fully Launches to U.S. Consumers

Less than a month after it opened its platform in the U.S., digital-only banking group N26 announced it has made its mobile banking app available to U.S. consumers nationwide. Starting today, U.S. residents may now download the app and apply for an N26 account and… Read More

Future Fintech: The Fight for the Digital Banking Crown

As 2019 moves into its third quarter, the once burgeoning industry of digital banking is starting to make serious waves in the financial world – and investors are taking notice. Big players like Monzo, Starling, N26, Revolut, and EQIBank have recently completed massive funding rounds… Read More

N26 Digital Bank Invites Start Rolling Out to US Customers

Digital-only bank N26 has opened up its platform to US customers and is sending out invites to download the App and receive an N26 card now. N26, based in Germany, is one of a group of European digital banks crossing the Atlantic to provide services… Read More

N26 Extends Series D Funding Round to $470 Million; Now Valued at $3.5 Billion

N26, a European digital-only bank, announced on Thursday a $170 million extension of its Series D funding round to $470 million. N26 reported that the extension drives the bank’s valuation to $3.5 billion, claim it to be the highest valued German startup. To date, N26 has raised more… Read More

Varo Money Inches Closer to Becoming First True Digital Only Bank in the US

Varo Money has been in operations for years now providing banking services in a digital only environment to a growing number of consumers. Like all other US-based aspiring digital banks, Varo has had to leverage regulatory arbitrage to provide its services by partnering with another… Read More

N26 Launches New Premium Banking Account “N26 You”

N26, a European digital-only bank, announced on Monday the launch of its new premium banking account, N26 You. According to N26, the account puts users at the core of everything, while building on an existing seamless, borderless banking experience. “N26 You expands on all the… Read More

Digital Bank N26 Launches in the United States via Partnership with Axos Bank

N26, a European digital-only bank, has launched in the US market. Long anticipated, N26 looks to enter one of the most competitive banking markets in the world that is dominated by global money center banks plus thousands of smaller regional operations. N26 is the first… Read More

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