Tagged: n26

February 12, 2020 @ 12:09 am By JD Alois  |  

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

February 11, 2020 @ 11:51 am By Samantha Hurst  |  

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

January 23, 2020 @ 8:16 am By Samantha Hurst  |  

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

December 19, 2019 @ 9:35 pm By Samantha Hurst  |  

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

December 11, 2019 @ 8:08 am By Omar Faridi  |  

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

November 25, 2019 @ 1:59 am By Omar Faridi  |  

Digital-only banks, or neo-banks, are not dependent on outdated, legacy financial infrastructure.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

October 11, 2019 @ 8:56 pm By Samantha Hurst  |  

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

August 22, 2019 @ 8:17 am By Samantha Hurst  |  

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

August 18, 2019 @ 2:45 pm By Aubrey Hansen  |  

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

August 7, 2019 @ 12:14 pm By JD Alois  |  

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

July 18, 2019 @ 2:06 pm By Samantha Hurst  |  

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

July 17, 2019 @ 9:54 am By JD Alois  |  

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

July 16, 2019 @ 4:00 pm By Samantha Hurst  |  

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

July 11, 2019 @ 9:04 am By JD Alois  |  

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

June 26, 2019 @ 10:44 am By JD Alois  |  

N26, a digital challenger bank based in Germany, expects to launch in the US in the coming weeks. A series D funding round announced in early 2019 was described as providing the war-chest necessary to launch, and compete, in the highly fragmented US banking marketplace…. Read More

June 25, 2019 @ 2:46 pm By JD Alois  |  

Varo Money, one of a handful of US-based digital challenger banks seeking to receive a bank charter from the Office of Comptroller of the Currency (OCC), is shutting down its consumer lending division, according to a reliable source. Multiple employees are said to be looking… Read More

June 13, 2019 @ 2:47 pm By Samantha Hurst  |  

Germany-based challenger bank N26 announced on Wednesday it is now offering its banking service to 3.5 million customers worldwide. The company also revealed that it is a global employer with more than 1300 employees across 60 nationalities. “As well as headquarters in Berlin, offices in New… Read More

February 27, 2019 @ 2:37 pm By Samantha Hurst  |  

Germany-based challenger bank N26 is reportedly set to open a new office in Brazil at the beginning of March. The news comes less than two months after N26 secured $300 million through its Series D funding round, which was led by venture capital and private equity firm Insight… Read More

February 15, 2019 @ 8:33 am By Samantha Hurst  |  

Germany-based challenger bank N26 recently announced it has introduced premium N26 Black account in  Denmark, Iceland, Liechtenstein, Norway, and Sweden. According to N26, N26 Black targets frequent travelers and it removes the “uncertainty” of exchange rates and transaction costs encountered through foreign travel and provides customers with free… Read More

January 31, 2019 @ 7:38 am By Samantha Hurst  |  

Germany-based challenger bank N26 announced earlier this week the launch of its new subscription-based current account, Black. This news comes days after N26 celebrated its fourth birthday and weeks after the company successfully secured $300 million through its Series D funding round, which was led by venture capital and… Read More