German Digital bank N26 has raised $160mn to fund their U.S expansion plans; Tencent and Allianz were lead investors in the round and it could set the stage for a future IPO according to N26 co-founder and CEO Valentin Stalf; “It's a good round to be as independent as possible,” Stalf said to TechCrunch. “This funding round really brings N26 to a pre-IPO stage. I think we see a clear path to a very sustainable company with this funding round. Maybe in the next five years there will be an IPO.”; the bank currently has eight staff members in NY and customers have been signing up on the waiting list since October 2017. Source.
European based digital bank N26 has raised a new series D round of $300mn at a valuation of $2.7bn; Insight...
N26 has raised more than $900 million in a Series E funding round that values the German digital bank at over $9 billion.
N26 has raised another $100 million which is an extension of their Series D round announced last year; the round...
German digital bank N26 said on Tuesday it has raised $900 million in a new funding round that values the firm at $9 billion.
German digital bank N26 said on Tuesday it has raised $900 million in a new funding round that values the firm at $9 billion.
In an interview with Benzinga, the Chief Growth Officer of N26, Alex Weber, shares how the company plans to capitalize...
TechCrunch reports on metrics provided by N26; the digital bank currently boasts 3.5 million customers in 24 European markets including...
The German digital bank is opting to go after an international audience before going wide into their product offerings; the...
Germany-based challenger bank N26 announced it will close its US operations. Some industry observers have chalked up N26’s US failure to reasons like “global banking is hard,” and “the US is a hostile regulatory environment.” That's not it.