FinTech Magazine October 2020 | Page 85

2013 YEAR FOUNDED

CEO

VALENTIN
STALF

Germany HQ

03

N26

Capital raised : $ 800m

85
After it managed to raise $ 100m in its May 2020 Series D funding round , N26 ’ s valuation now stands at an impressive $ 3.5bn . A German neobank headquartered in Berlin , the company currently offers its customers a basic free-to-use account , Debit Mastercard and Maestro card . In addition , N26 offers two premium products - N26 You and N26 Metal - which are available for a monthly maintenance fee . Now serving over 5m customers spread across 25 markets through its more than 1,500 employees , the bank continues to expand its global presence . Most recently , it partnered with TransferWise to offer foreign currency transfers to over 30 countries within Europe . fintechmagazine . com