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N26
Mobile banking app
- 1001+ employees
- Fintech
- B2C
- B2B
- Banking
- Financial Services
- Mobile
- Mitte, Berlin, Germany
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Company mission
To build a bank the world loves to use, powered by the latest technology..
1% employee growth in 12 months
Our take
Europe's global digital banking market is growing rapidly, attributed to changing customer preferences, growing adoption of advanced technologies, and increasing digitalisation across the fintech sector. Online banking is becoming one of the most popular payment methods in Europe due to its easy-to-use and advanced features.
N26 is one of several European startups seeking to challenge established banks with app-based checking accounts and little to no fees. Some of its biggest competitors include mobile banks such as Monzo, Starling and Revolut.
In a bid to distance itself from rivals, N26 has launched insurance products accessible from the company’s mobile app and website. The first insurance product is a smartphone insurance plan for German customers. It is also working on private liability insurance, home insurance, life insurance, pet insurance and coverage for bikes, electronics and large purchases.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 9 rounds)
Oct 2021
$900m
SERIES E
Feb 2021
$36m
SERIES D
Total funding: $1.7bn
This company has top investors
Leadership
Valentin Stalf
(Co-CEO)Graduated from the University of St. Gallen with a Master's degree in Accounting and Finance. Previously a Member of the University Board at the Vienna University of Economics and Business Administration.
Maximilian Tayenthal
(Co-CEO)Previously an Associate at CMS Reich-Rohrwig Hainz Rechtsanwaelte. Prior to that, they were a Subsidiary Manager & Assistant to CFO at Wiener Städtische Versicherung and a Senior Consultant at Booz & Company.