Tags N26

Tag: N26

N26 closes largest financing of a European digital bank

German digital bank N26 has reached a $9bn valuation, following the close of a $900m investment round, which it claims to be the largest financing of a digital bank in Europe.

N26 pays €4.5m fine for delays to reporting suspicious activity

Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.

German FinTech investment on track to recover after 2020 slump

FinTech deal activity nearly tripled in the first quarter compared to Q1 2020 as companies completed 50 funding rounds

N26 under BaFin scanner for inadequate measures against money laundering

German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.

N26 enters the insurance space with launch of new product

German challenger bank N26 has entered the insurance space, with customers now able to buy cover, manage plans and initiate claims.

Klarna is launching consumer bank accounts in Germany

Swedish FinTech unicorn Klarna has launched consumer bank accounts in Germany.

Revolut broke even in November but didn’t make a big deal...

Revolut's revenues dropped by 40% at the start of the coronavirus crisis, but now the neobank has revealed that it is 50% ahead of its pre-pandemic levels and even broke even in November.

Lunar raises €40m Series C round as it plans to take...

Danish challenger bank Lunar has raised a €40m Series C round and is planning to go into the buy now, pay later market.

Will Monzo’s new Premium card be enough to save the neobank?

With an attractive insurance package and interest rates, Monzo's new Premium metal card looks like a solid offering. But will it be enough to make up for its massive losses?

German challenger bank N26 might be eyeing a new funding round

German challenger bank N26 is reportedly weighing up a new funding round next year, which could put its valuation above $3.5bn.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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