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German challenger bank N26 is going to cancel its UK operations, blaming the Brexit regulatory uncertainty for the decision. Now, a Dutch competitor is...
The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.
Rest of World’s share of WealthTech deal activity is up 1.6x since 2015 Since 2015, WealthTech companies have raised over $25.9m, with North American...
N26 has increased its customer base with 1.5 million new customers, according to the challenger bank’s founder.
Deutsche Bank has bought a 4.9% stake in open banking startup Deposit Solutions for €50m ($55.2m), making it Germany’s second most valuable FinTech enterprise.
Challenger banks could be seen as one of the main figure heads for the FinTech sector, and the sector has been growing at an accelerated rate.
Online bank N26 plans to list on the stock exchange within five years. But first the German scaleup is moving towards appeasing the country’s regulators.