German online bank N26 has jumped across the pond and is now open for US registrations.
Having launched a limited beta test in July, anyone in the US can now download the app and open a bank account.
The US launch comes with two additional features: MoneyBeam that lets users send money instantly to other N26 customers and perks like discounts on subscriptions paid for by the N26 card.
N26 also launched Shared Spaces, which TechCrunch described as an alternative to joint accounts for limited periods, like if you go on vacation with some buddies and need an easy way to split the bills.
The news comes as N26 is trying to appease German regulators after a smattering of negative headlines. For instance, the German banking regulator BaFin issued a list of shortcomings on the bank’s behalf back in May. The list included calls to remove backlogs in IT monitoring, establish process description sand workflows in writing and to reidentify a specified number of existing customers.
Valentin Stalf, co-founder and CEO of N26, claimed “some things that BaFin criticized” had already been taken care of and that the online bank was working on the rest.
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