N26, a leader in the digital banking sector, has officially launched its Stocks and ETFs trading product for its German customer base. Known for its innovative approach to banking, N26 is headquartered in Berlin and boasts a strong international presence, catering to over 8 million customers across 24 markets.
The introduction of this new product aims to democratise investing in Germany, targeting the vast majority of Germans who are yet to participate in equity markets. With a mission to simplify financial investments, N26 seeks to provide accessible and straightforward investment tools within its app.
N26 stands at the forefront of the FinTech industry, offering a comprehensive mobile banking experience that prioritizes ease of use, security, and customer satisfaction. The company’s foundation on cutting-edge technology allows it to process transactions exceeding €100bn annually.
The Stocks and ETFs trading feature enables users to engage in fractional share trading of popular European and US assets, with an entry point as low as €1. This initiative is part of N26’s premium offerings in Germany, enhancing the value for N26 Metal and N26 You subscribers through complimentary trades each month.
Besides the trading product, N26 is enriching its suite of financial services, which already includes N26 Instant Savings, N26 Crypto, and N26 Joint Accounts. This expansion aims to facilitate comprehensive financial management and wealth building directly within the N26 app.
The product’s competitive pricing at €0.90 per trade stands out in the market, free of commissions or custody fees. Further enhancing its investment offerings, N26 plans to introduce free recurring Investment Plans, ensuring all customers can invest without incurring fees.
In addition to these investment solutions, N26 is elevating its Instant Savings account interest rate to 4% for Metal customers, underlining its commitment to offering premium savings and investment products.
Valentin Stalf, Founder and CEO at N26, said: “With this new feature, we are expanding our product portfolio at once to offer our customers one of the most attractive investment and saving products in Germany.”
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