Tag: N26

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

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

Hot on the heels of having acquired Wirecard Communication Services GmbH, IDnow has now named Bettina Pauck as its new chief operations officer.

FinTech funding in Germany in H1 declined by 73.3% compared to the opening six months of 2019.

German neobank N26's new research suggests that people in the US saved on average $2,102 because of Covid-19.

N26 employees have set up a works council despite their employer arguing it would stand "against almost all values we believe in" and filing injunctions to prevent it from coming into existence in what is proving to be a messy affair.

American hedge fund D1 Capital Partners has bought a $200m share in UK-based FinTech unicorn TransferWise, which sees its valuation jump past the $5bn (£4bn) mark.

UK-based international money transfer FinTech TransferWise has announced that it may start to offer investment products in the future after picking up a new licence.

German challenger bank N26 has extended its partnership with international payments company TransferWise, which will enable it to offer more options for foreign currency transfers.

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.