Tag: N26

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.

Revolut, N26 and Monzo might have entered the US over the years to some extent, but Chime is still dominating the country’s digital bank market.

From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.

Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off