...

German digital bank N26 launches in Britain, sets sights on U.S.

Europe Materials 4 October 2018 10:55 (UTC +04:00)
Berlin-based digital bank N26 launched in Britain on Thursday and will open in the United States in the first quarter of next year
German digital bank N26 launches in Britain, sets sights on U.S.

Berlin-based digital bank N26 launched in Britain on Thursday and will open in the United States in the first quarter of next year, its Chief Executive told Reuters.

The bank, which offers a suite of mobile banking services, will bring on a handful of customers at first in October before opening accounts for some of its 50,000-strong waiting list in November, Chief Executive Valentin Stalf said in an interview.

Since its launch in 2015 N26 has grown to have 1.5 million customers across eighteen markets in Europe including its home base of Germany, and counts Hong Kong billionaire Li Ka-shing and Silicon Valley investor Peter Thiel among its backers.

Tags:
Latest

Latest