N26: Launched in the US

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N26: Launched in the US

N26: Launched in the US, beginning a phased roll out of its app-based account and debit card

  • The firm is beginning to make its app available to 100,000 Americans
  • Launched in Germany and Austria in January 2015, N26 began as a current account with a Mastercard
  • It now operates as a fully-featured bank, serving 3.5 million customers in 24 European markets
  • In the US it will operate through a partnership with FDIC-insured Axos Bank
  • In February the startup scored a $300 million capital injection
  • The US launch is a major milestone for N26 to change banking globally