N26 withdraws from US
- N26 announced that its digital banking experience will no longer be available to customers in the US after January 11, 2022
- The announcement comes as the digital banking leader continues to sharpen its focus on its European business
- It will focus its strategy on broadening its digital banking experience into new verticals to include investment products
- Aims to further empower customers to manage additional aspects of their financial lives simply and seamlessly
- On top of strengthening its core business operations in Europe, where digital banking adoption continues to be in its infancy
- Also assessing future expansion into additional markets in Eastern Europe in response to growing customer demand
