N26

OverviewSuggest Edit

N26 is a company that develops mobile banking solutions. It provides a free basic current account and a debit MasterCard card for its customers. N26 enables customers to request overdraft protection, investment products, and premium current accounts.

TypePrivate
Founded2013
HQBerlin, DEMap
Websiten26.com
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Locations

N26 is headquartered in
Berlin, Germany

Location Map
All Locations (6)

Latest Updates

Employees (est.) (Jun 2021)1,370(+3%)
Revenue (FY, 2018)€43.6 M(+149%)
Cybersecurity ratingBMore

Key People/Management at N26

Valentin Stalf

Valentin Stalf

Founder and CEO
Maximilian Tayenthal

Maximilian Tayenthal

Founder & CFO
Markus Gunter

Markus Gunter

CEO
Nicolas Kopp

Nicolas Kopp

U.S. CEO
William Kunter

William Kunter

Director of Finance
Alexander Weber

Alexander Weber

Chief Growth Officer
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N26 Office Locations

N26 has offices in Berlin, New York, Vienna, São Paulo and in 1 other location
Berlin, DE (HQ)
Klosterstraße 62
Berlin, DE
Kurfürstenstraße 72
Milano, IT
Via Pola, 11
Show all (6)

N26 Financials and Metrics

Summary Metrics

Founding Date

2013

N26 total Funding

$782.8 m

N26 latest funding size

$100 m

Time since last funding

a year ago

N26 investors

Horizons Ventures, Battery Ventures, Insight Venture Partners, Valar Ventures, GIC, Earlybird Venture Capital, Tencent Holdings, Redalpine Venture Partners, Axel Springer Plug and Play Accelerator, p50 ventures, David Schneider, Robert Gentz, Rubin Ritter, Allianz X, Greyhound Capital, Insight Partners, Armada Investment AG
N26's latest funding round in May 2020 was reported to be $100 m. In total, N26 has raised $782.8 m. N26's latest valuation is reported to be $3.5 b.
View all funding rounds

N26 Revenue

N26's revenue was reported to be €43.65 m in FY, 2018 which is a 148.8% increase from the previous period.
EUR

Revenue (FY, 2018)

43.6m

Revenue growth (FY, 2017 - FY, 2018), %

148.8%

Gross profit (FY, 2018)

29.6m

Gross profit margin (FY, 2018), %

67.9%

Net income (FY, 2018)

(39.9m)

Market valuation

3.5b

Cash (31-Dec-2018)

4.8m
EURFY, 2016FY, 2017FY, 2018

Revenue

17.5m43.6m

Revenue growth, %

149%

Cost of goods sold

6.0m14.5m

Gross profit

(2.7m)11.8m29.6m
show all
EURFY, 2016FY, 2017FY, 2018

Cash

553.8k228.1k4.8m

Accounts Receivable

158.1k166.2k

Current Assets

1.1m642.4k8.9m

PP&E

750.0k1.2m3.9m
show all
EURFY, 2016

Financial Leverage

1.1 x
Show all financial metrics

N26 Operating Metrics

N26's Customers was reported to be 5 m in Jun, 2020.
Jun, 2016Y, 2016Mar, 2017Aug, 2017Mar, 2018Jun, 2018Oct, 2018Dec, 2018Jan, 2019Jun, 2019Jan, 2020May, 2020Jun, 2020Aug, 2020

Customers

200 k300 k500 k850 k1 m1.5 m2 m2.3 m3.5 m5 m5 m5 m

Transactions

10 m

Countries

17242525

Customers (US)

250 k500 k
Show all operating metrics

N26 Acquisitions / Subsidiaries

Company NameDateDeal Size
N26 Bank GmbH
N26 Inc
N26 Operations GmbH

N26 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

Learn more about our premium products
SecurityScorecard logo

N26 Online and Social Media Presence

N26's Trends

Embed Graph

N26 News and Updates

June 04, 2021

Paysera to offer payments via N26 to e-shops in 18 EU countries

The fintech company Paysera has integrated the German neobank N26 into its payment gateway.
May 12, 2021

N26 faces BaFin scrutiny over money laundering failures

German financial regulator BaFin has ordered mobile bank N26 to fix problems with its IT monitoring and customer due diligence to prevent money laundering and terrorist financing.
April 16, 2021

N26 makes European insurance push to lure in new paid users

Summary List PlacementN26 is set to roll out smartphone insurance to its German customers through its partnership with local insurtech simplesurance, per TechCrunch. Customers will be able to purchase the phone insurance, manage the coverage, and make claims through N26's app. It can be bought as a…
April 15, 2021

N26 moves into insurance market

Berlin-based mobile bank N26 is moving into the insurance space, offering customers the option to purchase coverage, manage plans and initiate claims in-app for a range of insurance plans from different providers.
April 15, 2021

Challenger bank N26 to offer insurance products

Fintech startup N26 is launching N26 Insurance as it plans to offer insurance products that you can access from the company’s mobile app and website. The first insurance product is a smartphone insurance plan for German customers. But the startup doesn’t plan to stop there. N26 says it is also worki…
April 15, 2021

Online bank N26 jumps into insurance, taking on giants like Allianz

German online bank N26 is launching insurance policies in partnership with local start-up Simplesurance.
Show more

 N26 Frequently Asked Questions

  • When was N26 founded?

    N26 was founded in 2013.

  • Who are N26 key executives?

    N26's key executives are Valentin Stalf, Maximilian Tayenthal and Markus Gunter.

  • How many employees does N26 have?

    N26 has 1,370 employees.

  • What is N26 revenue?

    Latest N26 annual revenue is €43.6 m.

  • What is N26 revenue per employee?

    Latest N26 revenue per employee is €31.9 k.

  • Who are N26 competitors?

    Competitors of N26 include Moneythor, Solarisbank and Simple.

  • Where is N26 headquarters?

    N26 headquarters is located at Klosterstraße 62, Berlin.

  • Where are N26 offices?

    N26 has offices in Berlin, New York, Vienna, São Paulo and in 1 other location.

  • How many offices does N26 have?

    N26 has 6 offices.