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, DE
Websiten26.com

Latest Updates

Employees (est.) (Aug 2020)1,482(-1%)
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
William Kunter

William Kunter

Director of Finance
Alexander Weber

Alexander Weber

Chief Growth Officer
Gino Cordt

Gino Cordt

CTO
Georgie Smallwood

Georgie Smallwood

Chief Product Officer
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N26 Office Locations

N26 has offices in Berlin, New York, Vienna, São Paulo and in 2 other locations
Berlin, DE (HQ)
Klosterstraße 62
Berlin, DE
Kurfürstenstraße 72
Milano, IT
Via Pola, 11
Madrid, ES
Calle de José Abascal, 41
Show all (7)

N26 Financials and Metrics

Summary Metrics

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
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
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, 2020

Customers

200 k300 k500 k850 k1 m1.50 m2 m2.30 m3.50 m5 m5 m5 m

Transactions

10 m

Countries

17 24 25 25

Customers (US)

250 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

89/100

SecurityScorecard logo

Human Capital Metrics

Source: n26.com
Embed Graph
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N26 Online and Social Media Presence

Embed Graph

N26 News and Updates

N26 vs. Revolut: The battle of the challenger banks

Dubbed as “challenger banks” not that long ago, the digital banks N26 and Revolut have acquired over 15 million registered users (10 million for Revolut and 5.5 million for N26) as of the first quarter of this year, putting both on a hyper-growth track. They also dominated headlines when they raised…

N26 is offering customers a discount on their next Adidas purchase

This story was delivered to Insider Intelligence Banking Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing. You can learn more about subscribing here. The German neobank ha…

N26 extends partnership with TransferWise

The Mobile Bank, N26 today announced an extension to its partnership with global technology leader i...

N26 survey respondents reveal unexpected bank fees are a major pain point for Irish customers

This story was delivered to Insider Intelligence Banking Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing. You can learn more about subscribing here. Two-thirds of respond…

N26 launches 'Business Metal' accounts

Global digital bank N26 today launches N26 Business Metal, a new premium business account with exclu...
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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 William Kunter.

  • How many employees does N26 have?

    N26 has 1,482 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 €29.5 k.

  • Who are N26 competitors?

    Competitors of N26 include Simple, Starling Bank and Revolut.

  • 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 2 other locations.

  • How many offices does N26 have?

    N26 has 7 offices.