N26 stock price, funding rounds, valuation and financials

N26 has raised $782.77 m in total funding. N26 valuation is $3.5 b, and annual revenue was €43.65 m in FY 2018

$3.5 B

N26 Mkt valuation

€43.6 M

N26 Revenue FY, 2018
N26 Revenue growth (FY, 2017 - FY, 2018), %149%
N26 Gross profit (FY, 2018)29.6 M
N26 Gross profit margin (FY, 2018), %67.9%
N26 Net income (FY, 2018)-39.9 M
N26 Cash, 31-Dec-20184.8 M
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N26 Funding

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

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.

N26 Capital Raised

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N26 Valuation

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N26 Income Statement

Annual

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

Gross profit Margin, %

67%68%

R&D expense

904.5k348.2k445.2k

General and administrative expense

5.8m11.1m20.9m

Operating expense total

12.9m24.6m69.5m

Depreciation and amortization

904.5k348.2k445.2k

Net Income

(14.7m)(12.9m)(39.9m)

N26 Balance Sheet

Annual

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

Total Assets

28.2m40.9m115.2m

Accounts Payable

634.6k2.2m8.3m

Total Liabilities

1.2m3.6m9.8m

Additional Paid-in Capital

46.5m66.1m177.7m

Retained Earnings

(20.4m)(33.2m)(73.1m)

Total Equity

26.3m33.0m104.7m

Financial Leverage

1.1 x1.2 x1.1 x

N26 Ratios

EURFY, 2016

Financial Leverage

1.1 x

N26 Operating Metrics

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

Deposits from Customers (N26 Bank)

€128.74 m€411.8 m€1.07 b

Loans to Bank (N26 Bank)

€48.61 m€101.19 m€153.49 m

Loans to Customers (N26 Bank)

€30.59 m€203.32 m€461.17 m

N26 Employee Rating

3.2441 votes
Culture & Values
3.1
Work/Life Balance
3.3
Senior Management
2.7
Salary & Benefits
3.2
Career Opportunities
3.4
Source