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N26

Funding History

$0$2.3B$4.5B$6.8B$9.0B2016201720182019202020212022
Valuation by funding round
Series D · 01/2019$2.7B
Series D Extension · 07/2019$3.5B
Series E · 10/2021$9.0B

About

N26 offers mobile bank accounts, debit cards, savings products and investing features to retail customers across Europe, built on its own German banking license rather than a partner bank.

CEO
Mike Dargan
Employees
~1,600
Headquarters
Berlin, Germany
Founded
2013

Overview

N26 is a Berlin-based digital bank founded in 2013 by Valentin Stalf and Maximilian Tayenthal. Originally launched as a prepaid-card fintech, N26 received its own German banking license from BaFin in mid-2016 and has since grown into a fully licensed digital bank serving customers across the EU, Iceland, Liechtenstein, Norway and Switzerland via a mobile-first current account, savings, and investing product suite. The company spent several years under a BaFin-imposed cap on new-customer growth, tied to anti-money-laundering control failures, which was fully lifted in June 2024. N26 reported its first full year of net profitability in 2025.

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