N26 logo

N26

Active 🦄 Unicorn

Building the bank the world loves to use.

N26 GmbH, N26 Bank GmbH

About N26

N26 is building the first mobile bank the world loves to use. Valentin Stalf and Maximilian Tayenthal founded N26 in 2013 and launched the initial product in early 2015. N26 has more than 8 million customers in 24 markets and a 1,500-strong team of 80 nationalities based across the globe: Amsterdam, Berlin, Barcelona, Belgrade, Madrid, Milan, Paris, Vienna, New York, and São Paulo.

With a full European banking license, state-of-the-art technology, and no branch network, N26 has redesigned banking for the 21st century and is available on Android, iOS, and desktop. Valued at more than US$9 billion, N26 has raised close to US$ 1.8 billion from the world’s most established investors, including Third Point Ventures, Coatue Management LLC, Dragoneer Investment Group, Insight Venture Partners, GIC, Tencent, Allianz X, Peter Thiel’s Valar Ventures, Li Ka-Shing’s Horizons Ventures, Earlybird Venture Capital, Greyhound Capital, Battery Ventures, in addition to members of the Zalando management board, and Redalpine Ventures.

N26 currently operates in Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

Funding (€ m)

€1.5bn

Total raised

€8.5bn

Valuation

RoundYearAmount
Latest round 2021 775
Round −1 2020 91
Round −2 2019 430
Round −3 2018 140
Round −4 2016 34
Round −5 2015 10

Financials (€ m)

YearRevenueEBIT
2018 43.6 -73.1
2019 92.3 -216.9
2020 121.2 -150.7
2021 182 -172.4
2022 230.5 -184.4
2023 307.1 -76
2024 445.4 -4.9
2025 501.6 1.6