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

€1.5bn

Total raised

€8.5bn

Valuation

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

Financials (€m)

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