N26 raised $170 million in its Series D funding round to accelerate expansion to markets outside Europe.

Mar 09, 2024•almost 2 years ago

Amount Raised

$170 Million

Round Type

series d

BerlinFintechFinancial Services

Investors

Peter ThielLi Ka ShingAllianz Group's Digital Investment UnitTencent Holdings Ltd

Description

Berlin-based N26 extended its Series D funding round by $170 million, driving its valuation to $3.5 billion. The additional funding will be used to speed up expansion to markets outside Europe, including the U.S. and Brazil.

Company Information

Company

N26

Location

Berlin, Berlin, Germany

About

N26 is the beautifully simple, 100% mobile bank that’s trusted by millions of customers across Europe. At the moment, we’re focusing our efforts on our core markets and are no longer offering N26 accounts in the US. If you have any questions regarding your former account, take a look at our FAQs. All N26 customers in the US have been sent a notification of account closure to the email address connected to their account. At this point, all accounts have been closed. If you had money in your account, we issued a check to the address we have on file with your remaining account balance.

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Funding Insights

Based on industry data

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