Fintech Insights - N26 Raises $900 Million in Series E Funding

October 2021
Fintech & Payments

This week, German digital-only bank N26 announced that it had raised over $900 million in Series E funding, with investors including Third Point Ventures, Coatue Management, and Dragoneer Investment Group.

The fundraising confirmed a valuation for N26 in excess of $9 billion, with more than 7 million customers in 25 countries. N26 also confirmed that it is on track to process over $90 billion in transaction volume in 2021. N26 announced plans to grow staff strength by 1,000 team members globally, with a focus on product, technology and cybersecurity.

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