N26 has reached 5 million customers. In 2013, when N26 was found, has raised $683 million. In 2019 the investment round was closed with $470 million which puts $3.5 billion valuation at the company.
For the fast growth in the customer base is responsible German, French, and Austrian markets, with the help of Spain and Italy. Co-founder and Chief Executive Valentin Stalf told Reuters. “We added more customers in 2019 than we did in all the prior years put together.”
In the US, N26 has reached 250k customers and looking for rapid growth too.