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Thursday, May 26, 2022
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N26 client acquisition gets limited by BaFin

The German financial services supervisor, BaFin, requires the German Fintech star to limit the acquisition of new clients to 50,000 per month.

N26 fined 4.25 million euros for money laundering

The German challenger N26 was ordered to pay a fine of 4.25 million euros by the German financial regulator BaFin.

N26 lost Georg Hauer to Hawk AI

N26 will need a new head of Germany as Georg Hauer, General Manager DACH & Northern Europe, is leaving the online bank at the end of October.

N26 accounts are very often investigated in money laundering proceedings

The Berlin-based digital bank N26 is one of the most important challenger banks in the EU but has constant problems fighting money laundering.

N26 exceeds 2 million customers in France

N26 announced that it has convinced 2 million French customers to use its services after 4,5 years since entering the market.

N26 and Raisin partner on EasyFlex savings accounts

Cross-border savings and investments marketplace Raisin and the german digital bank N26 combine their strenghts to deliver top interest rates.

Exclusive: An interview with Michael Schweikart, a co-founder of the sustainable banking provider Tomorrow

Tomorrow is a social business FinTech company and a neobank, that was started in 2018 by founders Inas Nureldin, Jakob Berndt, and Michael Schweikart with a vision to use money as a lever for positive change. Since its launch in 2018, the company has 50+ employees and 55,000+ customers.

N26 hits 7 million customer mark

Berlin-based challenger bank N26 has just surpassed the amount of 7m customers across Europe and the US.

Wirecard says missing €1.9 billion probably does not even exist

Wirecard is a German payments company and its shares have fallen by more than 60% after the firm said its auditors from Ernst & Young had raised questions over cash balances worth €1.9bn last week.

German Commerzbank ditches plan to sell Polish mBank

The German key player Commerzbank announced that it would not sell its Polish subsidiary mBank after all, citing poor market conditions.
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Revolut CEO Nik Storonsky launches his AI-based venture capital fund

Billionaire Nik Storonsky, the co-founder of Revolut, one of Europe's largest and richest startups, plans to launch his own AI-based venture capital fund to compete with legacy venture capitalists.

This is how Klarna will merge e-commerce with physical shopping

Klarna launches "virtual shopping" where online shoppers get access to experts in physical stores.

Revolut reached 1.7 million Irish customers

Of the 5 million population, 1.7million people from Ireland use Revolut to some extent.

Money20/20 “the place where fintech communities love to do business” is back

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