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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Is the Fintech Bubble About to Burst? Lessons from Credit Suisse’s Collapse
Last week, UBS acquired Credit Suisse in a $3.25 billion rescue deal. This event has raised concerns about the viability of business models of highly valued fintech startups.
Zeta and Featurespace Join Forces to Offer Innovative Credit Card Processing and Fraud Detection Solution
Modern core banking technology provider Zeta and fraud prevention company Featurespace announced a new partnership on March 22, 2023.
Fintech Companies Put a Hiring Freeze Due to Economic Climate
A major new report by Erlang Solutions has revealed that half of all fintech firms have put a stop to hiring staff in 2023 due to the challenging economic climate.
Recap of FinovateEurope 2023: Key Themes and Takeaways
With a focus on innovation and customer needs, the future looks bright for the industry.