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Saturday, October 24, 2020
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N26 welcomes Subhashini Simha as Global Director of Product Marketing

The German challenger bank made the announcement last week on LinkedIn and it was met with great praise.

N26 eyes funding at $3.5B valuation

N26 is considering a fresh fundraising round next year, as the challenger bank eyes a valuation above $3.5 billion, people familiar with the matter said to Bloomberg.

Penta, the Berlin-based digital business bank

Penta provides banking for small and medium-sized enterprises (SMEs) and is headquartered in Berlin, with offices in Milan and Belgrade.

Founders of N26 filed a restraining order against the Works Council and are facing a serious staff unrest

Max Tayenthal and Valentin Stalf, the founders of the German challenger N26, have obtained a temporary injunction to prevent the election of the works council.

N26 partners with adidas to provide customers with a new perk

German challenger bank N26 has announced a partnership with another German brand, the sportswear giant adidas.

The story of the ‘World’s most wanted man’ Wirecard’s Jan Marsalek

Jan Marsalek, who was Wirecard’s chief operating officer, is one of the current world's most wanted men. He is now supposed to be in Russia, in a GRU safehouse west of Moscow, after Bellingcat reported he was present in Minsk two days ago.

Penta raised €4 M from new investors

Berlin-based neobank Penta has raised an additional €4m from new investors and topped up its €18.5m Series B funding round from March this year.

The fall of Wirecard: Wirecard files for insolvency and former CEO Markus Braun gets arrested

Wirecard’s former CEO, Markus Braun has been arrested on suspicion of false accounting and market manipulation and Wirecard is filing for insolvency.

Raisin brings customer services under one roof

One of the stated goals of the Raisin platforms is Europe-wide, cross-border access to financial products. Germany-based Raisin is now making use of the recent acquisition of MHB Bank for bringing customer accounts from 31 countries to its own Raisin bank.
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