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Thursday, May 26, 2022
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Tag: N26

N26 reports about cryptocurrency rise among women investors

German digital bank N26 surveyed 16,030 people from its 5 largest markets in Europe – Austria, France, Germany, Italy and Spain.

Italy’s financial regulator imposes a ban against N26

After the growth restrictions imposed by the German financial regulator Bafin, the Berlin-based digital bank N26 is now also struggling with problems in Italy.

N26 set to launch cryptocurrency options in 2022

The company's co-founder admits that rushing for a global expansion has caused N26 to drop behind in crypto and equities trading.

N26 is getting prepared for a wave of consolidation

Jan Kemper, CFO of N26, expects a wave of consolidation within the next three years.

Revolut is outpacing rivals in terms of app downloads in 2021

British digital bank Revolut has recorded a 37% increase in downloads of its Android app, new data shows.

N26 is withdrawing from the USA to focus on Europe

Berlin-based digital bank N26 is giving up the US business so it is able to focus on the European market.

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 has raised $900 million and is worth $9 billion

This way N26 became the second highest-valued bank in Germany, slightly ahead of Commerzbank.

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.
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Money 20/20: speakers and agenda

With 4,000+ attendees from 1,900+ companies and 3,100+ IRL meetings booked in 2021, Money 20/20 proved yet again that this is the fintech industry’s premier conference.

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.