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Wednesday, June 19, 2024
Tags N26

Tag: N26

N26 co-founders are taking 25 % pay cut for a year

The coronavirus crisis has already made senior executives from Monzo, Lloyds and Revolut to slice down their own personal income.

“Imagine no branches” Nearly 70% of bank branches to disappear in the next 10 years

The Covid-19 outbreak is having irreversible impacts on the banking industry already. Above all, it forces banks to shut their branches. And digital challengers such as N26 are quick to jump on the opportunity to change customer behaviour for good.

N26 shuts down in the UK! Brexit is to blame

Berlin-based digital bank N26, which is a rival to Revolut and Monzo, is closing accounts for UK on 15 April. “We will be unable to operate in the UK with our EU banking license so we will be leaving the UK and closing all accounts” is the official N26's statement.
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