N26 appoints Arnd Schwierholz as new CFO

German mobile bank N26 has found a new chief financial officer (CFO) in Arnd Schwierholz.

N26’s former CFO, Jan Kemper, left the company a few weeks ago after a year and a half to pursue other ventures.

Kemper had been both CFO and interim chief operating officer (COO), and when it was announced he was leaving, N26’s co-founder and co-CEO Maximilian Tayenthal took on the additional role of COO effective immediately. 

Schwierholz joins the bank with decades of experience in both the technology industry and in financial management, having been CFO and partner at venture capital firm Iconical, CFO at global mobility provider Flix SE and CFO of AirBerlin.

“With Arnd Schwierholz, N26 gains an experienced financial leader with a strong track record across different industries and business models,” N26 supervisory board chair Marcus Mosen said.

“I am convinced that Arnd, with his extensive experience and his passion for finance, will make an important contribution to the development of N26,” Mosen added.

N26 formerly said that Kemper would remain in his role until the end of January to ensure a “smooth transition” while the company searched for a new CFO.

It has now added that Schwierholz will begin his new role on 1 February.

“I look forward to applying my experience and expertise at N26 to support the company in improving banking for millions of consumers,” Schwierholz said.

The Berlin-based bank shared plans to expand its crypto trading into five new European markets last week despite an overall downturn in crypto prices over the last year.

It launched in Austria last October, and will now become available to customers in Ireland, Germany, Switzerland, Belgium and Portugal in a gradual rollout.