By Oliver Smith on Thursday 13 June 2019
The German digital bank now has 3.5m customers, and growth is accelerating.
Adding a million customers in just four months is no small feat, but that’s exactly what German digital bank N26 has just done.
After announcing its 2.5m customer milestone in February, this morning CEO Valentin Stalf updated that figure to 3.5m.
N26 also revealed it’s monthly transaction volume is now over €2bn per month split between 16m transactions across its 24 European markets.
Cofounder Maximilian Tayenthal also teased the company’s long-awaited US launch is happening in the “coming weeks”.
“Our US launch marks the next logical step for N26 to become a global bank, as many more people around the world are looking for a simple and hassle-free banking experience.”
Interestingly, the company said it now employs 1,300 employees across its headquarters in Berlin, and TechHubs in Barcelona and Vienna and offices in New York and Sao Paulo, but made no mention of London where it staged a high-profile media campaign as part of its UK launch last October.