By Daniel Lanyon on Friday 23 August 2019
The German digital banking leader has had a full public launch stateside after successfully completing its beta phase.
N26 has gone live to US consumers nationwide after completing a two-month beta program.
US residents can download the app directly from the Apple App Store and Google Play and apply for an N26 account.
“We are excited to now open up N26 to the millions of US consumers who are frustrated with their current banking experience. We give users a banking app and Visa debit card that matches their lifestyles,” says Nicolas Kopp, US CEO, N26 Inc. “We created a mobile, fast and easy way to bank.”
Perks are an important feature for the bank's US strategy. N26 customers get up to 10 per ent off the cost of select monthly subscriptions when paying with their N26 card. Current subscriptions include health and fitness app Aaptiv, micro-learning reading app Blinkist, podcast platform Luminary, and global music and entertainment streaming platform TIDAL.
N26 says it has more than 3.5 million customers in 24 markets and attracts over 10,000 new users every day in Europe.
With a valuation of $3.5bn, N26 has raised more than $670m from the world’s most established investors, including US-based firms Insight Venture Partners and Peter Thiel’s Valar Ventures.