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European Digital Bank N26 Integrates iDEAL to Streamline Payments for Clients in the Netherlands

Digital bank N26 announced the integration of popular local payment service iDEAL to its 100% digital banking experience in the Netherlands. Available to the first N26 customers in the Netherlands from today, the new integration will be gradually “rolled out in the market and will… Read More

European Digital Bank N26 Appoints Carina Kozole as Chief Risk Officer

Digital bank N26 announced the appointment of Carina Kozole as Chief Risk Officer and Managing Director of N26 AG. She will begin in her new role later this year, and will “assume responsibility for risk management at the digital bank.” Carina reportedly brings “with her… Read More

Germany: BaFin Updates on Digital Bank N26 to Curb Money Laundering

German regulatory authority BaFin has reportedly extended measures at digital bank N26 in an effort to prevent illicit activities. In 2019, BaFin issued an order targeting N26, telling the Fintech to “take appropriate internal safety measures” for the prevention of money laundering and terrorist financing…. Read More

European Digital Bank N26 Appoints Andrea Isola as VP of European Markets and Business Operations

Andrea Isola, former General Manager for Italy & South East Europe at N26, has been appointed as the new VP of European Markets and Business Operations at the German digital bank effective immediately. In his new role as VP of European Markets and Business Operations,… Read More

Digital Bank N26 Chief Growth Officer Alexander Weber to Leave His Role By End of June 2023

After 9 years at the company, N26’s Chief Growth Officer, Alexander Weber, will be leaving his role at the end of June “to pursue his own entrepreneurial journey.” Having joined N26 in 2014 as one of its first team members, Alexander has “been an important… Read More

European Digital Bank N26 Welcomes Déborah Carlson-Burkart to Supervisory Board

Earlier this week, N26 announced the appointment of international regulatory compliance and governance professional Déborah Carlson-Burkart to its Group Supervisory Board. Déborah will reportedly work closely “with existing board members Marcus W. Mosen, Jörg Gerbig, Dr. Barbara Roth and Dr. Julian Deutz, as well as… Read More

European Digital Bank N26 Expands Insurance Benefits for Clients

The Mobile Bank N26 announced new insurance services for ‘You’ and ‘Metal’ personal and business account holders. With more customers using N26 as their everyday bank account, the new offering aims “to provide premium customers a comprehensive coverage plan to better protect against unexpected events… Read More

Digital Bank N26 Introduces Instant Savings Account, Offering Spanish Clients Competitive Interest Rates on Deposits

The digital bank N26 announced the launch of its new N26 Instant Savings account in Spain, offering eligible customers “with a Spanish IBAN 2.26% AER (2,26% NIR) on deposits with no conditions of permanence, no minimum deposit amounts required, no additional fees, and no need… Read More

Digital Bank N26 Reduces Employee Count by 4%

In another sign of the flagging global economy, Germany-based digital bank N26 has announced a 4% reduction in its employee headcount. N26 is a fully licensed bank receiving approval in its home country. N26 operates in various European countries. At one point, it took a… Read More

Digital Banking: European Mobile Bank N26 Announces Campaign to “Decode” Complex Security Issues

The digital bank N26 announced its new campaign, “Security Explained Simply” in order to help “decode the increasingly complex landscape of security in digital banking.” Each of the five updates featured in the campaign “discuss a separate security concept narrated by a character that relates… Read More

European Digital Bank N26 Appoints Jan Stechele as Interim MD, Chief Risk Officer

The mobile bank N26 recently announced the appointment of Jan Stechele as Managing Director and Chief Risk Officer of N26 AG and N26 Bank AG. In his new role, Jan Stechele will “oversee N26’s governance, compliance and risk functions in the interim and will take… Read More

Digital Bank N26 Appoints Arnd Schwierholz as CFO

N26, a European digital bank, announced the appointment of Arnd Schwierholz as its new Chief Financial Officer. The experienced manager will “lead the company’s financial department moving forward.” Arnd Schwierholz reportedly “brings decades of experience in the technology industry and in financial management for publicly… Read More

Bitpanda, N26 Introduce Digital Asset Trading in Germany, Expand Across Europe

Bitpanda announced that the successful Austrian-only phase of their partnership with N26, one of the largest digital banks in Continental Europe, has been expanded. N26 customers from Germany, Portugal, Belgium, Ireland and Switzerland will now “be able to invest in a wide range of over… Read More

Digital Bank N26 Announces Changes to Leadership Structure

N26 recently announced changes to its leadership organization. Effective immediately, N26 co-founder Maximilian Tayenthal will “take over the role of Chief Operating Officer, while retaining his role as Managing Director of N26 Bank AG.” N26 and Jan Kemper have jointly “agreed that he will step… Read More

Digital Bank N26 Appoints Supervisory Board, Strengthening Corporate Governance

N26, The Mobile Bank, announced the appointment of its new group Supervisory Board “as it continues to evolve its governance structures in preparation for the next stages of development.” The latest appointments “will see Marcus W. Mosen, Jörg Gerbig, Dr. Barbara Roth, Dr. Julian Deutz… Read More

Digital Bank N26 to Offer Crypto Trading, Starts with Austria Powered by Bitpanda

Digital bank N26, based in Germany, will soon offer cryptocurrency trading to its account holders. According to a Tweet, Austria will be the first country to allow an account holder to trade digital assets with other European countries coming soon. The crypto trading services will… Read More

N26 Becomes First Neobank to Join Bizum

Bizum has arrived at N26. The online bank has announced that all customers with a Spanish IBAN can now “send, receive and request money through the popular mobile payments solution.” In addition, the online bank’s app will “incorporate the Bizum functionality to pay at partner… Read More

Kyle Ferdolage: Lead Trust and Safety Analyst at N26 Says They’re Raising Awareness About Potential Scams

The past 12 months have seen phishing attacks rise 29% globally to reach a new record of 873.9M attacks, with the highest uptake of over 400% in the retail and wholesale industries, according to the 2022 ThreatLabz Phishing Report by ZscalerTM. The United States, Singapore,… Read More

Digital Banking Platform N26 Explains Why it May Have to Block Certain Accounts

Every banking platform has an “important” duty to combat financial crime, and N26 claims that it is “no different.” As a fully-regulated bank, this is “not just a responsibility, but a legal requirement for [them] to do so,” the N26 team noted in a blog… Read More

Bank of Italy Bans Digital Bank N26 From Accepting New Customers, Offering New Services to Existing Customers

Yesterday, the Banca D’Italia or Bank of Italy – the country’s central bank – issued a statement banning N26 from accepting new customers. The central bank said that the decision follows an on-site inspection that “revealed significant shortcomings in respect of anti-money laundering.” The Bank… Read More

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