Only One Bank is Bigger than N26

A new investment round that got N26 $900 million puts the valuation of the Berlin-based fintech company at $9 billion, cnbc reports. That means that from Germany’s listed banks only Deutsche Bank has a higher market capitalization. Co-CEO Maximilian Tayenthal has said that N26 wants to go public within the next 12 to 18 months. With 7 million customers worldwide, N26 processes approx. $90 billion in transactions a year. 

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