n26

finance

German watchdog steps up monitoring of popular N26 online bank

Germany's financial watchdog on Wednesday ordered online bank N26 to step up "internal controls and safeguards" to prevent money laundering and terrorist financing, and said it was appointing a special representative to monitor progress.

banking

Brexit forces German online bank N26 to leave UK market

German online bank N26 said Tuesday it will close all of its British customers' accounts and leave the UK market because of Britain's exit from the EU at the end of last month.

bank 1

Germany orders online bank N26 to take new steps against money-laundering

German financial markets watchdog Bafin said Wednesday it had ordered online bank N26 to tackle gaps in its measures against financial crime, including in its systems for verifying clients' identities.

finance

What is the digital German bank N26 that’s about to hit a million customers?

Berlin-based bank N26 is growing rapidly. In just three years, almost one million customers across 17 European markets have signed up, according to the startup’s founder. But what makes it different from other banks?