Number26

Number26

Neobanks / Digital banks | Licensed Digital Banks
website linkedin address
  • FOUNDING YEAR: 2013
    LOCATION:
    Germany
    REGION:
    Last Update:
    27 Jun, 2019

Description

Number26 was rebranded as N26 in May 2016, it has built the mobile only banking application in Europe. It aims to revolutionize the traditional banking industry and how people spend.

FOCUS

PRODUCTS & SERVICES:
Banking App
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Consumers
EXISTING PARTNERSHIPS:
Partnered with Wire Card Bank to manage customers accounts

PEOPLE

FOUNDERS:
Maximilian Tayenthal, Valentin Stalf
Board Members and Advisors:
Fabian Friede, Peter Niederhauser, Simon Sebastian Schmincke, James Fitzgerald, Stefan Klestil, Andrew McCormack
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Redalpine Venture Partners, Earlybird, Daniel S. Aegerter,Valar Ventures, Earlybird Venture Capital, Axel Springer Plug and Play Accelerator, Battery Ventures, David Schneider, Horizons Ventures, p50 ventures, Robert Gentz, Rubin Ritter, Redalpine Venture Partners
KEY EMPLOYEES:
Valentin Stalf (CEO); Christian Rebernik (CTO); Kelly Ford (CMO)

TRACTION

VALUATION / MARKET CAP:
$266.2 MM in 2016

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$52.73 Millions
DATE OF LAST FUNDING:
Jun 2016
SEED & PRIOR FUNDING:
$2.7 Millions
SEED CLOSED ON:
Jun 2014
FUNDING SERIES:
SERIES A
$10 Million Closed: Apr 2015
SERIES B
$40 Millions Closed: Jun 2016
LISTED:
NO

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