German digital bank N26 is launching in the United States through a phased rollo...
NEW YORK - German digital bank N26 is launching in the United States through a phased rollout of its app-based checking account and debit card, it said on Thursday.
The company’s U.S. subsidiary N26 Inc will start making its services available to the 100,000 customers on its U.S. waitlist over the next few weeks and will fully launch to the public later this summer, it said. It has amassed 3.5 million customers in 24 European markets since its initial launch in 2015 and raised more than $500 million from investors including Insight Venture Partners, Tencent and Peter Thiel’s Valar Ventures.
“As a long-term strategy I could see us getting a license , but we are not in a rush,” Nicolas Kopp, U.S. CEO, N26 Inc, said in an interview.
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