N26 reaches one million users in France

October 11, 2019 | FinTech
Written by FinTech Alliance
N26 reaches one million users in France

FinTech Alliance company N26 has announced it reached the one million user milestone in France last month.

In Brief:

  • This reportedly means it has surpassed banking giant HSBC, which has 900,000 customers in France according to recent figures.

  • Founded in 2015, the challenger bank launched in France in 2017.

  • In total, there are 3.5mn N26 users across 26 markets.

What does this mean?  

N26 has a lot of backing from investors and now seems to have the backing of the public, too. The company’s recent value was around £2bn, and it counts Chinese internet giant Tencent among its investors.

Read more here.

 

More in FinTech

Jumo raises over $50mn
FinTech
February 27, 2020

Jumo raises over $50mn

South African FinTech Jumo raised $55mn from a diverse group of investors. In Brief: Thi...

FinTech Alliance partners with FinTech Scotland
FinTech
February 25, 2020

FinTech Alliance partners with FinTech Scotland

FinTech Alliance and FinTech Scotland have entered into a partnership to boost innovation and transf...

Press Release: FinTech Alliance announces partnership with FinTech Scotland
FinTech
February 25, 2020

Press Release: FinTech Alliance announces partnership with FinTech Scotland

London/Edinburgh, 8.00am, Tuesday 25 February 2020 – FinTech Alliance partners with FinTech Sc...

FinTech
January 30, 2020

2019 FinTech Investment Landscape

Innovate Finance’s FinTech Investment Landscape features data-driven insights on the global Fi...

FinTech
January 09, 2020

Latin America: Global Investors’ New FinTech Frontier

Insights from Leading Banks, Venture Capital and Private Equity Investors

FinTech
January 09, 2020

What will the future of banking look like?

Big tech, fintech and increased regulation are putting pressure on banking incumbents. How can they...

FinTech North Sheffield Forum

FinTech North Sheffield Forum

When: Mar 13th, 2020
Where: Barclays Eagle Labs, Sheffield
Price: FREE
FinTECH4Life

FinTECH4Life

When: Mar 26th, 2020
Where: Rise London, London
Price: £999
FinTech North York Forum

FinTech North York Forum

When: Mar 27th, 2020
Where: Ron Cooke Hub, York
Price: FREE