Neobank N26 has launched a savings account in Spain as it weathers a turbulent period. The new Instant Savings account, announced Tuesday (May 26), offers eligible customers in Spain an interest-bearing savings account with 2.26% yield and no conditions of permanence, minimum deposit requirements or excess fees....
People can’t seem to decide which digital banking experience they like best, which would explain the tangle of tied scores and new or returning names to PYMNTS’ Provider Ranking of Digital Banking Apps. It would also explain why there are currently 16 apps in a Top...
The neobanks promised to shake up the world. Especially in Europe. It hasn’t quite worked out that way. As the first quarter of 2023 is firmly in the rearview mirror, as open banking becomes ever-more firmly entrenched within the fabric of everyday financial life in...
Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. According to a report late Tuesday (April 18) by the Financial Times, sources say Allianz’s venture capital operation Allianz X has told advisors to sell the company’s roughly 5% stake...
January 18, 2023
Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen 30% on the year hitting a multi-month high, former FTX US president Brett Harrison has returned to the industry with a new startup backed by one-time FTX partner Anthony Scaramucci, […]
November 18, 2021
Announcing on Thursday (Nov. 18) that it is ceasing operations in North America starting in January 2022, Berlin-based neobank N26 has recharged the debate around what consumers want from digital-first...
June 26, 2020
Financial institutions (FIs) worked quickly to ensure they could operate smoothly as the pandemic kept consumers at home and closed brick-and-mortar branches in Europe, the United Kingdom and the United...
December 13, 2019
There was no lack of action in the wild world of payments and commerce this week. In the running toward things column, there was German challenger bank N26’s big push into...
August 25, 2023
European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in the country by providing a seamless and localized payment solution, the company said in a Thursday (Aug. 24) press release. With the integration of iDEAL, N26 customers in the Netherlands will […]
May 16, 2023
Neobank N26 has launched a savings account in Spain as it weathers a turbulent period. The new Instant Savings account, announced Tuesday (May 26), offers eligible customers in Spain an interest-bearing savings...
April 19, 2023
Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. According to a report late Tuesday (April 18) by the Financial Times, sources say Allianz’s...
January 17, 2023
The German neobank N26 has launched its crypto trading service in five new markets. Following an initial launch in Austria last October, the company announced on Tuesday (Jan. 17) that...
