Entering a payroll every month is one of our best weapons to negotiate the conditions of a checking account with the bank. Many entities undertake to eliminate the costs associated with the operation of their accounts and their cards if the client domiciles their assets in the entity. But what…
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The digital bank N26 is currently struggling with its growth. Phishing scams and customer communication problems could discourage customers and hurt the entire fintech industry. A very impressive growth A few days ago, N26 founder Valentin Stalf said in an interview that the digital bank is winning 10,000 new customers…
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For bank customers, it is a horror scenario: scammers use the access data for online banking and then clear the account empty. As the magazine “founder scene” now reports, it has hit a customer of the Berlin online bank N26 particularly hard. He was stolen not only 80,000 euros, the…
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The direct bank N26 is considered one of the stars of the German startup scene. The bank is currently opening more than 10,000 accounts a day, says its founder. However, this seems to be at the expense of customer support. The startup magazine Gründerszene reports of a N26 customer who…
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Axel Seitz taps the N26 app on his iPhone, but he can not log in. The access data for his account are not valid, so the error message. Because he urgently wants to transfer money, Seitz tries to reach the bank by phone – and finds that there is no…
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ECOFIN Forum every year selects the ten FinTech companies to follow. It is a showcase created a couple of years ago; but that now has the advice of a dozen experts grouped in the FinTech Circle who is the one who proposes to Foro ECOFIN its annual list to follow…
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N26 has to deal with the financial supervision. Actually, the smartphone bank is a success story for the German startup scene. Then and now Founded in 2015, today it has a market value of 2.3 billion euros and around 2.5 million users. But now suddenly the complaints of customers and…
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FrankfurtThe smartphone bank N26 is regarded as the star of the German start-up scene. Customer growth: breathtaking. The circle of investors: illuster. The financing rounds: lush. In January, well-known financiers such as the Allianz and the sovereign wealth fund GIC from Singapore invested 260 million euros in the company. The…
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The Fintech sector is in a phase of global expansion, and that is currently one of the most changing markets and that means faster growth. If there is something to be highlighted about these first three months, it is the large amount of money that is being moved to finance…
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According to N26 CEO Valentin Stalf, “N26 Black” and “N26 Metal” are important for the monetization of the fintech bank. All the more important is our guest author Daniel Schulte-Hillen Apple’s market entry in the credit card market. The introduction of the Apple Card is a threat to the N26…
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