Great news for N26! Additional funding of USD 160 million led by Allianz X and Tencent. This is a record for this type of funding in the German fintech industry—and one of the biggest across Europe—bringing our total funding to date to $215 million.
Investing in the future: our $160 million Series C funding We believe that both Allianz X and Tencent are the perfect choice to help make N26 a market leader in mobile banking. Allianz and Tencent joining our family of existing investors is an incredible achievement that we’re very proud of. Allianz is one of the world’s largest asset management and leading insurance firms and is considered one of the most trusted brands in the financial services industry. Tencent has gone from a pioneer to market leader in social media, gaming, e-commerce, and mobile payments in China. Its flagship product WeChat now has over one billion active monthly users. It recently even surpassed Facebook in market value. The good news doesn’t stop there, though. We now have over 850.000 customers!
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