News

Mobile bank N26 to enter the US market

Tuesday 24 October 2017 00:03 CET | News

N26, The Mobile Bank, has announced plans to enter the US market at Money 20/20 Las Vegas with a similar offering available in Europe. 

US customers can sign up for the waitlist and will be able to open an account starting mid-2018. The challenger bank will offer similar bank account services to those available in European markets. Some additional services, tailored to the US market have also been announced.

N26 will initially offer a checking account with full use of a card, money transfers, cash withdrawals, and features tailored to the US market, including a customer reward program. In the long-term, N26 plans to build a FinTech hub with more services and becoming the one-stop shop for all its customers’ financial needs. 

The challenger bank operates as N26 Inc. in the US, based in New York. To comply with the regulatory framework, N26 will be using a partner bank to provide its services to US customers.

N26 combines technology and design in order to create an exceptional user experience. It develops every product as a mobile-first application, as opposed to traditional banks who simply add on a mobile interface to their existing infrastructure.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: mobile bank, online bank, challenger bank, Money 20/20, Money 20/20 Las Vegas, N26, US
Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
This article is part of category

Banking & Fintech


Related

Finastra achieves SWIFT Certified Application label for payments solution

Published 12 Aug 2019 10:54 CET | World
Finastra has announced that Fusion PAYplus Financial Transaction System (FTS) has achieved the SWIFT Certified Application label....

Ecommerce startup Parcel Perform expands to Europe

Published 03 Jun 2019 08:58 CET | World
Parcel Perform, a Singapore-based ecommerce logistics startup, has announced its expansion into Europe....

Abele submits filing for ICO with SEC

Published 29 Aug 2018 09:58 CET | World
The Abele Group USA has submitted a confidential filing on Form 1-A with the US Securities and Exchange Commission pursuant to Regulation A+ for its proposed initial coin offering (ICO)....

TransferWise to launch borderless account and debit card

Published 09 Jan 2018 14:09 CET | World
TransferWise, a UK-based money transfer company, has announced the launch of its borderless account and debit card in the first quarter of 2018....

Brightpearl announces iOS POS solution, PayPal Here integration

Published 28 Jul 2017 13:09 CET | World
Brightpearl, an omnichannel retail management system, has announced the launch of Brightpearl POS, an iOS point of sale (POS) solution and PayPal Here integration....

Paytm taps O2O model to onboard regulars on to its online platform

Published 10 Apr 2017 10:09 CET | World
Paytm, an India-based payment and ecommerce company, has tapped the online-to-offline (O2O) model to onboard regulars at brick-and-mortar stores on to its platform....

Facebook launches Secret Conversations option for Messenger

Published 06 Oct 2016 00:16 CET | World
Facebook has rolled out its encrypted messaging technology to mobile users worldwide, allowing people who access the platform’s Messenger app to communicate privately....

Uber launches regulation-compliant payment system in India

Published 17 Nov 2014 11:59 CET | World
Uber has introduced a wallet-style payment system in India after recent regulations require all online transactions to pass through domestic payment systems....

Global mobile payment technology to launch in Australian schools

Published 22 Apr 2014 09:44 CET | World
Australian financial institution Commonwealth Bank has launched a mobile payment technology, dubbed QkR, for all Australian schools....

Russian-made chips for bank cards to be introduced in 2015

Published 17 Apr 2014 11:16 CET | World
Apart from setting up its own payment system, Russia has also revealed plans to introduce its own chip for banking cards in 2015, East-West Digital News reports....

Alipay to upgrade payments safety

Published 10 Apr 2014 13:09 CET | World
Alipay, an affiliate of Alibaba Group and an online payment service in China, has revealed plans to set up a fund to promote security and safeguard user information....

nTrust members to use Globe GCash to upload money into their nTrust Cloud

Published 06 Mar 2014 10:55 CET | World
nTrust, an online and mobile money transfer solution, in partnership with Philippine-based online services provider DragonPay, now provides an enhanced method for GCash account holders to upload money into their nTrust Cloud....