German-headquartered neobank is stepping up its plans to launch in the UK.
It has posed an ad on its website for a General Manager UK to be in “charge of the market entry of N26 in the UK… responsible for the P+L of the UK market and act as the main contact person for our local partners and service providers.”
Go deeper with GlobalData
In February, The Times reported that N26 was eyeing up market entry into the UK.
Founded in 2013 by Valentin Stalf and Maximilian Tayenthal, N26 has more than 300 employees and more than 500.000 customers in 17 countries.
It has raised more than $55m from and has lofty if somewhat unlikely ambitions-earlier this year CFO Maximilian Tayenthal told Business Insider that its business aim was to make “traditional banks redundant.”
N26 has successfully grown its product range in the past year and has spoken of future plans to move into business banking.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn September, N26 announced that it had signed up 100,000 customers in France since launching there at the start of the year.
N26 partnership deals have been signed with TraferWise for remittances, Clark for insurance and Raisin for investment.
Last October, N26 went live with Mambu’s SaaS banking engine.
