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N26 provides real-time digital banking services for individuals and businesses, with accounts, payment solutions, and mobile access. It operates primarily in Europe and the United States, offering standard and premium consumer accounts as well as business accounts, plus payment options like Mastercard, Apple Pay, and Google Pay. The platform supports instant payments, automatic transaction notifications, and savings management via Spaces, a feature for setting and tracking savings goals. Revenue comes from subscription fees for premium accounts, card interchange fees, and partnerships with other financial providers. The goal is to offer a flexible, mobile-first banking experience that helps tech-savvy users and small businesses manage money on the go.
Industries
Consumer Software
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$1.7B
Headquarters
Berlin, Germany
Founded
2013
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Total Funding
$1.7B
Above
Industry Average
Funded Over
9 Rounds
Industry standards
Home Office Stipend
Wellness Program
Paid Vacation
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N26 rolls out Wero for instant transfers across Germany and France. Wero runs on SEPA Instant and can move funds to a recipient's bank account in under 10 seconds. Get the hottest Fintech Switzerland News once a month in your Inbox N26 has launched Wero for customers in Germany and France, enabling instant transfers using a phone number or email address. The digital payment service is integrated into the N26 app and allows eligible customers to send and receive money without entering or sharing an IBAN. Developed by the European Payments Initiative (EPI), Wero runs on SEPA Instant and can transfer funds to a recipient's bank account in under 10 seconds. N26 already offers IBAN-free transfers within its own customer base. Wero extends that capability to payments involving people who do not have an N26 account. The company plans to roll out Wero to more markets in the future. Daniel Lappas, Chief Product and Business Officer at N26, said, "Instant payments without an IBAN have been a core N26 feature since our inception. With Wero, we're extending this seamless experience to the broader European banking ecosystem, bringing the simplicity N26 customers already know to even more people."
Revolut eyes $115B valuation in secondary share sale. Key takeaways. * Revolut's planned secondary sale values the company at $115 billion, up 53% from its $75 billion mark in November 2025 * The fintech reported $6 billion in 2025 revenue and $2.3 billion in pre-tax profit, with 68.3 million customers * CEO Nik Storonsky has ruled out an IPO before 2028, preferring secondary sales for early investor liquidity UK digital bank Revolut is preparing a secondary share sale that would value the company at $115 billion, a 53% jump from its $75 billion valuation in November 2025. The transaction would let early investors, employees, and long-term shareholders sell existing shares to new buyers rather than issuing fresh equity. Discussions with potential participants are underway, and a structured process could launch as early as July 2026. Terms remain fluid. Advertisements How does $115B stack up against traditional banks? At $115 billion, Revolut would surpass several established European banks by market capitalization. Barclays and Deutsche Bank both fall below that figure. The valuation would place Revolut closer to BNP Paribas, positioning a 9-year-old fintech alongside century-old institutions. For a company that started as a prepaid card and currency exchange app in 2015, that's a striking shift. Revolut has evolved into a full-service financial platform offering payments, foreign exchange, wealth management, and now, lending. What's behind the valuation bump? Two factors explain the 53% increase: regulatory wins and financial performance. In March 2026, Revolut secured a full UK banking license after years of waiting. That approval lets it expand into lending products, a higher-margin business than payments. The company has also applied for a national bank charter in the United States, which would open access to the world's largest consumer finance market. The numbers back the valuation. For 2025, Revolut reported $6 billion in revenue, up 46% year-over-year. Pre-tax profit hit a record $2.3 billion, yielding a 38% margin. Customer numbers climbed to 68.3 million, with total balances surging 66% to over $67 billion. Revenue comes from multiple lines: card payments, subscriptions, FX, and wealth management. Eleven distinct product lines each generated more than $135 million in annual revenue. Why a secondary sale instead of an IPO? Secondary sales have become Revolut's preferred liquidity mechanism. They let early backers cash out without the company issuing new shares or facing public market scrutiny. CEO Nik Storonsky has ruled out an IPO before 2028. The strategy: use secondary sales to satisfy investor liquidity needs while building toward an even higher public market debut. Storonsky's stake would be worth roughly $36 billion at the $115 billion valuation. The approach offers flexibility. There's no roadshow, no quarterly earnings pressure, and no immediate exposure to public market volatility. For a company still expanding internationally and building out its US presence, that breathing room matters. Advertisements What does this mean for the competitive landscape? A $115 billion Revolut intensifies pressure on both traditional banks and other neobanks. Chime in the US, N26 in Europe, and Nubank in Latin America all compete for similar customer segments. But none has matched Revolut's combination of scale, profitability, and product breadth. Traditional banks face a different problem. Revolut can iterate faster, operates with lower cost structures, and targets the same affluent, mobile-first customers that high-street banks struggle to retain. A successful US charter application would bring that competition directly to JPMorgan, Bank of America, and Wells Fargo's home turf. How large could the transaction be? Details on the transaction size haven't been disclosed. Based on prior secondary sales and market interest, it could range from hundreds of millions to over a billion dollars in shares changing hands. Success would cement Revolut's status as Europe's standout "centicorn," a private company exceeding $100 billion in value. Only a handful of global tech firms have reached that threshold without going public. Logicity's take. Revolut's valuation jump reflects genuine business momentum, not just market froth. A 38% pre-tax margin at $6 billion in revenue is exceptional for a digital bank. For fintech teams watching this space, the lesson is clear: regulatory moats matter. Revolut's UK license and pending US charter create barriers that pure-play payments apps can't replicate. Compare that to Chime, which still operates through partner banks, or N26, which retreated from the US market. If you're building fintech infrastructure, focus on the licensing path early. It's becoming the differentiator between scale players and feature apps. | Metric | November 2025 | July 2026 (Planned) | | Valuation | $75 billion | $115 billion | | Revenue (2025) | $6 billion | $6 billion | | Pre-tax profit (2025) | $2.3 billion | $2.3 billion | | Customers | 68.3 million | 68.3 million | | UK Banking License | Pending | Secured (March 2026) | | US Bank Charter | Not applied | Application submitted | Frequently asked questions. What is Revolut's current valuation in 2026? Revolut is targeting a $115 billion valuation in its planned secondary share sale, up from $75 billion in November 2025. When will Revolut go public with an IPO? CEO Nik Storonsky has ruled out an IPO before 2028, preferring secondary sales for liquidity in the meantime. How much revenue did Revolut make in 2025? Revolut reported approximately $6 billion in revenue for 2025, up 46% year-over-year, with pre-tax profit of $2.3 billion. Does Revolut have a UK banking license? Yes, Revolut obtained a full UK banking license in March 2026 after years of waiting, allowing it to expand into lending products. What is a centicorn company? A centicorn is a private company valued at $100 billion or more. At $115 billion, Revolut would be Europe's most prominent example. Need help implementing this? Building a fintech product or evaluating digital banking infrastructure? Logicity covers the funding, regulatory, and product trends that matter to finance teams. Subscribe for daily updates on the companies reshaping financial services. Advertisements Huma Shazia Senior AI & Tech Writer Produced with AI assistance and reviewed by the Logicity editorial team. Learn more in its Editorial Policy.
N26 evolves leadership bench with appointments of new Chief Growth and Marketing Officer and Chief Technology Officer. * Digital banking * 14.07.2026 03:14 pm N26 today announced two senior executive appointments, which will further reinforce the company's position as a leading European digital bank, dedicated to delivering a seamless and trusted primary banking experience to customers across its 24 markets. On 1 October 2026, N26 will welcome Nathalie Picquot on board as its new Chief Growth and Marketing Officer (CGMO). With over two decades of leadership experience across traditional finance and Big Tech, she joins N26 after leading Corporate Marketing, Brand Experience and Digital Engagement for Banco Santander globally for the past 5 years. Prior to this, she spent over 15 years between Google and Twitter in senior management roles, partnering with brands to scale their growth initiatives. Her track record in accelerating digital transformation at the intersection of marketing, growth and expansion will be pivotal as she continues to scale N26's brand presence and deepen customer engagement across Europe. She will take over the role from Timo Meyer, who will step away from his role at N26 at the end of 2026 after 11 years with the company. In this time, he held multiple leadership roles, including heading its US operations and its people function as Chief People Officer before taking on the role of Chief Growth and Marketing Officer. On 1 September 2026, Marcin Pakulnicki will join N26 as Chief Technology Officer (CTO), assuming responsibility for the digital bank's Technology teams and ensuring the scalability and resilience of the technology stack as the company accelerates towards its goals. He joins from ING Group, where he was responsible for building and scaling the bank's global mobile and digital technology platform, and led the development of ING's Conversational Banking & Agentic AI initiatives. Marcin brings an extensive track record of scaling mobile technology platforms & innovations within highly regulated financial services environments across multiple markets. He will succeed current N26 Chief Technology Officer Gino Cordt, who will also move on from his role at N26 at the end of 2026. Gino joined N26 in 2015, and took on the role of CTO in 2019, where he assumed responsibility for the bank's core infrastructure, platform engineering, data analytics and security. Mike Dargan, Chief Executive Officer of N26, said: "I am thrilled to welcome Nathalie and Marcin, whose deep expertise will be instrumental as N26 enters a new chapter of operational maturity and European scale. This milestone also marks a moment of transformation for N26, and I want to express my profound gratitude to Gino and Timo for their roles in shaping this company into a true industry pioneer over the last decade. With this strengthened leadership team, N26 is uniquely positioned to deliver a resilient, trusted primary banking experience across all our markets."
Marcus W. Mosen steps down from N26 Management Board following leadership transition. Berlin, 15 July 2026 - N26 extends its sincere thanks to Marcus W. Mosen, Managing Director of N26 SE, who is stepping down from his operational responsibilities at N26 effective today as part of a planned transition. Marcus has been closely connected with N26 since its early beginnings, having joined as shareholder in 2013. Following the establishment of N26's Supervisory Board in late 2022, he served as its Chair until summer 2025, overseeing the build-out and continued development of the supervisory body and helping to strengthen the company's governance framework. In September 2025, Marcus temporarily moved into an executive role as Co-CEO to support N26 during an important period of transformation, contributing to the company's continued institutional development and to support its path towards sustainable and profitable growth. Marcus W. Mosen, Management Director of N26 SE, said: "Having been closely connected to N26 since its early days, I'm proud of how far the company has come and grateful to have contributed to its evolution in different capacities over the years. I would like to thank above all the N26 team for their support and commitment throughout an intense period. I am also grateful to the Management Board and the Supervisory Board for their trust, dedication and collaboration. I wish them every success as N26 continues on its way and am looking forward to remaining connected to the digital banking pioneer, both as a shareholder and supporter." Mike Dargan, CEO the N26, commented: "We are grateful to Marcus for his contributions over the years, most recently as Managing Director during this planned transition phase. His deep experience on our Supervisory Board meant he could hit the ground running operationally to facilitate a smooth and stable transition, leaving the business well-positioned for its next chapter." Dr. Andreas Dombret, Chairman of the N26 Supervisory Board, added: "The Supervisory Board shares the appreciation for Marcus Mosen and thanks him for his stewardship as interim Co-CEO. In this role as well as former N26 chairman of the Supervisory Board he provided both continuity and leadership, and we wish him the best for his future. Looking forward, the Supervisory Board has high confidence in CEO Mike Dargan's vision for the next phase of N26, and we are excited as we secure our position as a mature, trusted leader in European digital banking." About N26 N26 is a leading European digital bank operating with a German banking license. Built on a foundation of technology, transparency and trust, the company provides simple, secure, and digital-native banking to millions of customers across 24 markets. Headquartered in Berlin with a strategic presence in major European hubs including Barcelona, Madrid, Milan, Paris and Vienna, the company is powered by a diverse 1,600-strong team representing over 90 nationalities. The company is committed to empowering its customers with financial confidence and control, delivering a best-in-class banking experience designed for the modern era. Website: n26.com | N26 Press Contact: [email protected]
N26 evolves leadership bench with appointments of new Chief Growth and Marketing Officer and Chief Technology Officer. * Nathalie Picquot will come on board as Chief Growth and Marketing Officer from 1 October 2026 * Marcin Pakulnicki will join as Chief Technology Officer from 1 September 2026 * Chief Growth and Marketing Officer Timo Meyer and Chief Technology Officer Gino Cordt will both move on from their roles at N26 at the end of 2026 Berlin, 14 July 2026 - N26 today announced two senior executive appointments, which will further reinforce the company's position as a leading European digital bank, dedicated to delivering a seamless and trusted primary banking experience to customers across its 24 markets. On 1 October 2026, N26 will welcome Nathalie Picquot on board as its new Chief Growth and Marketing Officer (CGMO). With over two decades of leadership experience across traditional finance and Big Tech, she joins N26 after leading Corporate Marketing, Brand Experience and Digital Engagement for Banco Santander globally for the past 5 years. Prior to this, she spent over 15 years between Google and Twitter in senior management roles, partnering with brands to scale their growth initiatives. Her track record in accelerating digital transformation at the intersection of marketing, growth and expansion will be pivotal as she continues to scale N26's brand presence and deepen customer engagement across Europe. She will take over the role from Timo Meyer, who will step away from his role at N26 at the end of 2026 after 11 years with the company. In this time, he held multiple leadership roles, including heading its US operations and its people function as Chief People Officer before taking on the role of Chief Growth and Marketing Officer. On 1 September 2026, Marcin Pakulnicki will join N26 as Chief Technology Officer (CTO), assuming responsibility for the digital bank's Technology teams and ensuring the scalability and resilience of the technology stack as the company accelerates towards its goals. He joins from ING Group, where he was responsible for building and scaling the bank's global mobile and digital technology platform, and led the development of ING's Conversational Banking & Agentic AI initiatives. Marcin brings an extensive track record of scaling mobile technology platforms & innovations within highly regulated financial services environments across multiple markets. He will succeed current N26 Chief Technology Officer Gino Cordt, who will also move on from his role at N26 at the end of 2026. Gino joined N26 in 2015, and took on the role of CTO in 2019, where he assumed responsibility for the bank's core infrastructure, platform engineering, data analytics and security. Mike Dargan, Chief Executive Officer of N26, said: "I am thrilled to welcome Nathalie and Marcin, whose deep expertise will be instrumental as N26 enters a new chapter of operational maturity and European scale. This milestone also marks a moment of transformation for N26, and I want to express my profound gratitude to Gino and Timo for their roles in shaping this company into a true industry pioneer over the last decade. With this strengthened leadership team, N26 is uniquely positioned to deliver a resilient, trusted primary banking experience across all our markets." About N26 N26 is a leading European digital bank operating with a German banking license. Built on a foundation of technology, transparency and trust, the company provides simple, secure, and digital-native banking to millions of customers across 24 markets. Headquartered in Berlin with a strategic presence in major European hubs including Barcelona, Madrid, Milan, Paris and Vienna, the company is powered by a diverse 1,600-strong team representing over 90 nationalities. The company is committed to empowering its customers with financial confidence and control, delivering a best-in-class banking experience designed for the modern era. Website: n26.com | N26 Press Contact: [email protected]
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Industries
Consumer Software
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$1.7B
Headquarters
Berlin, Germany
Founded
2013
Find jobs on Simplify and start your career today