German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew from the 3.5 million users it reported in the summer of 2019. “We added more customers in 2019 than we...
FlixMobility, a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. The company, with an app similar to Uber’s, partners with private sector mass transit companies. “In just seven years, we have managed to become the largest bus provider in...
Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which could lead to a loss of transactions with some of its biggest clients. “Deutsche has to pay significantly higher risk premiums than almost...
A British hacker-for-hire known as “Spiderman” was given a suspended sentence by a German court Friday, but could still face criminal charges in Britain. According to Reuters, the sentence came after the 29-year-old hacker — identified as Daniel K. — confessed to a cyberattack that...
May 05, 2020
German challenger bank N26 closed a funding deal for an additional $100 million as it prepares for financial uncertainty due to the global coronavirus pandemic. The Series D extension was funded by previous investors Tencent and Peter Thiel’s Valar Ventures. The Series D was announced at the beginning of 2019, according to a CNBC report […]
January 24, 2020
German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew from the 3.5 million users...
January 10, 2020
FlixMobility, a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. The company, with an app similar to Uber’s, partners with private sector mass transit...
February 11, 2019
Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which could lead to a loss of transactions with...
