In 2020, the volume of monthly transaction hit an all time high of over €5.5 billion at the end of the year.
„Today, in a climate where more people are turning to digital banking than before, N26 is proud to have been chosen by 7 million people across 25 markets across Europe and the US,” the company said.
„In 2020, we saw more people turning to digital banking than ever before. Our teams have worked tirelessly to accelerate innovations that help you bank better in the pandemic. We introduced Instant Banking so you can bank digitally with N26 via your mobile wallet, even before your physical card is delivered. And we’ve also launched Round-Ups, a feature that automatically rounds up each purchase to the nearest euro and sets it aside to make saving during the crisis effortless and easy. More recently, we’ve even extended our travel cover with Allianz to cover pandemic-related claims.”
„We’re continuing to improve the N26 banking experience and offer additional value across our subscriptions. Building on the added functionalities of our iconic Spaces sub-accounts, and new digital payment capabilities with IBAN and QR code scanners introduced last year, we’ve even more planned in 2021 to make everyday banking a breeze. From bill splitting to smarter insights and statistics, to IBANs for Spaces and updates to our premium subscriptions N26 You and N26 Metal, there’s a lot in store.”
In addition, „we also plan to build out a seamless connection to the financial ecosystem, allowing you to do much more within the banking experience with a new N26 Marketplace”; featuring products from complementary fintech startups, and upgrades to its suite of PFM and customer support products.
To meet its ambitions, the bank says that it will hire over 200 new staff this year, growing its team to 1700.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: