N26: App-Only FinTech From Berlin

N26: App-Only FinTech From Berlin

Traditional banks are rapidly changing to keep pace with the growing trend of online and mobile banking. In 2016, 9,100 bank branches were closed and 50,000 staff were cut in the European Union as customers switched to mobile banking. Mobile-only banks like N26 are taking the lead in providing safe and simple app-based financial services, delivering excellent customer experiences with personalized and customizable products that allow customers to limit and disable payments and withdrawals. N26 aims to cover all financial needs of customers, with in-app solutions like N26 Insurance and N26 Invest. This disruption of traditional banking may be the future of banking for the tech-savvy millennial generation.

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