Digital Nomad-Friendly Mobile Bank N26 Raises $160 Million

Original Source    2018-03-20 20:03

Berlin-based mobile bank N26 has raised a $160 million Series C round led by Tencent (the Chinese behemoth behind WeChat) and Allianz X (the digital investment arm of the insurance giant, Allianz). The $160 million round is one of the largest fintech investments in European history. “We are very pleased to have Allianz X and Tencent leading our Series C,” says Valentin Stalf, CEO and co-founder of N26. “Not only are they powerhouses in their respective fields of financial and internet services, …

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