Digital challenger N26, the mobile bank from Berlin and founded in 2013, has been growing rapidly, entering into additional European markets. As of this week, the mobile bank is also available in Denmark, Norway, Poland, and Sweden.
N26, as with others in its genre present some compelling reasons, offering free ATM withdrawals, money transfers with no fees, and the lowest currency exchange fees out there. Its app also uses AI to help you track and manage your spending habits.
The new markets come amidst greater ambitions to launch in Liechtenstein and Iceland, planned for later this year. Initially, customers will be able to choose between the free standard account and the business account. With the expansion to European markets outside the monetary union, N26 is bringing its customers the best user experience and flexibility while travelling abroad and doing business with the eurozone.
N26 has now expanded its services to 22 European markets. In October it announced that it had surpassed 1.5 million users, generating a monthly transaction volume of over €1 billion.
“Many customers in Europe live an increasingly international lifestyle, travelling and doing business abroad. Since our initial launch we received a lot of requests from enthusiasts outside the eurozone to offer our product in their countries,” says Alexander Weber, Head of International Markets at N26.
“We listened to this feedback and are excited to provide our banking product to customers in Denmark, Norway, Poland, and Sweden today.”