"N26 has achieved its first quarterly pre-tax profit, marking a significant milestone for the startup and the fintech industry, amid shifting investor expectations toward profitability."
"The lifting of the signup cap by BaFin earlier this year accelerated N26's growth, leading to over 200,000 new account openings monthly and a 40% revenue increase for 2024."
"To adapt to the evolving market, N26 has revised its approach, focusing on its revenue-relevant customers, which now number 4.8 million, emphasizing long-term profitability over user volume."
"As they strive for sustained profitability, N26 plans to generate €440 million in revenue this year, driven by a mix of free and paid services including savings, trading, and credit products."
Collection
[
|
...
]