N26 - This is a company to watch!
They are an App only Berlin bank which has secured 500,000 EU insurance policyholders in just over one year, partnering with Allianz.
They expect to have millions within a few years
59% of their customers are Millennials and they are now expanding into US.
European fintech startup N26 has plans to expand beyond Europe. The company’s co-founder and CEO Valentin Stalf is announcing today at the Money20/20 conference that N26 is going to launch in the U.S. around mid-2018 and has hired a handful of people who are already working in New York. “We’ve looked at the products in the U.S. and we figured out that most of the banking products in the U.S. are even worse than in Europe,” Stalf told me.