N26 recently raised $900 million in fresh funding to help it branch out beyond retail banking into new areas like crypto and stock trading. “By the end of the year, N26 will be structurally IPO-ready,” said co-CEO Maximilian Tayenthal.
“It gives us a lot of time over the next three to four years to line up for an IPO,” co-founder and CEO Valentin Stalf told me earlier today. N26 also plans to hire 1,000 people “as soon as possible”. Third Point Ventures and Coatue Management are leading this Series E round.
