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Finance & Economics

N26 continues its expansion to new markets

N26 has now expanded its services to 22 European markets

N26 continues its expansion to new markets. Source: unsplash.com

Mobile-only bank N26 enters additional European markets, including those outside the monetary union. As of today, the Mobile Bank is available in Denmark, Norway, Poland, and Sweden. Moreover, the launch in Liechtenstein and Iceland is planned for later this year.

Initially, customers will be able to choose between the N26 free standard account and the N26 business account. The bank accounts are denominated in Euro and come with a free debit Mastercard. N26 customers can organize, withdraw and spend money, as well as control their finances entirely from their smartphone.

N26 accounts enable individuals living or working abroad to send money to other bank accounts in the eurozone and to enjoy competitive conditions using their cards while traveling.

The N26 Business account is designed for freelancers and self-employed individuals, offering a bank account that travels wherever their business trips take them. Besides transferring and receiving payments from business partners abroad on their Euro currency bank account, N26 Business customers receive a 0.1% cash back reward on all payments with their Mastercard.

N26 launched in 2015 and has now expanded its services to 22 European markets. In October N26 announced that it had surpassed 1.5 million users, who generate a monthly transaction volume of over € 1 billion.

SEE ALSO:?European mobile-only bank plans to launch business current account

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