N26 Raises $300mn at $2.7bn Valuation

European based digital bank N26 has raised a new series D round of $300mn at a valuation of $2.7bn; Insight Venture Partners led the round along with Singapore’s sovereign wealth fund GIC and existing investors; the new round comes on the heels of a $160mn round  in early 2018; TechCrunch interviewed CEO Valentin Stalf about the round and he explained how the company has evolved; 30 percent of N26 customers pay for a premium account, their U.S. launch is planned for the first half of 2019 and they have plans to enter up to six new markets in the next few years. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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