News

February 11, 2020

N26 pulls out of the UK, citing Brexit. But numbers suggest the German bank was struggling

The German digital bank has pulled the plug just a year into its play in the UK. Has Brexit claimed a major fintech victim, or is this a case of international expansion gone wrong?


Isabel Woodford

3 min read

N26

Berlin-based digital bank N26 is pulling out of the UK, blaming the country's decision to leave the European Union last month.

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Ratings for the digital banks for iOS and Google Play. Source: App Annie.
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