News

November 29, 2023

N26 reports growth in revenue and accelerated losses after ongoing battle with regulators

The digital bank is forecasting a 30% increase in revenue in 2023, and wants to reach profitability for the first time next year


N26 cofounder and CEO Valentin Stalf

German neobank N26 is forecasting a 30% increase in revenue in 2023 — alongside a sharp uptick in net losses due to spending on regulatory compliance. 

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