N26 mobile banking platform is celebrating surpassing seven million customers across Europe and the U.S. The company grew its overall customer base by an additional two million since January 2020.
The company attributes its rapid growth to focusing on delivering new features, improved service and more choices during the pandemic to serve its evolving customers’ needs. The company launched contactless payments, giving customers tap-to-pay options with either a smartphone wallet or N26 debit card. In addition, N26 introduced a ‘rules for spaces’ feature, which allows users to automatically set recurring payments from their main space to any given space, making saving during the crisis effortless.
N26 is preparing to offer new services this year, beginning with recruiting 200 new hires and expanding its U.S. team by about 75%. In addition, N26 will continue to strengthen its executive leadership team with C-Level hires.
“As we celebrate our sixth company anniversary, it’s inspiring to see that millions of people, including over 500,000 U.S. customers, trust in N26 to put their financial interests first. We have built a banking experience for the times we live in, not for a specific generation, especially in the confining and uncertain times we live in today,” Alex Weber, Chief Growth Officer, N26 said in the release.