Peter Thiel-backed digital bank N26 is now Europe's most valuable fintech - Creak News

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Peter Thiel-backed digital bank N26 is now Europe's most valuable fintech

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Valentin Stalf N26N26

  • N26, a German fintech startup backed by venture capitalist Peter Thiel, raised $300 million in a series D funding round.
  • The latest financing values the company at $2.7 billion. 
  • The financing comes just 10 months after N26's last funding round and will be used to facilitate the company's expansion into the US market.

N26, a German digital banking company backed by venture capitalist Peter Thiel, is now the most valuable fintech in Europe. 

The company on Thursday said it had raised $300 million in a series D funding round that values it $2.7 billion. That's more than red hot $1.7 billion UK-based fintech Revolut.

See the rest of the story at Business Insider

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from Business Insider https://read.bi/2FmDqP7

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