German neo-banking startup has raised a $300m Series D led by Insight Venture Partners and GIC. The valuation of the company is now $2.7b.
Valentin Stalf: Absolutely. Our goal now for the next couple of years is to transform N26 from being a European company to being a global company. We started in Germany and Austria as you know. We’re now in 24 markets including the U.K., where we’re offering our product in a different currency. And now the next step will be the U.S. in 2019. We would like to bring N26 to four to six new markets outside of the U.S. and Europe in the next couple of years. But this year is really about the U.S., and then by the end of the year one more market or a couple of markets probably. But we see the opportunity to take the business global. And that’s also what everybody who invested in this round signed up for.