N26 receives $300 million in funding at $2.7 billion valuation, plans US expansion

German fintech N26 has raised $300 million in a new funding round. Valued at $2.7 billion, N26 has been backed by Insight Venture Partners, as well as Singapore’s sovereign wealth fund GIC and several existing investors.

N26 is building a mobile bank and has global aspirations. Just last year, the company tripled its customer base. Having expanded to the U.K., Denmark, Norway, Poland and Sweden, it’s currently operating in 24 European countries.

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