German fintech N26 raises $300mn, plans US launch

N26 announced it’s closed a Series D funding round at $300 million, which values the German fintech at $2.7 billion. New investors joining the round were New York-based Insight Venture Partners and Singapore’s sovereign wealth fund GIC. Previous investors include Horizons Ventures and Tencent.

Starting with its upcoming US launch, N26 plans expansion to new markets beyond Europe in 2019 without providing further details. The six-year old firm currently has 3 office locations in Berlin, Barcelona and New York.

Read the full release

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