Number26 Procures German Bank License, Opening Up Disruptive Product Suite

[kreslik.news]

Number26, a German fintech group and Berlin-based banking group, has made inroads today after procuring a full German banking license, which followed on the heels of an earlier approval bid by the European Central Bank (ECB). Armed with such accolades, the group appears to be building on its already strong momentum as it looks to disrupt the banking industry in Europe.

Number26 is an online bank that presently operates strictly in Europe, currently across eight countries. The Berlin-based start-up was originally launched in early 2015 and has fashioned itself as an online-bank, which has eyed its own financing product suite, such ... (read more)