• An app-only bank backed by Peter Thiel is launching in the UK - and it's targeting the US next

    2 monthes ago - By Business Insider

    German app-only bank N26 is launching in the UK on Thursday.
    The startup, which is backed by Peter Thiel's Valar Ventures, already operates in 17 countries across Europe and has 1.5 million customers.
    N26 plans to launch in the US early next year and wants to "build the world's first global bank with maybe 100 million customers."
    LONDON - German app-only bank N26 on Thursday announced plans to launch in the UK as it continues its rapid expansion across Europe.
    N26, which first launched in Germany in 2015, said it plans to run a "beta" testing phase before rolling out to its 50,000-strong...
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