Announced
Completed
Financials
Sources
Tags
Single Bidder
Private
Banks
financial sercives
banking
Germany
Completed
Private Equity
Minority
Acquisition
Friendly
Venture Capital
Synopsis
N26, a German neobank, raised $100m in an extension of Series D funding round, bringing the total for the funding round to $570m. The investment was backed by N26’s existing investors, Tencent and Valar Ventures, a private equity firm. The company intends to use the funds to accelerate product development and strengthen its presence in its core markets.
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