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Synopsis
New York-based tech investors Third Point Ventures and Coatue Management led a $900m Series E round in N26, a German neobank headquartered in Berlin, with participation from Dragoneer Investment Group and Tencent. "This recent financing round solidifies the fact that retail banking as we know it has changed. With our fresh capital, we are in prime position to become one of the biggest retail banks in Europe, all without a single branch," Valentin Stalf, N26 CEO.
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