8
German mobile bank N26 is thinking of making its first acquisition
source link: https://fintechranking.com/2021/01/28/german-mobile-bank-n26-is-thinking-of-making-its-first-acquisition/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
German mobile bank N26 is thinking of making its first acquisition
German online bank N26 is considering making an acquisition for the first time, after raising a total of $800 million to date.
The $3.5 billion financial technology firm said net losses at its core European business came in at 110 million euros ($133 million) in 2020, down from 165 million euros the previous year.
“We have started to look — and we are still looking — opportunistically at some interesting targets,” Tayenthal, N26′s co-CEO, told CNBC in an interview.
Read more: CNBC
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK