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N26
N26
Digital banking / fintech · Berlin · Germany · Founded · 2013 · ≈ · 1,600 · employees

N26 Valuation: $9B After the Oct 2021 Series E

Private

N26 was last valued at $9B (post-money). It comes from the $900M Series E of Oct 2021. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
N26 valuation · at a glance
Last valuation
$9B
POST-MONEY · OCT 2021
Lead investors
6
across 8 rounds
Raised across rounds
$1.7B
8 rounds
Date of last round
Oct 2021
closed 1 Oct 2021
Valuation history

How the N26 valuation has moved

4 valuations. The latest, $9B post-money, was set by the Series E in Oct 2021.

$9B
Jan 2019
$2.7B
Series D · post-money
Jul 2019
$3.5B
Series D extension · post-money
+30% vs prior valuation
May 2020
$3.5B
Series D extension 2 · post-money
+0% vs prior valuation
Oct 2021
$9BLATEST
Series E · post-money
+157% vs prior valuation
Latest valuation
$9Bpost-money
Set by the Series E · 1 Oct 2021
×3.3since the $2.7B Series D in Jan 2019
Valuations
4
Priced rounds with a valuation
Event type
Primary round
The Series E · $900M raised
Funding rounds

N26 rounds and the valuation each one set

8 rounds
Round
Date
Amount
Valuation
Basis
Series E LATEST
1 Oct 2021
$900M
$9B
POST-MONEY
Series D extension 2
1 May 2020
$100M
$3.5B
POST-MONEY
Series D extension
18 Jul 2019
$170M
$3.5B
POST-MONEY
Series D
1 Jan 2019
$300M
$2.7B
POST-MONEY
Series C
1 Mar 2018
$160M
—
—
Series B
1 Jun 2016
$40M
—
—
Series A
1 Jan 2015
$10M
—
—
Seed
1 Jun 2014
—
—
—
Lead investors
Leads: Allianz X, Coatue Management, GIC, Insight Partners, Tencent Holdings, Third Point Ventures.
Full funding history — N26 profile ›
What the valuation means

What the $9B actually measures

A private valuation is the price agreed in one transaction. The N26 valuation of $9B is a post-money figure from the Series E dated 1 Oct 2021 — the whole company measured after the $900M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $8.1B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2013 with roughly 1,600 people has no daily price and no order book between rounds.

Where the $9B comes from
EventSeries E, dated 1 Oct 2021
Basispost-money
Round size$900M
LeadThird Point Ventures, Coatue Management

Frequently asked questions

Who are N26's competitors?›

The closest digital banking / fintech peers are on the competitors page.

How can I get exposure to N26?›

The routes section explains what is realistically available for a company at this stage.

Is N26 publicly traded?›

No. N26 is a private company; its shares do not trade on a public exchange.

What is N26's valuation?›

The last valuation is $9B.

Who has invested in N26?›

Lead investors for each round are in the funding timeline.

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