Germany-headquartered mobile banking startup N26 has raised a whopping $300 million in a series D round of funding led by Insight Venture Partners, with participation from Singaporean sovereign wealth fund GIC and a handful of existing investors.
This raise officially elevates N26 into the much-coveted unicorn club, bestowing upon it a valuation of $2.7 billion.
Founded in 2013 as Number26, the Berlin-based fintech startup in 2016 just as it obtained its own banking license. The underlying pitch
Read More At Article Source | Article Attribution
The post European mobile banking startup N26 raises $300 million for belated U.S. launch appeared first on RocketNews | Top News Stories From Around the Globe.