Berlin-based mobile bank N26 is now reaching 1 million customer level across 17 European markets, its founder Valentin Stalf claimed. N26 had entered the market in January 2015. The bank is operating in the entire eurozone. It does not have any physical branches, meaning its customers only have the option of doing their banking online via an app. Among the most popular products N26 offers are the basic current account (also referred to as a chequing account in North America or a Girokonto in Germany) and the premium Black account. It offers its customers free cash withdrawals from most ATMs across Germany. No fees are charged when customers withdraw foreign currency abroad with their Black or Metal Mastercard. And all N26 products include foreign currency transfers.
