MEDIUMVulnerability
Global
N26 hits full-year profitability under new leadership team
·Source: Finextra
Updated:
Executive Summary
German digital bank N26 has surpassed €500 million in revenue and secured its first full year of net profitability after a leadership shake up that saw the demotions of co-founders Maximilian Tayenthal and Valentin Stalf and the appointment of UBS executive board member Mike Dargan as CEO.
Analysis
German digital bank N26 has surpassed €500 million in revenue and secured its first full year of net profitability after a leadership shake up that saw the demotions of co-founders Maximilian Tayenthal and Valentin Stalf and the appointment of UBS executive board member Mike Dargan as CEO.