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Digital Bank N26 Offers New Perk Partners To US Debit Card Users

PYMNTS

N26 was founded in 2013 by Valentin Stalf and Maximilian Tayenthal. million customers in 25 markets in Europe. N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. Since the initial product launch in 2015, N26 has reached more than 3.5 N26 started rolling out in the U.S.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on. 10 $15 37 GoBank 35 2013 LA 189,000 1.4

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N26 Rolls Out US Mobile Banking

PYMNTS

And, according to the announcement, N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. million customers in 24 markets in Europe. Valentin Stalf and Maximilian Tayenthal started N26 in 2013. also looks to debut Metal — a premium tier account — to U.S. customers “shortly thereafter.”

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Chase Tries To Win Over More Unbanked Consumers

PYMNTS

According to the Federal Deposit Insurance Corporation (FDIC), the percentage of unbanked Americans fell to its lowest level since the 2007-2009 financial crisis. The account had no monthly fee, as long as the customer accessed statements online and did not use a bank teller. In 2017, 6.5 percent of 129.3 million U.S. fee each month.

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