The idea for N26 began as an app for parents to connect with prepaid cards for their teenagers. The founders, Valentin Stalf and Maximilian Tayenthal, began working on the idea in early 2013. 

The company was initially named "Number 26". By 2014, the team realized they needed to pivot. Their vision was to build a company that would make banking more accessible for millions of people around the world.

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N26 launched its first banking product in 2015. The company has since scaled rapidly and now serves more than 7 million customers in 25 countries. It has raised close to $1.8 billion from some of the world's most renowned investors. 

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The N26 Mafia

The N26 Mafia deserves the same attention for disrupting the finance and tech market for the world. From banking to healthcare, we have covered the top 25 companies founded by the N26 alumni network. The alumni group has collectively raised $113M as per Crunchbase data.

PS: Are you an N26 employee/alum interested in getting your community together to invest in the community (and earn carry/other benefits along the way)? Or are you a member of another community that you think would make for an amazing startup investment community? 😉
Learn more about us and sign up for the waitlist here.

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Most money raised: Penta

Penta is a digital business bank platform that helps startups and small and medium-sized enterprises (SMEs) save time and money on banking. It offers online bank account opening, debit cards, spending analysis, and transaction processing and management services. 

Penta's mission is to disrupt business banking in Europe and beyond. It has a digital API banking platform that combines business banking and accounting.

The company was founded by Aleksandar Orlic, Igor Kuschnir, Jessica Holzbach, Lav Odorovic, Luka Ivicevic, Matteo Concas, and Sir Gabriel Holbach, and has raised over €62 million in funding.

It was acquired by Qonto, an online bank that provides financial tools for small and medium-sized businesses and freelancers.

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Startup to keep an eye on: Feather

Feather Insurance is a digital insurance company based in Berlin, Germany. It was founded in 2018 by Rob Schumacher and Vincent Audoire. 

Feather offers personalized, lifestyle-focused insurance advice.  It also provides comprehensive, English-language support for sign-up and claim management. 

The digital insurance platform processes make all interactions transparent, from closing to claiming and terminating. The company aims to relieve the burden of researching and purchasing insurance policies. 
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They have raised a total of €3.9M to date.

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A list of all the amazing companies covered:

• ‍Penta
• Nelly
• TAG 
• ATLANT 3D Nanosystems
• finmid
• Wonder
• Sellics
• Vindi
• Quo Finance
• Via Sana
• Beams
• Shopstory
• Rex
• FlapKap
• Feather
• Flinn Comply
• Agroptima
• Finch
• faire.ai
• Spoke.ai
• Meander
• Exakt Health
• Kodex AI
• Wonnda
• Rita Data

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Penta

Founder: Matteo Concas
N26 Role: Global Head of Growth & GM Italy
Capital Raised: $66.78M
Investors: HV Capital
Stage: Series B

Penta is a digital business bank platform designed to help startups and SMEs save time and money on banking.

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Nelly

Founder: Niklas Radner
N26 Role: Marketing & Sales Manager
Capital Raised: $20.35M
Investors: Global Founders Capital
Stage: Series A

Nelly fixes payments and paper waste for medical practices and patients.

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TAG

Founder: Abhishek Gupta, Alexander Lukianchuk
N26 Role: Product, Tech Lead
Capital Raised: $17.5M
Investors: Canaan Partners
Stage: Seed

TAG is Pakistan's first truly global financial app.

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ATLANT 3D Nanosystems

Founder: Philipp B. Hövelmann
N26 Role: Head of Data & Marketing Lead
Capital Raised: $17.2M
Investors: West Hill Capital
Stage: Series A

ATLANT 3D Nanosystems is a deep-tech company enabling on-demand micro and optoelectronics fabrication.

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finmid

Founder: Alexander Talkanitsa, Max Schertel
N26 Role: Business Operations, Director of Business Operations
Capital Raised: $13.5M
Investors: Blossom Capital
Stage: Seed

finmid is providing B2B lending infrastructure for software platforms. Their customers use finmid to offer B2B payments and working capital to grow their revenue and accelerate new business opportunities.

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Wonder

Founder: Pascal Steck
N26 Role: Product Manager
Capital Raised: $12.2M
Investors: BlueYard Capital
Stage: Seed

Wonder is a virtual space where people can meet and talk. It is an immersive video communication for groups to work and socialize together.

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Sellics

Founder: Josef Vataman
N26 Role: CTO & Co-Founder
Capital Raised: $10M
Investors: Frog Capital
Stage: Series A

Sellics is a powerful all-in-one tool that combines everything sellers need to be successful on Amazon.

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Vindi

Founder: Rodrigo Dantas
N26 Role: Board Advisor
Capital Raised: $9.9M
Investors: Google for Startups
Stage: Series B

Vindi is an online payment platform that focuses on subscription and recurring billing.

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Quo Finance

Founder: Neel Yerneni
N26 Role: Data Science
Capital Raised: $9.8M
Investors: SignalFire
Stage: Seed

Quo helps you become a homeowner faster and smarter by helping first time home buyers get mortgage-ready.

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Via Sana

Founder: Louis Fosse
N26 Role: Business Development
Capital Raised: $6.4M
Investors: 360 Capital
Stage: Seed

Via Sana empowers healthcare professionals with a new coworking ecosystem.

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Beams

Founder: Robert Kilian
N26 Role: Member of the Supervisory Board
Capital Raised: $6M
Investors: Redalpine
Stage: Seed

Beams is a data analytics software for highly regulated industries. It is backed by Redalpine, Mangrove Capital Partners & TVC.

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Shopstory

Founder: Roman Schweiger
N26 Role: Business Development Manager
Capital Raised: $5.9M
Investors: Calm/Storm Ventures
Stage: Seed

Shopstory is a SaaS that helps eCommerce companies grow automatically with help of AI and the creation of an immense data hub.

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Rex

Founder: Julian Lechner
N26 Role: Entrepreneur in Residence
Capital Raised: $5.35M
Investors: Ron Zori
Stage: Seed

Rex stands for modern, technology-enabled veterinary practices. The startup was founded by Jonathan Loesing and Julian Lechner in late 2021 and operates its own practices as well as a digital platform of pet products and services.

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FlapKap

Founder: Khaled Nassef
N26 Role: Founding Software Engineer
Capital Raised: $4.8M
Investors: A15
Stage: Seed

FlapKap is MENA's first revenue-based financing solution for e-commerce and SaaS businesses.

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Feather

Founder: Vincent Audoire
N26 Role: iOS Developer
Capital Raised: $4.17M
Investors: Y Combinator
Stage: Seed

Feather specializes in giving personalized insurance advice.

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Flinn Comply

Founder: Markus Mueller, Bastian Krapinger-Ruether, Hasib Samad
N26 Role: Head of Product, Product Management, Head of Mobile
Capital Raised:  $4M
Investors: Speedinvest
Stage: Grant

Flinn Comply enables MedTech companies to automate quality and regulatory processes.

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Agroptima

Founder: Emilia Vila
N26 Role: Business Development
Capital Raised: $3.8M
Investors: Athos Capital
Stage: Series A

Agroptima is a farmer-centric mobile-based farm management software that makes farms more profitable and easy to manage.

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Finch

Founder: Neel Ganu
N26 Role: US Expansion
Capital Raised: $3.6M
Investors: Techstars
Stage: Seed

Finch is a seamless, all-in-one account that provides the benefits of investing with the flexibility of checking.

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faire.ai

Founder: Gianluigi Davassi
N26 Role: Tech Lead - Core Banking System
Capital Raised: $3.2M
Investors: Francesco Beraldi
Stage: Seed

faire.ai is a next-generation credit platform for banks and financial institutions based on open banking data.

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Spoke.ai

Founder: Jack Lancaster
N26 Role: Group Product Owner, Project Lead
Capital Raised: $3M
Investors: byFounders
Stage: Pre-Seed

‍Spoke.ai cuts through workplace noise with powerful, privacy-first AI that prioritizes and summarizes across tools.

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Meander

Founder: Victor Buldakov
N26 Role: Senior Software Engineer
Capital Raised: $2.5M
Investors: Cherry Ventures
Stage: Pre-Seed

Meander is a career platform for tech professionals.

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Exakt Health

Founder: Lucia Payo Molina, Philip Billaudelle
N26 Role: Principal Mobile Engineer, Senior Data Scientist
Capital Raised: $2.1M
Investors: BackBone Ventures
Stage: Seed

Exakt Health is a physio app for sports injuries that creates an individualized rehabilitation plan.

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Kodex AI

Founder: Thomas Kaiser
N26 Role: Entrepreneur in Residence
Capital Raised: $1.8M
Investors: Techstars
Stage: Seed

Kodex AI offers AI risk management software enabling businesses to assess and control their AI risk quickly.

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Wonnda

Founder: Martin Ditzel
N26 Role: Operational Intelligence Intern 
Capital Raised: $1.7M
Investors: Pitchdrive
Stage: Pre-Seed

Wonnda is the product sourcing solution for the new age. Brands and buyers can source, launch and scale their product lines with trusted manufacturers in Europe.

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Rita Data

Founder: John Arts
N26 Role: Operations Analyst
Capital Raised: $1.6M
Investors: Pitchdrive
Stage: Pre-Seed

Rita is reshaping the data economy, through its zero-party data marketplace. This platform creates a direct bridge between brands and consumers.

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