N26 Reaches a Major Milestone
Hey Digital Banking Fanatic!
N26 has crossed two important milestones.
The German neobank generated more than €500 million in revenue in 2025 and reported its first full year of net profitability, ending the year with €1.6 million in net income.
For years, the biggest question surrounding digital banks wasn't whether they could attract customers. It was whether they could build a profitable business at scale.
N26's latest results suggest that question is starting to get answered.
Revenue-relevant customers grew to 5.6 million, deposits exceeded €10.5 billion, and the company says the strong momentum has continued into 2026 with another profitable quarter already behind it.
It's another reminder that Europe's leading neobanks are entering a new phase, where the conversation is shifting from growth at all costs to sustainable profitability.
See what else is shaping Digital Banking. 👇 See you on Monday!
Cheers,
NEWS
🇬🇧 ZEN.COM, in partnership with Mastercard, has introduced Click to Pay. The solution works across devices and browsers, providing a consistent checkout experience, even when customers shop as guests without creating an account. Keep reading
🇩🇪 N26 delivers over €500M revenue and €350M gross profit in 2025, hitting its first full year of net profitability. The results mark a critical milestone in the company’s evolution as a highly scalable and leading European digital bank. Read more
🇰🇷 Kakao Bank to buy Mastern Capital in a push beyond online banking. The acquisition is part of Kakao Bank's corporate value enhancement plan and marks its first expansion into nonbank lending. The bank plans to use the digital finance capabilities and technology it has built since its 2017 launch to improve convenience and drive innovation.
🇬🇧 Barclays and Lloyds join banking sector plan for digital ID. Led by UK Finance, the initiative aims to make transactions faster and more secure while helping reduce fraud, with a live pilot planned in the coming months. Continue reading
🇦🇱 Albania's digital-first Jet Bank launches, building its operations in just six months on Backbase’s AI-native Banking OS. The greenfield digital bank entered the market with more than 75,000 customers on its waiting list and plans to expand from deposits and payments into lending and credit cards.
Want your message in front of 100.000+ FinTech fanatics, founders, investors, and operators?
Shoot me a message on LinkedIn or send me an e-mail.
