The first pan-European mobile-only bank powered by Mambu
From small start-up to banking powerhouse, N26 achieved rapid expansion with Mambu’s cloud-native banking platform becoming Germany's highest valued fintech.
- 0
- months to migrate
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- countries in Europe
- 4.0+
- million revenue relevant customers
N26
About the customer
N26 was founded in 2013 in Berlin with the vision of creating a mobile-first banking experience that customers love. By 2015, it launched its first current account in Germany and quickly gained traction with its digital-first approach. In 2016, N26 secured its own banking license, becoming one of Europe’s first fully-licensed mobile banks.
Today, the bank’s seamless, app-based platform allows users to open accounts, manage finances, and access a range of innovative features—all tailored for the digital era.
- Now available in 24 European markets.
- Germany’s highest-valued fintech.
- Expanded product portfolio making it possible to save, spend and invest with N26, all in a few taps.
The challenge
Future-proof technology that scales seamlessly
N26’s initial setup relied on a partner-provided banking backend. While it enabled a quick launch, it limited the neobank's ability to scale, launch new products, and enter new markets. One of N26’s first steps to achieve its future aims was to become a licensed bank in its own right rather than rely on the license of its partner.
Building on this, N26 also made the decision to transition to a cloud-native banking platform. It needed a flexible, scalable, and cost-effective core banking solution.
© Mambu 2026