N26 debit card rewards and cashback offerings drive growth
N26, the mobile banking platform redesigning banking for the 21st century, is celebrating its one year anniversary in the U.S. with nearly 500,000 customers. Since announcing its public U.S. launch in partnership with Axos Bank in August 2019, N26 has released a wide range of localized products and services specifically for its U.S. customer base in an effort to provide an experience that is designed to fit modern lifestyles in today’s complex, challenging and digital-first world.
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“Our global mission is to empower people to live and bank their way and, in our first year in the U.S., we have already seen half a million customers sign up to become more financially confident,” said Alexander Weber, Chief Growth Officer of N26. “The flexibility and security that digital banking offers is important now more than ever as the pandemic has changed the way consumers save and transact. Over the past 12 months, we have learned a lot about our U.S. customer base and continue to listen to their feedback to create features and services that meet their needs. We’re excited to introduce additional tailored product features in the coming year and welcome new users to join us in experiencing a beautifully simple banking platform.”
Aiming to disrupt the traditional banking sector, N26 is transforming the banking experience for the 21st century with product features which include the ability for customers to get their paycheck up to 2 days earlier with direct deposit*, cashback on subscriptions, and exciting partner discounts on wellness, education, fashion, entertainment, and more. The N26 mobile banking app is beautiful, secure and rewarding, with a fully digital and customer-centric product that aligns with the way people live today.
N26 U.S. customers come from all over the U.S., with the highest concentration of users being found in New York, followed by Chicago, Houston, Miami and Atlanta. Additionally, the average age of the N26 U.S. customer is 36. With 35% in their 20s, 34% in their 30s, and 19% in their 40s.
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