logo
1GLOBAL Enables N26 to Become Germany's first Digital Bank to offer eSIM Mobile Plans

1GLOBAL Enables N26 to Become Germany's first Digital Bank to offer eSIM Mobile Plans

National Post13-05-2025
Article content
AMSTERDAM — In a move set to reshape the intersection of fintech and telecom, 1GLOBAL, a technology-driven global mobile communications provider, has teamed up with N26 to enable it to become the first digital bank in Germany to offer local mobile plans. This partnership will grant N26's German customers seamless access to flexible, affordable, and contract-free mobile connectivity—all activated directly through the N26 app.
Article content
Article content
By integrating 1GLOBAL's cutting-edge API, N26 has unlocked a frictionless mobile experience that eliminates the need for physical SIM cards
Article content
By integrating 1GLOBAL's cutting-edge API, N26 has unlocked a frictionless mobile experience that eliminates the need for physical SIM cards, lengthy contracts, or cumbersome paperwork. Customers can activate their mobile plans in a few taps, enjoying instant connectivity that mirrors the bank's digital-first ethos.
Article content
At the heart of this partnership is 1GLOBAL's proprietary technology—a robust suite of APIs that empowers verified businesses like neobanks to embed telecom capabilities directly into their platforms. Unlike traditional telecom providers, 1GLOBAL has built its own technical network from the ground up, enabling the issuance of eSIMs and International Mobile Subscriber Identities (IMSIs) at scale and at low cost.
Article content
Through its global infrastructure, supported by nine Mobile Virtual Network Operators (MVNOs), five international roaming partners, and over 150 interconnects, 1GLOBAL delivers unparalleled worldwide connectivity. This positions N26 to offer its customers a unique value proposition: a fully integrated, tech-enabled mobile experience that complements its core banking services.
Article content
' We are thrilled to bring our tech-driven telecom capabilities to N26's forward-thinking customer base,' said Hakan Koç, Founder and CEO of 1GLOBAL. ' As industries like fintech, travel, and insurance increasingly seek to integrate seamless connectivity solutions, 1GLOBAL's eSIM technology provides a powerful value-add. It not only enhances customer experience but also opens up new revenue streams and deepens brand loyalty.'
Article content
N26 customers in Germany can now choose from three competitively priced data plans, all of which include free roaming across the EU and EEA. With real-time data consumption monitoring, users can manage their connectivity needs directly within the N26 app.
Article content
Valentin Stalf, Founder and CEO of N26, added: ' N26 SIM empowers our customers with flexible and affordable mobile plans that integrate seamlessly into their daily lives. Our partnership with 1GLOBAL has helped us give our customers access to top networks in just a few taps.'
Article content
1GLOBAL is a technology-driven global mobile communications provider dedicated to empowering enterprises worldwide to unlock the full growth potential of mobile connectivity. With a best-in-class telecom technology platform, a comprehensive suite of globally viable regulatory licenses, and privileged access to the telecom wholesale market, 1GLOBAL is uniquely positioned to deliver seamless compliance and connectivity solutions. Serving the world's leading banks, corporations, and digital-first businesses—including neo-banks, travel companies, and payment service providers—1GLOBAL connects over 43 million devices globally.
Article content
With 2024 full-year revenue exceeding US$100 million, 1GLOBAL is a profitable business generating significant cash flows to fund its ongoing investments in infrastructure, transformation, and growth. 2024 saw major client wins and marked 1GLOBAL's evolution from a multi-market telecommunication provider to a global technology-driven mobile connectivity powerhouse.
Article content
Established in 2022 by experienced tech founders and entrepreneurs Hakan Koç and Pyrros Koussios, 1GLOBAL is a European technology leader driving digital transformation in the global telecommunications market. It operates as a fully regulated Mobile Virtual Network Operator ('MVNO') in nine countries and as a regulated telecommunications operator in an additional 31 countries. Headquartered in the Netherlands, with world-class R&D hubs in Lisbon, Berlin, and São Paulo, 1GLOBAL employs over 450 experts across 13 countries.
Article content
Article content
Article content
Article content
Article content
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rock Tech Receives Further Research Funding From German Government
Rock Tech Receives Further Research Funding From German Government

Globe and Mail

time31 minutes ago

  • Globe and Mail

Rock Tech Receives Further Research Funding From German Government

TORONTO, Aug. 12, 2025 /CNW/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce that it has been awarded funding from the Bundesministerium für Forschung, Technologie und Raumfahrt (Federal Ministry for Research, Technology and Space) for the project "ELiSePro – Efficient Lithium Recovery Using Selective Processes". The aim of this initiative is to further increase lithium yield in our converter process at the Guben site, making a significant contribution to Germany's raw material independence.

Can Ferrari Maintain Pole Position After Its Q2 Performance?
Can Ferrari Maintain Pole Position After Its Q2 Performance?

Globe and Mail

timean hour ago

  • Globe and Mail

Can Ferrari Maintain Pole Position After Its Q2 Performance?

Ferrari N.V. RACE has been firing on all cylinders, with second-quarter 2025 results underscoring why the prancing horse continues to outpace the broader auto sector. The luxury automaker's revenues surged 12% year over year to €1.66 billion, powered by not just higher deliveries but also strong pricing discipline. Its ability to raise prices without denting demand is a luxury few automakers — including giants like General Motors GM and Ford F — can claim. With the order book already filled well into 2026, Ferrari's growth story has unusual visibility in a volatile industry. What makes this even more compelling is the mix shift toward hybrids and high-margin special series cars. In Q2, hybrids represented 58% of shipments, sharply up from 43% a year earlier, aligning the company with tightening global emission rules while protecting profitability. The oversubscribed nature of its special series lineup further bolsters margins. These trends, combined with Ferrari's deliberate scarcity model, make its financial engine hum at a pace few rivals can match — a sharp contrast to the volume-driven struggles facing GM and Ford. Investors are also paying attention to Ferrari's consistent earnings beat. Over the past four quarters, it has topped consensus estimates every time, delivering an average surprise of 9.2%. Image Source: Zacks Investment Research In its latest report, EPS came in at $2.70, ahead of the $2.57 consensus. Forward estimates are moving higher, with 2025 EPS forecasts jumping from $9.60 to $10.41 in just 60 days. The same upward momentum is seen for 2026, with projections climbing from $10.81 to $11.74. Let's take this performance lap by lap. Ferrari's Pricing Power Ferrari's ability to combine volume growth with price increases is the cornerstone of its financial performance. Unlike GM and Ford, which are contending with softer sales projections for 2025 and beyond, Ferrari is proving that exclusivity and brand loyalty are defensive assets. In 2024, around 81% of new cars were sold to existing customers, with nearly half owning multiple Ferraris. This loyalty allows management to adjust pricing without sacrificing demand. A Profitable Hybrid Shift The company's hybrid penetration, apart from being part of regulatory compliance, is also a profitability driver. Hybrids command premium pricing and fit seamlessly into Ferrari's brand narrative of performance meets innovation. The blend of hybrid and special series offerings is lifting EBITDA margins, which hit an impressive 38.3% in Q2 — one of the highest in the luxury automotive sector. Ferrari's free cash flow of €220 million in the quarter, coupled with net industrial cash of €1.3 billion, ensures that it can keep investing in new models while rewarding shareholders. Ferrari's Personalization as a Revenue Multiplier Ferrari's personalization program remains a high-margin growth lever, accounting for roughly 20% of total revenues. Customers routinely spend 20-25% above the base car price for bespoke features, from unique paint schemes to 'One-Off' builds. This not only boosts average revenue per unit but also strengthens brand stickiness. Management expects personalization to remain a key driver through 2026, supporting EBITDA margins. GM and Ford have customization options, but the scale and profitability of Ferrari's program are in a different league. Scarcity That Sustains Margins The company's deliberate low-volume production strategy — under 15,000 units annually — keeps exclusivity intact and pricing power high. The two-year order backlog gives Ferrari revenue certainty, which is rare in the auto industry, insulating it from cyclical swings. Geographic allocation of production ensures scarcity across regions, preventing oversupply and discounting. This discipline supports industry-leading margins. Diversified Income Beyond Car Sales Ferrari's brand is more than just its cars. Around 12% of quarterly revenues — or roughly €200 million — now comes from brand-related activities such as licensing, sponsorships, merchandise, museums, and theme parks — a notable increase from some 10% a year ago. This diversification gives Ferrari another competitive edge over peers like GM and Ford, whose brand monetization is far less developed. Valuation and Market Position At a forward P/E above 40X, Ferrari's valuation is undeniably steep compared to mainstream automakers. But investors are willing to pay a premium for predictable earnings growth, superior margins, and unmatched brand equity. With the stock up 5% so far this year, outperforming a nearly 9% drop in the broader auto sector, Ferrari is proving that it can command a luxury multiple. As EPS grows, that multiple could compress naturally, creating compounding potential without a valuation reset. End Note Ferrari's second-quarter performance highlights why the stock continues to earn a premium valuation. Strong revenue growth, consistent earnings beats, rising analyst estimates, and a backlog stretching into 2026 paint a picture of rare visibility and resilience. The hybrid shift, high-margin personalization, and diversified brand revenues add structural support to margins, while the scarcity model sustains pricing power. The Zacks Rank #2 (Buy) reflects this combination of positive earnings momentum and upward revisions. While the valuation demands continued flawless execution, Ferrari's track record suggests it can deliver. For investors seeking a high-growth, high-margin name with an enduring competitive moat, RACE remains investment-worthy. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. See our %%CTA_TEXT%% report – free today! 7 Best Stocks for the Next 30 Days Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report Ferrari N.V. (RACE): Free Stock Analysis Report

Allegion Acquires Brisant, Leading UK Provider of Residential Security Hardware
Allegion Acquires Brisant, Leading UK Provider of Residential Security Hardware

Globe and Mail

time2 hours ago

  • Globe and Mail

Allegion Acquires Brisant, Leading UK Provider of Residential Security Hardware

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has acquired Brisant Secure Limited (Brisant), a leading security hardware provider in the UK. Founded in 2011 and based in Dewsbury, UK, Brisant sells a range of innovative residential security solutions, including mechanical and electronic locks as well as door accessories. Its Ultion brand is renowned for premium high-security lock cylinders and key systems. Brisant will report into the Allegion International segment, further strengthening Allegion's presence in the region while complementing Allegion UK's non-residential portfolio and its recent acquisition of UAP Limited. 'We are thrilled to welcome the Brisant team to Allegion, further strengthening our European portfolio with yet another leader and innovator in our industry,' said Tim Eckersley, Allegion senior vice president and president of Allegion International. 'Brisant's premium, patented solutions are a natural complement to Allegion UK's best-in-class product and service capabilities.' Kevin Harvey, managing director of Brisant, will join Allegion with this acquisition, supporting a smooth integration and helping advance Allegion's regional business. 'Joining Allegion is an exciting evolution for Brisant and our customers,' Harvey said. 'Not only are we expanding our strategic partnerships and scale, but we're now part of a global leader in our space that's known for innovating to make the world safer while also driving strategic growth.' Terms of the transaction were not disclosed. About Allegion At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We're pioneering safety with our strong legacy of leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. Allegion had $3.8 billion in revenue in 2024. For more, visit Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, the company's ability to successfully integrate the acquisition, achieve anticipated strategic and financial benefits from the acquisition, and statements regarding the company's 2025 and future financial performance, the company's business plans and strategy, the company's growth strategy, the company's capital allocation strategy, and the performance of the markets in which the company operates. These forward-looking statements generally are identified by the words 'believe,' 'aim,' 'projected,' 'expect,' 'anticipate,' 'estimate,' 'forecast,' 'outlook,' 'intend,' 'scheduled,' 'targets,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result' or the negative thereof or variations thereon or similar expressions generally intended to identify forward-looking statements. Forward-looking statements may relate to such matters as projections of revenue, margins, expenses, tax rate and provisions, earnings, cash flows, benefit obligations, dividends, share purchases or other financial items; any statements of the plans, strategies and objectives of management for future operations, including those relating to any statements concerning expected development, performance or market share relating to our products and services; any statements regarding future economic conditions or our performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Undue reliance should not be placed on any forward-looking statements, as these statements are based on the company's currently available information and our current assumptions, expectations and projections about future events. They are subject to future events, risks and uncertainties - many of which are beyond the company's control - as well as potentially inaccurate assumptions, that could cause actual results to differ materially from those in the forward-looking statements. Important factors and other risks that may affect the company's business or that could cause actual results to differ materially are included in filings the company makes with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and in its other SEC filings. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. The company undertakes no obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store