Thiel-Backed Fintech N26 to Offer Mobile Service to Boost Growth
N26, the Peter Thiel-backed German neobank, is planning to offer mobile phone contracts to customers as it seeks new avenues for growth, copying a strategy that its larger competitor Revolut introduced last year.
'Germany has some of the most expensive local plans among telecommunication markets in Europe,' Chief Executive Officer Valentin Stalf told Bloomberg News in an interview on Monday. N26 will start offering telecom services in May using one of the top two German mobile networks, he said.
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New York Post
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- New York Post
Port of Los Angeles sees sharp drop in cargo ships, West Coast dockworkers sit idle
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Yahoo
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Yahoo
3 hours ago
- Yahoo
Insurtech Slide targets $2 billion plus valuation in US IPO
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