N26 — Building A Bank the World Loves to Use

ACE is proud to announce a new investment to the portfolio (ACE’s Venture Opportunities), N26 — the digital banking company.

Founded in 2013 by Valentin Stalf and Maximilian Tayenthal, N26 is focused on reinventing the banking experience for today’s digital lifestyles. Thanks to its fully digital business model, N26 operate on a much lower cost base with lean organizational structures. Without an expensive branch network or legacy technology, N26 passes on these savings directly to its customers. N26 is part of the wave of challenger banks to enter the retail banking market in recent years, offering best-in class retail banking products including current and savings accounts, personal financing, investing, insurance, payment cards and money transfers. The market opportunity is huge, with the addressable market consisting of the entire retail banking market.

We are a Global Investment Management Group Specialized in Direct Investments.