The Berlin-based digital bank N26 has introduced joint
accounts across 21 countries in Europe to enable users to manage their
personal and shared financial responsibilities using an app. This offering is available in countries such as
Austria, Belgium, Spain, and Sweden. According to the company, customers can create a joint account using the N26 app without
the need for paperwork.
The joint accounts are designed to enable users to
track expenses, filter information by participant, and monitor their joint
monthly budget. Each account comes with its dedicated IBAN, facilitating the
management and splitting of shared expenses such as rent payments or household
expenditures.
Besides that, participants have full legal
ownership and access to smart insights in the joint accounts, ensuring a transparent
financial partnership. N26’s joint accounts complement its existing Shared
Spaces feature, which offers a solution for creating sub-accounts with
close contacts.
Valentin Stalf, the Founder and CEO of N26, mentioned: “N26 customers can open a Joint Account with their partner or loved one in just
a few taps, without complexity or tedious paperwork. This way, our customers can easily manage their
personal and shared finances within the N26 app while building healthy
financial habits and achieving their financial goals together.”
Yours + Mine = Ours 💰💕 The N26 Joint Account is here! Join forces and funds with your loved one and start managing money together:
🏦 With a dedicated IBAN.
📊Insights on all your shared finances.
🫂Your personal and joint account – All in one#LoveYourBank pic.twitter.com/m8HA7NxYA2— N26 (@n26) April 10, 2024
N26 Expands Services
According to the digital lender, these solutions
enable customers to budget for various activities, split expenses with
roommates, or share larger purchases without the constraints of a traditional
joint bank account. Founded in 2013 by Stalf and Maximilian
Tayenthal, N26 has over 8 million customers across 24 markets. The digital bank processes more than 100 billion EUR worth of transactions annually.
Last month, N26 expanded its instant savings accounts
to 13 European countries, including Austria, Belgium, Estonia, Finland, Greece,
Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia,
and Slovenia.
The interest rates for the savings account are tiered,
with N26 Metal customers receiving 4% annually, while N26 Smart, You account
holders or those with the free N26 standard account earn 2.8% annually on
deposits.
The Berlin-based digital bank N26 has introduced joint
accounts across 21 countries in Europe to enable users to manage their
personal and shared financial responsibilities using an app. This offering is available in countries such as
Austria, Belgium, Spain, and Sweden. According to the company, customers can create a joint account using the N26 app without
the need for paperwork.
The joint accounts are designed to enable users to
track expenses, filter information by participant, and monitor their joint
monthly budget. Each account comes with its dedicated IBAN, facilitating the
management and splitting of shared expenses such as rent payments or household
expenditures.
Besides that, participants have full legal
ownership and access to smart insights in the joint accounts, ensuring a transparent
financial partnership. N26’s joint accounts complement its existing Shared
Spaces feature, which offers a solution for creating sub-accounts with
close contacts.
Valentin Stalf, the Founder and CEO of N26, mentioned: “N26 customers can open a Joint Account with their partner or loved one in just
a few taps, without complexity or tedious paperwork. This way, our customers can easily manage their
personal and shared finances within the N26 app while building healthy
financial habits and achieving their financial goals together.”
Yours + Mine = Ours 💰💕 The N26 Joint Account is here! Join forces and funds with your loved one and start managing money together:
🏦 With a dedicated IBAN.
📊Insights on all your shared finances.
🫂Your personal and joint account – All in one#LoveYourBank pic.twitter.com/m8HA7NxYA2— N26 (@n26) April 10, 2024
N26 Expands Services
According to the digital lender, these solutions
enable customers to budget for various activities, split expenses with
roommates, or share larger purchases without the constraints of a traditional
joint bank account. Founded in 2013 by Stalf and Maximilian
Tayenthal, N26 has over 8 million customers across 24 markets. The digital bank processes more than 100 billion EUR worth of transactions annually.
Last month, N26 expanded its instant savings accounts
to 13 European countries, including Austria, Belgium, Estonia, Finland, Greece,
Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia,
and Slovenia.
The interest rates for the savings account are tiered,
with N26 Metal customers receiving 4% annually, while N26 Smart, You account
holders or those with the free N26 standard account earn 2.8% annually on
deposits.
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- Source: https://www.financemagnates.com//fintech/n26-extends-joint-account-offering-to-21-countries-in-europe/
