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26/10/2015
Startup of the Week: Number26 Digital natives in Austria and Germany have a new favorite bank

​​​​​​​​​​Startup of the Week​


We are constantly profiling innovative Start-Ups with great ideas for the digital economy.  Each week, we are going to present you the ones we find most exciting. We focus on their disruptive ideas, digital vision and business model. 


Number26: clever banking for the mobile-aficionado


German continues to be a leader in fintech. Following the success case of Fidor Bank​, another startup in the country decided to push the boundaries of banking services. Number26's customers are world-travellers​ and mobile-aficionados. The online banking startup offers its services tax-free and is specially advantageous for account holders who travel and buy internationally frequently.​ 

Number26 also promises worldwide money withdrawn without any notification or pre-registration hassle, cards with NFC technology and smart applications for mobiles and tablets. Number26 clients who misplace their cards can also lock and unlock them quickly and multiple times, Due outdated banking regulations, though, Number26's customers must still prove residence either in Germany or Austria. ​​



mobile26.pngFounders:  

Valentin Stalf and Maximilian Tayenthal​

Innovation: 

​Tax-free accounts and cards are a common feature among digital-only banks. Number26 expands the tax exemption even further​, allowing its customers to complete purchases and withdrawn money across any European country without paying any extra fee.

Year:

2015

Website: 

https://number26.de/

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Comment:

​​​For those who value mobility and choose their phones as their first and preferred interface for contacting their bank, Number26 is a great choice

app economy; app; banking; Austria; digital; digirati; business model innovation; digital transformation; Fidor Bank