N26 announced changes to leadership structure

With immediate effect, N26 co-founder Maximilian Tayenthal will “take over the role of Chief Operating Officer, while retaining his role as Managing Director of N26 Bank AG.”

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N26 and Jan Kemper have jointly “agreed that he will step down from his executive duties as Chief Financial Officer and his interim role as Chief Operating Officer.”

Jan Kemper will “leave the company at the end of January 2023 and will focus on his other ventures, including his board roles, his professorship at RWTH Aachen, and his own businesses.”

He will “continue to work closely with the senior team at N26 to ensure a smooth transition of his duties, while a search for a successor as CFO is ongoing.”

Marcus W. Mosen, Chairman of the Supervisory Board of N26 AG, said: “Jan has been instrumental in helping to further strengthen the structures and governance of N26, thus putting in place a solid foundation for the company’s continued success. We are very grateful for Jan’s contributions to the development of N26, and wish him all the best in his professional and private endeavours.”

N26 has more than 8 million customers in 24 markets. N26 has a 1,500-strong team of 80 nationalities based across the globe.

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It has teams based in 10 locations: Amsterdam, Berlin, Barcelona, Belgrade, Madrid, Milan, Paris, Vienna, New York and São Paulo.

Valued at more than $9 billion, N26 has raised close to US$ 1.8 billion from the world’s investors including Third Point Ventures, Coatue Management LLC, Dragoneer Investment Group and others.

N26 currently operates in: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland.