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N26 Bank Leaves UK

6 pointsby aarroyocover 5 years ago

2 comments

s_devover 5 years ago
Revolut is British. Monzo is British. Starling is British.<p>N26 is German. I can see complications arising from Brexit. Bank Passporting was a big issue before the referendum, during and after.
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mytailorisrichover 5 years ago
It seems that Brexit is once again used as a scapegoat.<p>Brexit has been in the cards for almost 4 years now, and they were officially planning to increase their presence in the UK no later than last year [1].<p>I suspect that they simply concluded that they were too far behind Monzo and Revolut in the UK and decided to focus on the US instead.<p>[1] <a href="https:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;technology&#x2F;2019&#x2F;04&#x2F;15&#x2F;digital-bank-n26-plans-double-uk-staff-seeks-compete-monzo-revolut&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;technology&#x2F;2019&#x2F;04&#x2F;15&#x2F;digital-ba...</a>.