Digital bank N26 raises more cash, bracing for coronavirus uncertainty


N26’s logo seen displayed on a smartphone.

Rafael Henrique | SOPA Images | LightRocket via Getty Images

German digital bank N26 has raised an additional $100 million in funding, as it braces for economic uncertainty from the coronavirus pandemic.

The investment, backed by existing investors such as Chinese tech giant Tencent and Peter Thiel’s Valar Ventures, is an extension to the company’s Series D investment round announced early last year. It brings the total raised in that round to $570 million, while the company has now raised $770 million to date.

N26 already topped up its Series D round with

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