back Back

N26 launches Joint Accounts to help customers to manage shared finances

By Gloria Methri

April 12, 2024

  • Expense Management
  • FinTech
  • Germany
Share

N26, Neobank, Digital Bank, Challenger Bank, Mobile Bank, Joint Accounts, FinTech, EuropeN26, the European digital bank, has announced the launch of Joint Accounts in 21 new markets. Joint Accounts allow N26 customers to manage their personal finances and finances shared with a partner—all in one app and at no extra cost. This reduces complexity and makes it easier than ever to budget, track expenses, and achieve financial goals together.

The new feature will be available to customers in Austria, Belgium, Denmark, Estonia, Finland, Greece, Iceland, Ireland, Latvia, Liechtenstein, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland.

From today, N26 customers in these markets with accounts across all personal membership tiers, including the free N26 Standard, can create a Joint Account with just a few taps directly within their N26 App. The feature’s simple and user-friendly interface allows its users to filter expense information by participant and keep track of the joint monthly budget, thereby promoting healthy financial habits. Smart insights and full legal ownership for both participants offer added safety and transparency.

Each N26 customer can create one Joint Account, with a maximum of two customers participating in a Joint Account together. Every Joint Account comes with its own dedicated IBAN, making shared expenses like rent payments or household expenditures easy to manage and split. The Joint Account can be linked to both customers’ personal virtual and physical cards within the N26 App for a convenient everyday banking experience.

“N26 customers can open a Joint Account with their partner or loved one in just a few taps, without complexity or tedious paperwork,” said Valentin Stalf, Founder and CEO of N26. “This way, our customers can easily manage their personal and shared finances within our app while building healthy financial habits and achieving their financial goals together.”

N26’s Joint Accounts will complement its existing Shared Spaces feature, which allows customers with a premium subscription to create shared sub-accounts with close contacts without the long-term commitment of a joint bank account.

Previous Article

April 12, 2024

TransferGo raises $10m in funding from Taiwania Capital Management

Read More
Next Article

April 12, 2024

The Weekly Wrap: all you need to know by Friday COB | April 12th

Read More








IBSi Daily News Analysis

Complaints Fraud

May 22, 2024

Expense Management

UK SMEs lack fraud protection, facing significant financial risks, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 22, 2024

Lili launches Accountant AI to streamline finances for SMBs

Read More

May 22, 2024

Vietnam’s PVcomBank selects Temenos Digital on AWS to enable mobile banking

Read More

May 21, 2024

Bank Muamalat & Backbase to drive next-gen digital Islamic banking in Malaysia

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023