Time and Again Trouble with Bafin: Investors Seem to Lose Patience with N26 Founders

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Lean Right

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The Berlin smartphone bank N26 is again in the criticism of Bafin. Investors are pushing for a change of boss according to consistent reports. But not only the trouble with the financial supervision is pessimistic.

MoneyToday

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The two founders Valentin Stalf and Maximilian Tayenthal started in 2013 with their Neo-Bank N26 and have brought their company to remarkable size. Oversea adventures have already ended Stalf and Thayenthal years ago and focused on the European core markets. Fast growth has not only been positive, but has also led to apparently difficult-to-solve compliance problems for Neo-Bank.

Kurier

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Problems with financial market supervision and business development. Bank denies replacement on pressure from investors, according to the report.

FinanceFWD

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Another trouble with Bafin and dissatisfaction with the results: influential investors lose patience with Valentin Stalf and Maximilian Tayenthal – and demand their replacement. The award is just two months old. At the beginning of June, Valentin Stalf (39), founder and one of the chiefs of Berlin's digital bank N26, was one of the most influential personalities in Germany, named by the media of Axel Springer publishing house. Meanwhile, it seem…

manager magazin

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New trouble with Bafin and dissatisfaction with the results: Influential investors are losing patience with Valentin Stalf and Maximilian Tayenthal – and are demanding their replacement.