N26 Co-Founder Valentin Stalf to Step Down
22 Articles
22 Articles
Valentin Stalf and Maximilian Tayenthal are among the superstars of the German founding scene. Now they have lost the power struggle with their financiers.
Valentin Stalf has made N26 one of the most valuable start-ups in Europe. Now he is withdrawing from the leadership of the digital bank, probably under pressure from regulators and investors. For the Berlin-based company, that doesn't have to be bad news.
The Berliner Digitalbank N26 is facing a change of management: Valentin Stalf withdraws from the operational management and changes to the Supervisory Board.
Valentin Stalf, the co-founder of Neo-Bank N26, has been one of the top stars of the German tech scene so far. After criticism of his role as manager, the Viennese now withdraws as CEO.
The banking supervisor Bafin issued a devastating interim report to the German digital bank N26. Investors demanded changes.
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