Peter Thiel-backed mobile bank N26 says it’s luring deposits from US titans like Chase and Citibank

Peter Thiel-backed mobile bank N26 says it’s luring deposits from US titans like Chase and Citibank

The logo of German direct bank N26 displayed on a smartphone.

Felix Zahn | Photothek via Getty Images

German mobile bank N26 has attracted 250,000 users in the United States, where it claims new customers are shifting funds from established giants like Chase Bank and Citibank.

The financial technology company, which is backed by controversial Silicon Valley venture capitalist Peter…

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