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Fintech N26 back in Vienna with a new innovation centre

Minister Schramböck and N26 founder and management team © Federal Ministry of Digital and Economic Affairs/Ph. Hartberger

Six years ago, the Austrians Valentin Stalf and Maximilian Tayenthal relocated the founding of their financial startup N26 to Berlin.

Now N26 is planning to set up a technology and innovation centre in Vienna to develop new products and security features. On the basis of this new Viennese technology centre, the online bank is expanding its current product and technology team of 350 employees in Berlin, Barcelona and New York. The opening is scheduled to take place in the fall of 2019. Over the long term, N26 intends to hire more than 300 software engineers, product managers and IT specialists in Vienna. The online bank has an enterprise value of EUR 2.3 billion at present.

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