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Austria.

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Fintech N26 back in Vienna with a new innovation centre

08.05.2019

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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Thanks to a fantastic mindset, our employees at the Villach site have built up a unique expertise which helps us to further strengthen our position on the global market. We fuse high-performance manufacturing with research and development in the field of power electronics. In addition to a very good cooperation with partners and networks, a well-developed landscape of 'talent factories' ranging from higher technical colleges to universities, we as a company also value the outstanding model of research promotion which exists in Austria.

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