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Deals 03 Nov 2021 · Serbia

CMS Belgrade supports German online bank N26

2 min read

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We, at CMS Belgrade, appreciate the opportunity to support start-ups with a strong vision, such as retail neobank N26. CMS Belgrade Managing Partner Radivoje Petrikić, early recognised the potential of N26 and with his team of local partners Marija Tešić and Maja Stepanović, and senior tax lawyer Ivana Blagojević, supported them with the acquisition of a Serbian fintech, thus enabling further expansion of N26 operations in global markets.
 
This fast-growing neobank from Germany has an inspiring motto: to be the first mobile bank the world loves to use! As it seems, they are living up to their motto, since N26 has already welcomed more than 7 million customers in 25 markets for only 6 years, and has just raised a USD 900 million Series E round at a USD 9 billion valuation of the company. In addition to Central Europe operations, they are now eyeing opportunities in East Europe, and opening an office in Serbia is an important step in their plan.
 
We are looking forward to assisting the innovative mobile bank with achieving their goal of becoming one of the biggest retail banks in Europe. 

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