Berlin-based digital bank N26 announced changes to its leadership team, with co-founder Valentin Stalf stepping down from his operational role as Chief Executive Officer.
Following a transition period, he will join the N26 Supervisory Board.
Stalf founded N26 together with Maximilian Tayenthal in 2013.
Tayenthal will continue in his current position as a member of N26’s Executive Leadership Team and the Management Board of the N26 Group and N26 Bank.
The two co-founders together retain almost 20% of the company’s shares.
Stalf’s appointment to the Supervisory Board will be followed by the addition of further members in the coming months, alongside an expansion of the N26 management team.
These changes build on the recent appointment of Jochen Klöpper, who will take up the role of Chief Risk Officer in December 2025.
Current members of the Supervisory Board are Marcus W. Mosen (Chair), Déborah Carlson-Burkart, Peter Kleinschmidt and Jörg Gerbig.
Valentin Stalf, Chief Executive Officer of N26, said:
“My move to the Supervisory Board is a forward-looking decision to continue to best utilise my many years of experience and knowledge to strengthen N26. I will actively and passionately contribute to N26’s long-term leadership and strategic direction and will remain one of the largest N26 shareholders. The new role also offers me the opportunity to devote more time to my family office and other entrepreneurial pursuits. N26 now has a strong team that is very well positioned for the future.”
Founded twelve years ago, N26 is now a digital bank in Europe employing around 1,500 staff and serving millions of customers.
The changes come after a year in which the company broke even in summer 2024, reporting 40% revenue growth in its last financial year.
Annual revenues now exceed €500 million, and N26 expects to remain profitable in the second half of 2025.
N26 has also expanded its product offering, which includes digital banking services as well as savings and investment products such as fee-free trading, savings plans and cryptocurrency investments.
Trading volumes have risen significantly and are expected to surpass €4 billion in 2025.
In 2025, N26 also entered the mobile communications sector, offering local mobile plans and international eSIMs covering over 100 destinations, with monthly sales of 8,000 to 10,000 plans.
Upcoming developments include new products for families, a redesigned app with a focus on wealth management, a premium subscription named N26 ICON, and further use of artificial intelligence to improve services and automation.
Featured image credit: Edited by Fintech News Switzerland, based on image by noob via Freepik
