N26, a German mobile bank, has raised USD 170 million in investment from current shareholders.VC.ru reports that technically the startup raised the funds within a new round, but it views the investment as part of Round D. It was held in January of 2019, when N26 raised USD 300 million. The funding was provided by Insight Venture Partners, GIC, Valar Ventures, etc.After the latest investment the startup is valued at USD 3.5 billion, which is nearly 30% more than the index it had in early 2019. According to the startup’s data, N26 is among the most highly rated German startups and fintech startups in general in the world. 05.04.2019 | 14:27 Investments in European fintech open the door to U.S. N26 is a fintech service that enables users to open a bank account and get a debit card quickly. The company does not have offices, and it is competing with Revolut, Monzo, Starling and Atom. According to the startup’s data, N26 has around 3.5 million clients in Europe.It was founded by German entrepreneurs Valentin Stalf and Maximilian Tayenthal in February of 2013. The startup worked without a license until 2016 and provided service only to residents of Austria and Germany. In 2016, the company got the name N26 and the European banking license. In July of 2019 it entered into the U.S. via partner Axos Bank.The partner of Fintech section is Tweet Views 16311