Axel Springer-backed mobile banking service provider Number26 has closed a series B round and boosted its total funding to approximately $53m.
Number26, a Germany-based mobile banking service backed by publishing house Axel Springer, received $40m yesterday in a series B round led by venture capital firm Horizons Ventures.
Battery Ventures, Valar Ventures, Earlybird Ventures and Redalpine Ventures also took part in the round, as did assorted angel investors.
Founded in 2013, Number26 has formed a partnership with financial services firm Wildcard Bank to operate a mobile banking service. Users can open a new bank account using a smartphone or desktop app…
