N26 GmbH
N26 GmbH: The Mobile Bank N26 cooperates with credit marketplace auxmoney / N26 expands offering for loans in Germany through its partnership with auxmoney
DGAP-News: N26 GmbH / Key word(s): Product Launch/Alliance The Mobile Bank N26 cooperates with credit marketplace auxmoney The expanded loan offers include amounts from 1.000 to 25.000 Euros at a duration of 12 to a maximum of 60 months and interest rates from 3,95%, depending on maturity and credit rating. The N26 consumer credit, launched in February, is primarily aimed at creditworthy employees, the product from auxmoney also includes credits for students, the self-employed and freelancers. As of April this year N26 also offers a current account for the self-employed. “We see a strong development towards platforms with multiple providers. However, these are often difficult for customers to use and entail time-consuming task of comparing the offers of multiple banks. Through this partnership we are combining the advantages of a platform with an exceptional user experience,” says Valentin Stalf, founder and CEO of N26. “The cooperation has a signalling effect for the banking world: N26 expands and improves the range of loans offered to its customers with auxmoney. We already cooperate with an increasing number of retail banks who can improve their loan offers via auxmoney. Now we are transferring this principle into mobile banking with N26”, explains Raffael Johnen, CEO and co-founder of auxmoney. The whole process from application to offer, verification and approval is completely digital and comes without any extra forms to be filled out. The customer first specifies their desired amount and then fills in questions about their personal situation directly in the app. This process is then followed by a digital credit check. A corresponding loan offer, either from N26 or auxmoney, follows in just a few seconds. An electronic signature is all that’s required to complete the process and sign the contract. iOS users are able to use auxmoney immediately, the Android version will follow soon. About N26 Website: n26.com | Twitter: @n26 | Facebook: facebook.com/n26
Further information: www.auxmoney.com
31.07.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |