Then you need to follow the customers. I think there are two great things about — and maybe coming back to why I chose to study abroad, as well, from the beginning is, first of all, different cultures. : Very nice. : Absolutely. In the beginning, it’s more about vision and growth. Combination of evidence-based research and practical knowledge. Depois de captar US$ 300 milhões em rodada de investimentos Série D liderada pelo Insight Venture Partners em janeiro, N26 anuncia extensão de US$ 170 milhões em julho, com participação do fundo GIC, de Singapura, e investidores anteriores.
How did you personally scale yourself to continue at the same pace with the scale of the business, itself, because I find that who you are when you start the business, or your mindset, or the approach, is completely different to where you are later in the lifecycle of the business where there are different problems, different analysis. I think when you take that decision, at least in Europe — I think in the U.S., it’s much more common to think about universities and think about Virginia University you go to, but you have to take the European perspective on this. Back then already, both shared a vision of building a … You can do a fast Q&A. Maximilian, nascido em Viena (Áustria), tem bacharelado e mestrado em Economia e Administração de Empresas e diploma em Direito pela Universidade de Viena. The Startup Navigator is not just a theoretic concept. But before we actually dive into it, I’d like to do a walk through memory lane here so that people really get to know you and to know how this incredible story came together. Your focus on the customers can have an impact. Everybody that works at N26 needs to accelerate fast.
: Let’s talk about following through on this. Finally, you guys did the pivot. We had a prepaid card set up for kids. Then we still needed to develop. Valentin, welcome to the show. Somando US$ 470 milhões em aportes no ano, torna-se uma das dez FinTechs mais valiosas de todo o mundo.A startup também lança sua operação nos Estados Unidos, anuncia a chegada ao Brasil para 2020 e atinge a marca de 1.300 funcionários nos escritórios de Berlim (Alemanha), Nova Iorque (EUA) e São Paulo, além dos TechHubs de Barcelona (Espanha) e Viena (Áustria).Nascido em Viena (Áustria), Valentin tem bacharelado em Administração de Empresas e Gestão e mestrado em Contabilidade e Finanças pela Universidade de St. Gallen.
The kids were having the opportunity to shop, and parents could load the card and could see where kids were shopping. So it’s not so common if people go to a different country or a completely different location to study. : That’s fantastic. The investment hypothesis, and then you go back to them and tell them it’s actually completely wrong, or we have a better idea. That was the main reason for us to say, “Let’s found something in that space.” From the beginning on, I remember we always wanted to be or wanted to go in the direction of founding our own bank and having a mobile bank that could easily be accessed. The team worked really hard, and then you go back to them and say, “That’s not the right thing. Once you completed the studies, you got back to Europe, and then you made the decision to join the internet world.
I think you need to be honest about it. : So let’s talk about the incubation process of N26. Valar Ventures, actually a fund based in New York that helped us to shape our thinking of how we should build the company, how important it is to grow, not to look at only the unique economics in the beginning, but focus on happy customers. How do people come together? Also, our original product wasn’t working. Then focus on that product, and then follow through. If you had that chance to have a chat with your younger self, with that younger Valentin that was about to give the notice in Rocket Internet before starting N26, what would be that one piece of business advice that you would give to yourself before launching a business and why? Today, we have a huge team, a great team that can balance those expectations and also work on the expectations. : Then we raised new funds, and I think it was around March. I was applying to all of the big banks, to consulting companies, and I got some good offers afterward. A hard believer in the MVP, he also thinks that “Demonstrating Stalf’s focus on products, during 2018, N26 launched Spaces, a fast way to set aside money based on a customer’s personal preferences and needs, and N26 Business Black, a premium business account for freelancers and self-employed individuals.
I realized during the time that all the companies working in the financial industry are slow and have big difficulties to transform their business model into digital. 2015 Launched our first products for the first time, unveiling our free N26 bank accounts and N26 Mastercards in Germany and Austria.