February 12 - 11:02
Challenger bank N26 exits UK - blames Brexit
Fintech startup N26 is pulling out of the UK market, and is putting the blame squarely at the feet of Brexit. The German challenger bank said the "timing and framework" of the Withdrawal Agreement made it impossible to continue to operate in the UK. Its 200,000 customers in the UK have until 15 April to transfer funds out of their accounts, which will then be shut automatically.
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