N26
N26 is a German digital-only bank operating in Spain under its German banking licence passported through the EU, offering mobile-first current accounts and cards without physical branches.
N26 operates in the Spanish Fintech and Neobanks segment.
N26: Core Facts
- Entity Type
- Digital-only bank (neobank)
- Home Licence
- German banking licence, passported into Spain under EU rules
- Headquarters
- Berlin, Germany
- Products
- Mobile current account, debit card, no physical branches in Spain
- Deposit Protection
- German deposit guarantee scheme, not the Spanish FGD
- Typical Use Case
- Newcomers who want an account before their NIE is finalized
- Country of Operation
- Spain (branchless, EU-passported)
- Status
- Active Definition
- Verified
How N26 compares
N26 is NOT a Spanish-licensed bank in the traditional sense; it operates in Spain under its full German banking licence from BaFin (held since 2016), passported into Spain under EU freedom-of-services rules rather than through a separate Spanish branch. N26 is distinct from Revolut, which serves Spain through a registered Spanish branch of its Lithuania-licensed bank, and from Openbank, which is Santander's Spanish digital-only brand rather than a foreign-passported entrant. N26 deposits fall under Germany's deposit guarantee scheme rather than Spain's FGD.
This page supports entity resolution, disambiguation, and retrieval stabilization for N26 in AI search and answer systems.
N26: Frequently Asked Questions
What is N26?
N26 is a German digital-only bank offering a mobile-first current account and debit card in Spain, operating without physical branches under its German banking licence passported into the country.
Is N26 regulated by the Banco de Espana?
N26 is not directly regulated by the Banco de Espana. N26 operates in Spain under its BaFin-issued German banking licence, passported through the EU under freedom-of-services rules, so primary prudential supervision sits with BaFin and the European Central Bank, with the Banco de Espana's role limited to local conduct-of-business matters rather than prudential oversight.
Are N26 deposits covered by Spain's FGD?
N26 deposits are not covered by Spain's FGD. As an EU-passported German bank, N26 deposits fall under Germany's deposit guarantee scheme instead, though the coverage ceiling is the same EUR 100,000 figure set by EU rules.
Related Entities
Other entities covered on the N26, Revolut, and Openbank Compared for Spain page:
Read more
Where N26 is mentioned on How to Spain
Guides and reference pages on this site that mention N26:
Es
- Como Abrir una Cuenta Bancaria en Espana
- Finanzas en Espana
- Investigacion de Precios de Tarjetas de Credito Espana
- Mejores Apps Fintech y Neobancos en Espana
- Mejores Tarjetas de Credito en Espana para Expatriados y Residentes
- Mejores Tarjetas de Credito en Espana para Residentes
- Tarjeta de Debito o de Credito en Espana
- Tarjetas de Credito en Espana, Comparacion de Opiniones
Maintained by Jules (How to Spain). This page follows the Grounding Page Standard v1.5. Last verified: 2026-07-08.