Travel Insurance Policy and Regulatory Issues Led to N26’s UK Exit

According to new reporting by Sifted and Finance Forward N26’s exit from the UK was not due to Brexit but instead their travel insurance policy and regulatory issues; the report indicates that customers were forced to provide additional information to the bank and if they failed to do so they would have their premium subscription terminated; N26 refunded customers who did not meet the criteria and did not respond before the deadline the company still says this did not lead to their exit from the UK as they affirmed in a statement to AltFi; the new reporting shows that the reasons behind the exit were clearly more complicated than Brexit as most in the market has suspected since the announcement was made. Altfi

  • With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!

[class^="wpforms-"]
[class^="wpforms-"]