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German digital lender N26 seeks eventual IPO

German mobile bank N26 GmbH is seeking to launch an eventual IPO, Reuters reported, citing CEO Valentin Stalf.

Stalf, who is also the founder of N26, told Germany's Handelsblatt on March 21 that "the roadmap for a listing is in place," and that the company knows what it "must achieve in order to get there."

On March 20, N26 raised $160 million in a series C funding round led by China's Tencent Holdings Ltd. and the technology investment unit of Allianz Group, bringing total funding raised to $215 million.