Early Spotify investor Dragoneer in talks to back $10bn digital bank N26

Early Spotify investor Dragoneer in talks to back $10bn digital bank N26

An early investor in Spotify, the digital music service, is in talks to lead a huge funding round being assembled by one of Europe's biggest digital banks.

Sky News has learnt that Dragoneer Investment Group has been in discussions about injecting a substantial sum of money into N26, which is based in Germany.

The investment would value N26 at $10bn, making it one of the continent's most valuable fintech companies.