Early Spotify investor Dragoneer in talks to back $10bn digital bank N26
- Date: 27-Sep-2021
- Source: SkyNews
- Sector:Technology
- Country:Middle East
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.