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Openbank has strengthened its presence in Germany by introducing local IBANs and credit offerings. Announced on January 27, 2025, the changes allow customers to receive salaries, manage direct debits, and benefit from German deposit protection guarantees. Additionally, Openbank now offers personal loans up to €24,000 with competitive rates, alongside an upgraded mobile app for enhanced user convenience. The move underscores Openbank's commitment to expanding in Germany and delivering secure, innovative digital banking solutions.

N26, the Berlin-based digital bank, eliminates trading fees for stocks and ETFs starting January 27, 2025, making investing more accessible and affordable. Customers can trade over 3,500 U.S. and European stocks, invest in ETFs, and set up free automated savings plans. This move aims to attract new investors, simplify financial tools, and position N26 as a leader in the fintech industry by removing barriers and fostering confidence in financial markets.