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Berlin’s fintech bank loses its finance and risk position

The N26 Bank loses its financial and risk position. After exclusive information from “” Matthias Oetken has announced internally some time ago its withdrawal. The risk expert wants to devote himself to a new professional challenge, they say. Until a successor is found, Oetken should in any case remain in office, possibly even far into the year. According to the information of “” possible external successor candidates have been recently contacted by a headhunter.

N26 was last in a huge funding round that  ended with a revenue of around 260 million euros. This circumstance may have contributed to the fact that the resignation was not yet communicated. Although the funding took place at the level of the N26 GmbH, whose finances founder Maximilian Tayenthal personally takes care of. However, one may assume that Oetken as CFO and CRO of the actual bank has also played a central role in the process. Oetken came to N26 in mid 2016  making it one of the first German bankers ever to switch to a fintech.

“I’m proud to be part of the N26 success story. Now it’s time for me to open a new chapter, ” says Matthias Oetken.

“Matthias Oetken made an outstanding contribution to the market success of N26. We are grateful that he has been instrumental in building the N26 Bank for us over the last three years and we wish him all the best for his professional and private future, ” says Valentin Stalf.

Published inFintech

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