German bank N26 to open second European office in Barcelona

The German bank N26 has announced that it will open its second European office in Barcelona on September 1. It plans to hire more than 100 engineers and experts in the development of its product up to 2019, as the office will focus on technology. N26 is a mobile-based bank. With it, according to its website, you can “do everything you can do with a traditional bank, except easier and from anywhere.”

The Berlin-based entity chose Barcelona  because it is “famous for being a technological centre with a very potent entrepreneur ecosystem.” For this reason, the company stated, the Catalan capital allows them to “open a door to new talents to continue increasing their team.”

“Opening an office in Barcelona permits us to continue growing as a first level technological company and continue attracting the best talent,” said N26’s general director Valentin Stalf in a statement. “Barcelona is one of the cities with the biggest growth,” he went on to say. “It’s perfect for our first European team outside of Berlin.”

N26 currently has two offices: one in Berlin and one in New York. It employs more than 430 people. The hiring process for the Barcelona office has already begun.