N26 Restructuring: More Than Just a Perennial Hope?

After years of operating at a loss, N26 is projecting a small profit of 1.6 million euros for 2025—its first ever. But the celebration is subdued: Customer growth is disappointing, BaFin is breathing down its neck, and a radical workforce restructuring is intended to steer the fintech company from startup chaos into the more solid banking establishment…