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They lied about the reasons to betray 200.000 users in UK. One hint: it was not Brexit.
by marvel_boy 7y ago
They lied about the reasons to betray 200.000 users in UK. One hint: it was not Brexit.
- mstade 7y agoDo you have a source for this? All I see in the article is conjecture. (Edit: I am not nor have I ever been an N26 customer, just curious.)
- 0x1221 7y agoDo we have any evidence that they lied? Like actual evidence, not the comments of a few outraged customers (one of them literally calling it "fake news").
- kmlx 7y agoit's known across the financial news teams that N26 left the UK due to very low adoption numbers. applying to the UK regulators did not make sense.
- mnd999 7y agoThat would confirm what they're saying - that the costs of continuing to give it a go in the UK market will increase substantially post brexit. Inside the EU costs would have been lower so it was worth trying to gain a foothold.
- pgeorgi 7y agoAs I understand it, the need for UK regulation only came up due to brexit (before they were in thanks to the common market), so I guess "it's brexit" is sort of right, even if that leaves it a couple of steps? Without it they could have coasted along for a while longer with not much extra effort.