The injection of fresh funds into N26, a German start-up, tops the $250 million achieved by its rival Revolut in April previous year that valued the London-based app at $1.7 billion. It also makes N26 the second most highly valued digital startup bank globally behind Brazil's Nubank.
Singapore's sovereign wealth fund GIC and other existing investors also participated.
Norovirus hits Royal Caribbean's Oasis of the Seas
Oasis' outbreak is the first to meet the threshold for CDC reporting in 2019 - and the first outbreak of that scale for the ship. On social media, passengers said they were not allowed to disembark in Jamaica no Tuesday due to the outbreak.
Co-founder and chief executive Valentin Stalf has predicted that the company will acquire a million customers in the USA within 12 to 24 months, citing the 2.3 million customers it has attracted thus far across 24 European markets.
N26 has to date raised more than US$500 million from major global investors including Tencent, Allianz X, Li Ka-Shing's Horizons Ventures, Peter Thiel's Valar Ventures, Earlybird Venture Capital, Redalpine Ventures and Greyhound Capital. The digital bank launched in the United Kingdom in October previous year.
SpaceX’s Falcon 9 launches 10 communications satellites
SpaceX will try to land the Falcon's first stage on an autonomous vessel floating in the ocean. The next launch window was tentatively planned for January 8, and eventually pushed to Friday.
Chief executive Valentin Stalf said the banking challenger hopes to use the expertise of its newest investors and the proceeds of the funding round "to disrupt one of the largest industries in the world".
N26 is using the new funds to launch its U.S. expansion in the first half of 2019.
US Supreme Court says Justice Ginsburg appears cancer free after surgery
Furthermore, doctors have determined that Justice Ginsburg has no remaining signs of cancer. Ginsburg, the eldest justice on the court, will turn 86 in March.