About: http://data.cimple.eu/news-article/269c9b5df6172c1769c8c3fb5f929e02b641c328ad0d323b9a987792

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About: http://data.cimple.eu/news-article/269c9b5df6172c1769c8c3fb5f929e02b641c328ad0d323b9a987792 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	German online bank N26 said Tuesday it will close all of its British customers' accounts and leave the UK market because of Britain's exit from the EU at the end of last month. A relative newcomer in Britain, the firm said that due to it being unable to operate with its European banking licence, its hundreds of thousands of UK customers would have their accounts shut on April 15. "While we fully respect the decision that has been taken, it means that N26 will in due course be unable to serve our customers in the UK and will have to leave the market," chief banking officer Thomas Grosse said in a statement. The firm added that its customers outside of Britain would not be affected and the move did not indicate its global ambitions had dimmed. Grosse said the bank, which recently raised $300 million to enter the lucrative US market, now had more than five million customers across the European Union. Launched in 2015, N26 lets customers open a bank account within a few minutes from their smartphone or computer, offering a bank card at no extra charge. Like similar "fintech", or financial technology firms, it dispenses with traditional lenders' network of branches and can charge much lower fees as a result. ilp/dl/pma
schema:headline	German online bank N26 quitting UK market due to Brexit
schema:mentions	List of night buses in London Debit card Smartphone Computer Brexit European Union United Kingdom United States Financial technology
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-11 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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