N26 marks US mobile bank launch with P2P, Tidal discount

N26, the German fintech, has officially gone live in the U.S. following a one month beta period and is offering several new features to American customers, including early access to wages, discounted subscriptions with major partner firms and a new peer-to-peer lending service called MoneyBeam.

«We are excited to now open up N26 to the millions of U.S. consumers who are frustrated with their current banking experience,» Nicholas Kopp, U.S. CEO of N26 Inc., said in a company release.

The mobile banking app allows customers to get two-days advanced access to their paychecks when they set up direct deposit.

The subscription discounts are being offered under a program called Perks, where customers can get a 10% discount on Tidal's streaming music service, or the Luminary podcast platform, the Blinkist reading app or the Aaptiv health and fitness app.

MoneyBeam allows users to send funding to friends, family or anyone on their smartphone contacts list.

The U.S. mobile app for N26 is now available on the App Store for iOS or Google Play for Android phones. The company is launching a national brand campaign in major cities like New York, San Francisco and Chicago, and will be seen on buses, trains and taxis.

Source: ATM Marketplace