FRANKFURT, October 22, 2021: Morgan Lewis has advised Third Point Ventures on its investment in German digital bank N26. Emerging technology investment company Third Point Ventures is a lead investor in the fintech’s more than $900 million Series E financing round.
The Morgan Lewis team advising Third Point Ventures includes partners Scott Karchmer, Ulrich Korth, Torsten Schwarze, Walter Ahrens, and Jörg Siegels, of counsel Karsten Emmermann and Axel Spies, and associates Christian Leeder and Markus Kern.
According to N26’s press release, this is the largest financing round to date for a digital bank in Europe, which increases the company’s valuation to more than $9 billion and places it among the top 20 fintechs in the world.