Munich — Tencent Holdings Ltd., one of the leading technology companies in China in particular, has again invested in N26 GmbH as part of an extended Series D financing round. N26 operates mobile banking business. All investors who already participated in the Series D financing round in January 2019 have invested in N26 again.
Advisor Tencent: Hengeler Mueller
Hengeler Mueller advised Tencent on the transaction. The partners Dr. Jens Wenzel, Foto (Berlin) and Dr. Emanuel P. Strehle (Munich) as well as associate Clemens Höhn (Berlin) were active (all venture capital/corporate law).