A new German digital bank is being launched by Polish financial company mBank, and its major shareholder Commerzbank. The project, called Kopernik, will initially target pan-Europeany, and will be based on the existing digital operations and technology developed by mBank in Poland. The idea for such a German banking entity is also being pursued by a consortium consisting of Alior Bank, solarisBank, Raisin ad Mastercard, while pan-European challenger bank N26 is also setting its sights wider, with a new office opening in Barcelona in September.
A new pan-European digital bank is being launched by Polish financial company mBank, and its major shareholder Commerzbank. The project, called Kopernik, will initially target Germany, and will be based on the existing digital operations and technology developed by mBank in Poland. The idea for such a pan-European banking entity is also being pursued by a consortium consisting of Alior Bank, solarisBank, Raisin ad Mastercard, while German challenger bank N26 is also setting its sights wider, with a new office opening in Barcelona in September.