N26 Weighs 2021 Fundraising Above $3.5 Billion Value

N26 GmbH is considering a fresh fundraising round next year, as the German mobile bank eyes a valuation above $3.5 billion, Bloomberg reports.

The funding round could be the company’s final one before it considers an initial public offering as early as 2022, one of the people said.

A spokeswoman for the company said there “are not yet any concrete plans for another funding round at this present moment” nor are there currently any “plans or timelines for an IPO in the near future.”

Read more: Bloomberg