N26 Eyes Value of About $10 Billion in Fresh Fundraising

N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to Bloomberg.

The firm, backed by billionaires Peter Thiel and Li Ka-Shing, is working with advisers to seek fresh money at a far higher valuation than previous funding rounds. This could be the final time it raises cash before an initial public offering.

Read more: Bloomberg