Researcher found security holes at smartphone-only bank N26

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Image Source: Article

German fintech company N26, which made its name mocking traditional banks, has found itself on the receiving end of criticism after a security researcher proved its smartphone apps exposed users to potential account hijacking.

N26, previously known as Number26, has expanded rapidly since it launched in early 2015 as a smartphone-only bank with no local branches, with the backing of major global investors including Silicon Valley's Peter Thiel.

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