Top 5 Challenger Banks in Germany and Their Tech

Internet penetration rate is around 94% ;

Over 78% of Germans have smartphones, and almost a third of population have four or more connected devices;

Germany is No.15 in Networked Readiness Index that assesses a country’s ability to fully leverage information and communication technology for competitiveness;

71% of Germans are digital payment users;

High GDP per capita of $50,760 in 2021.

1. N26

2. Fidor Bank

3. Solaris Bank

4. Nuri

5. Kontist

The bottom line