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CMS Advises German Online Bank N26

CMS Advises German Online Bank N26

Serbia
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CMS has advised German online bank N26 on the acquisition of an unidentified Serbian fintech company.

According to CMS, "26 has already welcomed more than 7 million customers in 25 markets [in] only 6 years, and has just raised a USD 900 million Series E round at a USD 9 billion valuation of the company. In addition to Central Europe operations, they are now eyeing opportunities in East Europe, and opening an office in Serbia is an important step in their plan."

CMS’s team in Belgrade included Managing Partner Radivoje Petrikic, Local Partners Marija Tesic and Maja Stepanovic, and Senior Tax Lawyer Ivana Blagojevic.

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