N26 launches with personal loans up to 15,000 euros in Spain
N26 continues to bet on Spain with new products. He online bank has just launched an offer of personal loans that will range from 1,000 to a maximum amount of 15,000 euros. This is one of the first initiatives that the group promotes after the arrival of Antón Díez Tubet as general director for Spain and Portugal last August. “We want to give our clients access to one of the most in-demand financing tools in Spain at one of the most competitive prices on the market,” he defends.
The new personal loan will have a repayment period of 12 to 60 months and a financing cost ranging from 4.06 to 13.69% TAE. However, the final price of the loan is personalized and will vary depending on the amount requested, the repayment period and the client’s solvency profile. He process will be totally digital from the N26 app. “We seek to understand credit not as a burden, but as a tool that, used responsibly, can add value and help people advance their vital goals or avoid unforeseen events,” explains Díez Tubet.
The neobank has introduced the flexible overdraft with a fixed interest of 11.63% APR calculated according to the drawn balance and number of days of use. His Approval will depend on the financial profile of each client. Likewise, it adds another functionality that allows you to establish a repayment schedule for the overdraft. The launch of these products is added to ‘N26 a Plazos’, a payment solution that allows you to split between three and six installments purchases ranging from 20 to 200 euros. Its startup stands as an alternative to traditional credit and Buy Now Pay Later (BNPL) solutions by focusing on purchases already made and paid for. As they explain, the decision seeks to ensure the “financial protection” by avoiding over-indebtedness.
The latest Financial Competencies Survey carried out by the Bank of Spain (BdE) shows that this financing modality was the second most contracted financial product in Spain, only behind credit cards. Specifically, 16% of the population claims to have requested a credit of these characteristicsbecoming one of the most popular options among consumers during the first semester. Regarding consumer credit, the balance in personal loans grew by 7.6% in the first half of 2025 and is approaching record levels since 2012.
At the moment, N26 registers one million clients in Spain. Part of This penetration rests on the remunerated account, one of its quintessential claims. The neobank has been adapting the profitability offered to the interest rate reductions undertaken by the European Central Bank (ECB) and currently offers between 1.3% for the premium category and 0.5% for the standard plan.
Headquartered in Berlin, N26 has offices in several cities across Europe, including Vienna, Paris, Milan, Madrid and Barcelona. The group disembarked in Spain a decade ago, although it was not until 2018 when they obtained the license to operate as a branch and offer credit and investment products. N26 processes more than €140 billion in transactions each year and has a team of 1,500 people of more than 90 nationalities. Founded by Valentin Stalf and Maximilian Tayenthal In 2013, N26 raised nearly €1.8 billion from investors, including Horizons Ventures and Valar Ventures.
