Hengeler Mueller advises Tencent on Series E investment in N26

Tencent Holdings Limited, one of the leading technology companies headquartered in the People's Republic of China, has participated in the Series E financing round of the mobile bank N26 alongside other co-investors. The USD 900 million funding round, which is led by Third Point Ventures und Coatue Management, increases the company’s valuation to more than USD 9 billion.

Hengeler Mueller advised Tencent on the transaction. The team included partner Jens Wenzel as well as associates Alexander Orlowski, Nicolas Kutscher (all Venture Capital/M&A, Berlin) and Gerrit Tönningsen (Regulatory, Frankfurt).