N26 is now a shadow of its former self. It's culture, which used to be one of its strengths, has become completely toxic. Employee morale is at an all-time low. The ramshackle "headquarters" in Berlin is certainly not the premises that you would expect one of the most valuable fintechs in the world to be situated in. It's difficult to get to by public transport and you'd be lucky to find a working coffee machine on one of the floors.
Senior employees are leaving by the droves and there seems to be a resignation announcement/farewell party every other week. However somehow management seems to be turning a blind eye and continuing to proceed as if nothing needs to be addressed.
Employees are not fairly compensated (although some departments more so than others) because N26 believes its "brand" on your resume is worth more than fair market pay.
And finally, leads seem to be running around like headless chickens from one crisis to another. This results in unclear priorities and very little work getting done.
I am not sure why N26 is valued so highly - the investors haven't seemed to have looked under the hood. They would have been frightened if they had.