While the company is already accused of not fighting enough against money laundering, the online bank N26 announced on Tuesday the establishment of enhanced surveillance in order to "limit" the risks associated with its rapid growth.

The German financial regulator Bafin has appointed a “special representative” to oversee the activities of N26. Bafin has multiplied warnings to N26 in recent months. In concrete terms, the regulator fears that the “rapid growth” of the neobank will prevents it from facing certain "operational risks", for example in the event of a financial shock.Bafin has also imposed on the bank to reduce its recruitment of new customers to "50,000 per month" to slow this growth.