European digital bank N26 has reached a valuation of $9bn following its latest funding round.
The valuation follows a $900mn raise.
It included Third Point, Dan Loeb, Coatue and Dragoneer.
This is nearly triple its valuation from the previous funding round.
What does this mean?
The business intends to use its new funding to focus on hiring no less than 1000 people around the world, and also says it will prioritise cryptocurrency trading among new features.