Shared Spaces Beta: a new way to share money

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We’ve launched the beta phase of an exciting new feature, Shared Spaces — a shared sub-account that gives you a new and easy way to manage money with family, friends and loved ones.

Shared banking with the people you trust

This latest feature is an expansion of our much loved Spaces sub-accounts. While the existing feature lets you create personal sub-accounts that hold and set aside money for individual goals, Shared Spaces is a shared banking feature that empowers you to save towards shared goals with your nearest and dearest.

Whether you’re planning your next vacation to Rome with your partner, stashing some cash for Friday night drinks with friends, or splitting utilities and living costs with flatmates, Shared Spaces gives you a simple and flexible way to save up, put aside and share money with others. Giving you control over how you handle finances, it’s another way we’re creating a more personalized banking experience tailored to you and your way of living.

So, how does it work? Soon, N26 You, Metal and Business You bank account holders will be able to invite up to ten people to a space, giving them access to a place where they can collectively share their money. As long as the person is someone you know and trust, you’ll be able to choose any user with an N26 bank account to participate. And all it takes is a few taps on your smartphone — just upgrade to the latest version of the app, create a new space and invite your family or friends.

Shared Spaces is currently being tested with a small group of customers and is expected to be made available to our N26 You, Metal and Business You bank account holders in Europe in the coming months.

When will Shared Spaces be widely available?

As with every new product or feature, it’s important that we spend the right amount of time on development and testing. Shared Spaces is no different, and is currently being tested with small groups of our customers from across Europe. All your early feedback is going to be crucial to help us create the best user experience possible. This will allow us to learn from the way you use the feature, make improvements and make sure the feature fits your needs before we make it more widely available.