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№02 · HEAD-TO-HEAD · Edition №08 · Updated 11 March 2026

N26 vs Airwallex.

N26 (N85/100) and Airwallex (A77/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. N26 leads Airwallex 7-1.

Quick verdict N26 7–1
Score 01 of 1
Fees 01 of 4
Protection 01 of 2
Reach 12 of 3
UX 02 of 2
Airwallex N26
Banks compared 2 banks · 12 dimensions
A Airwallex 77/100 N N26 85/100 + Add a third bank
Tally · who wins more rows12 dimensions compared
AAirwallex
12 tie · 9 loss
NN26
72 tie · 3 loss
Winner: N26 Closest gap: 6rowsEdition №08
A
Airwallex №14 · FCA 77 /100
N
N26 №03 · BaFin 85 /100
Score
Composite score Out of 100 77 /100 85 /100
Fees
Monthly fee Cheapest paid tier (€0 if free) €0 Free tier €0 Free tier
FX markup Debit card abroad 0.40% Interbank
Free FX / month EUR equivalent €0 €0
Free ATM Before fee kicks in
Protection
Banking licence Tier Partner-bank FCA Full bank BaFin
Deposit guarantee Per depositor €100,000 SG.SDIC €100,000 EU.DGS.DE
Reach
Markets served Licensed jurisdictions 50 countries 24 countries
Crypto Coins available No 400 coins
Stocks & ETFs Self-directed No Yes
UX
Trustpilot Customer score 4.0 ★ 5k reviews 4.1 ★ 130k reviews
App store iOS + Android avg 4.5 ★ iOS 4.6 · And 4.4 4.6 ★ iOS 4.8 · And 4.4
Read review Read review

Pick Airwallex if…

Airwallex №14

The global multi-currency payments and operating-account platform with the broadest footprint in the SMB category — 23 currencies, local accounts in 10+ jurisdictions, local-account receiving in 60+ countries, multi-jurisdiction licensing (AU AFSL + MAS MPI + HKMA MSO + FCA EMI + US state money-transmitter), volume-based FX pricing, and issuing API for embedded card programmes. Structurally the most comprehensive cross-border AP / AR platform in the category, sitting between Wise Business (consumer-and-SMB cross-border) and Stripe (acquiring + payments) in the global-SMB stack. The embedded-finance API is the structural moat versus Aspire and Wise Business — marketplaces and SaaS platforms build payouts and card-issuing on Airwallex infrastructure rather than running multiple regional bank relationships.

Pick N26 if…

N26 №03

Pick if you want a German credit institution and a DE IBAN that every European employer recognises without question.

Best at a glance Axis-by-axis winner — ties skipped.
  • Best for fees N26 won 1 of 4
  • Best for protection N26 won 1 of 2
  • Best for reach N26 won 2 of 3
  • Best for ux N26 won 2 of 2
Frequently asked

N26 vs Airwallex — FAQ

Quick answers to the four questions the search-bar asks most about a head-to-head.

Is Airwallex better than N26?

Under our v3 methodology, N26 leads Airwallex 7–1 across 12 dimensions. Composite scores: Airwallex 77/100 vs N26 85/100. N26 is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.

Is Airwallex or N26 cheaper?

Monthly fee — Airwallex: €0; N26: €0. Card FX markup — Airwallex: 0.40%; N26: Interbank. N26 wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.

Which is safer for deposits, Airwallex or N26?

Airwallex holds a Partner-bank licence under FCA; deposit guarantee per depositor: €100,000. N26 holds a Full bank licence under BaFin; deposit guarantee per depositor: €100,000. N26 is the stronger pick on regulatory protection.

Where can I use Airwallex and N26?

Airwallex operates in 50 countries; N26 operates in 24 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.

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