I’m excited to announce that I’ll be taking on the Chief Technology Officer (CTO) role for N26 (formerly Number26), Europe’s first mobile bank with a full European banking license, and who is setting new standards in banking.

I’m joining an exciting and talented team based in Berlin, Germany – one of the favourite start-up cities in Europe. In my new role, I’ll draw upon more than a decade of my consulting experiences with the well-respected and industry-changing technology firm, ThoughtWorks – best known for leading the adoption of agile ways of working (particularly its technical practices), publishing open-source software like CruiseControl (the first widely used Continuous Integration servers) and Selenium (well-known automated web-testing tools), and sharing ideas through books like Continuous Delivery and the Lean Enterprise. I’m really looking forward to applying my experiences guiding organisational design, building evolutionary architectures, developing technical leaders all while sustainably delivering value for our customers.

What will be different?

After many years as a consultant, I realise that working with a product organisation is a different beast. I look forward to having some responsibility to instigate and guide changes throughout the organisation and living out the long-term consequences (both good and bad!) of my actions. I know that this is often a missing feedback loop for consulting. In my role, I’ll be able to invest more in challenging and growing people and building out new technical and organisational capabilities.

I also look forward to spending a bit more time “at home”. I still expect to travel for my new role, still speak at some conferences but I hope I will have a bit more say as to when and where I’ll travel to, based on our business needs rather than where clients happen to be based. Did I mention that I’ll also be based in Berlin, and it’s a great city with a very good balanced lifestyle? I might even get a chance to further develop my German again.

Why FinTech and N26?

As a consultant, I was always skeptical about having significant long-term impact on established financial companies. With teams, or parts or the organisations, yes. With a 10,000+ person company, less so. The exciting part about working with N26 is that I will work with a strong management team to prevent unnecessary bureaucracy and to let people focus on adding value to the product and organisation. We benefit from not supporting certain types of legacy, and building software with Continuous Delivery and modern technologies first. I’ll be helping guide us away from the traps and pitfalls I have seen many customers suffer from in the last decade.

The N26 Black Card

I also like the fact that N26 is growing fast, and has already proven to meet customer needs, where all growth has been organic so far with very little advertising. Did you know that we recently hit 500,000 customers? It’s also one of the first mobile-first startup banks with a European banking licence, which opens up a world of opportunity that a lot of other FinTech banking products do not yet have.

Here’s what TechCrunch wrote two years ago:

N26 (Number26) could be the best banking experience in europe – Tech Crunch

Bank of the future

In case you can’t tell, I’m really delighted to be leading the technology organisation behind the bank of the future. The team has already accomplished a lot so far, and I look forward to working with the team to do even more. We’re going to build an exciting place to work in the FinTech sector and have a huge impact on our ever-growing customer base across Europe. If you’d like to be a part of the N26 team and join me on this journey, did I mention that we are hiring?

Drop me a line on twitter @patkua (DM’s open), or on my email address if you’re even curious. Berlin’s a great city to live and N26 is a great place to work while you’re there.