Challenger bank N26 finally adds French IBANs

After obtaining its banking license in 2016, fintech startup N26 started offering bank accounts to anyone in the Eurozone. But because of the German banking license, clients received a German International Bank Account Number (IBAN) that started with the letters DE.
That shouldn’t be an issue as Germany is part of the Single Euro Payments Area (SEPA), meaning that anyone with a European IBAN can send money to anyone with another European IBAN. In reality, European financial institutions — and their customers — suffer from IBAN discrimination.
For instance, a utility company sometimes does

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