FRANKFURT—German financial regulator BaFin ordered online bank N26 to pay 4.25 million euros ($4.98 million) for delayed reports of suspicious activity in 2019 and 2020 in the area of anti-money laundering, the bank said in a statement.
N26 said the fine was paid in full on July 14, adding all related proceedings have been closed. The bank said the case related to fewer than 50 activity reports, adding that BaFin would make the fine public shortly.
