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JPMorgan's Chase Sets Q2 2026 Germany Launch With App-Only Bank

The Berlin-based rollout begins with a Tagesgeld savings account to target Germany’s strong saver base.

Overview

  • The company plans to inaugurate its Berlin office by the end of 2025.
  • The service will run as a purely app-based bank with access to human advisors via phone and chat.
  • Chase intends to expand its German product set step by step after launch.
  • Germany becomes Chase’s second European market after the UK, where it reports about 2.5 million customers.
  • The move introduces fresh competition for local retail banks following BBVA’s entry in June 2025.