This is not the first market this bank has pulled out from. A couple of years ago they stopped signing up people from two EU markets they previously served (Latvia and Lithuania) without any reason. Granted all existing accounts remained untouched, still these accounts get somewhat crippled functionality and their future is unclear. Although their app is great and I didn't have any big issues with the service itself, I'm somewhat wary of keeping any larger sums of money in my N26 account.