Tagged: revolut

Revolut Announces Global Payments Partnership with Travel Platform Booking.com

Revolut, the global fintech currently claiming more than 65 million global customers and various business customers, has announced a global payments partnership with one of the world’s online travel platforms, Booking.com. Expanding Revolut’s travel offering for customers, Booking.com customers can now pay via Revolut Pay,… Read More

Revolut Introduces Stablecoin Swap Feature with No Fees on USDT and USDC Transfers

Digital bank Revolut has unveiled a fee-free conversion service for its user base. The UK-based fintech, now serving over 65 million customers worldwide, has scrapped all charges and hidden spreads on exchanges between U.S. dollars and the following stablecoins: Tether’s USDT and Circle’s USDC. This… Read More

Revolut Obtains MiCA License to Introduce Crypto Services in Europe

Digital bank Revolut confirmed recently that it obtained regulatory approval from the CySEC – Cyprus Securities and Exchange Commission as part of the EU’s Markets in Crypto-Assets (MiCA) framework, enabling the UK-headquartered fintech company to provide digital asset services via 30 different European Economic Area… Read More

Revolut Now Approved to Introduce Digital Banking Operations in Mexico

Digital bank Revolut, which enables a global fintech platform with over 65 million retail customers today announced it has received final authorisation from the National Banking and Securities Commission (CNBV), with approval of the Bank of Mexico, to commence operations as a Multiple Banking Institution… Read More

Digital Bank Revolut Approaches End of $3B Funding Round at $75B Valuation

Digital bank Revolut and its backers are said to nearing the completion of a $3 billion fundraising round that reportedly values the UK-based fintech company at $75 billion. Revolut has now started informing investors about the allocation of shares they will be receiving as part… Read More

Revolut’s UK Banking License Delay Unveils Gap between Innovation and Regulation : Analysis

Digital bank Revolut’s growth to more than 65 million users across 38 markets indicates how digital-first banks are transforming global finance. But the Fintech firm’s wait for a full UK banking license exposes a seemingly more pressing issue: how regulatory authorities adapt traditional frameworks to… Read More

Digital Bank Revolut Acquires Swifty, an AI powered Travel Startup

Digital bank Revolut recently announced the acquisition of Swifty, an AI-powered travel agent startup incubated at Lufthansa Innovation Hub (LIH). This latest acquisition by Revolut brings Swifty’s AI tech and Co Founders Stanislav Bondarenko and Tomasz Przedmojski to Revolut, where they will focus on enhancing… Read More

Laffer Curve: UK Continues to Chase Tax Revenue Away as Revolut CEO Domiciles in UAE

The Laffer Curve continues to shed light on how to manage tax policy more effectively. Unfortunately, too few recognize the pragmatech theory that posits a too high tax burden will alter individual behavior. As taxes rise, especially on the affluent, who may relocate easily, this… Read More

Revolut Remains Worst UK Company for Fraud Complaints Claims Which?

Digital bank Revolut has reportedly recorded the highest number of fraud and scam complaints that had been referred to the Financial Ombudsman Service (FOS). Data reviewed by Which? found that fraudulent activity complaints from clients of the digital banking service provider had outnumbered all other… Read More

Revolut Commits £3B to the UK, Bolstering Operations with New Global HQ

Revolut has announced a £3 billion investment in the UK, alongside the opening of its new global headquarters in London’s Canary Wharf. This commitment is expected to create 1,000 high-skilled jobs over the next five years, reinforcing the UK’s position as a hub for Fintech…. Read More

Digital Bank Revolut Reports Steady Growth in Italy and Strategic AI focused Updates

Digital bank Revolut, which has been founded in 2015 by Nik Storonsky, has achieved a significant milestone by surpassing 4 million customers in Italy, making it the fifth-largest bank in the country by client base. This milestone, which includes an additional 1 million users since… Read More

Revolut Submits Application for Banking License to Superintendency of Banking, Insurance and Pension Funds in Peru

Digital bank Revolut continues to focus on solidifying its position as a global fintech company with a series of strategic moves announced recently. Founded in 2015, the company has grown steadily over the years, now reportedly serving millions of customers across a wide range of… Read More

Digital Bank Revolut Obtains In-Principle Approval for UAE Payments License

Digital bank Revolut is making significant strides in its global expansion strategy, with recent developments underscoring its focus on reshaping digital finance and online investing. From securing regulatory approvals in the Middle East to attracting new talent from the cryptocurrency sector and seeing early investors… Read More

Irish Retail Banks Aim to Challenge Revolut with P2P Payments App

Ireland’s retail banks are gearing up to introduce a mobile payment platform called Zip Pay in 2026. This initiative might compete with solutions and services from digital bank Revolut by offering seamless peer-to-peer (P2P) transactions. By pooling resources, institutions like Allied Irish Banks (AIB), Bank… Read More

Digital Bank Revolut to Expand Western European Operations with Key Appointment

Digital bank Revolut has appointed Frédéric Oudéa, former CEO of Societe Generale, as chairman of its newly established Western Europe operation. This new hire underscores Fintech Revolut’s push to challenge traditional brick-and-mortar banks across the region, leveraging Oudéa’s experience in global banking to steer its… Read More

Digital Bank Revolut Unveils Buyback Program, Google Cloud Partnership

Digital bank Revolut is making moves to solidify its position as a global financial services provider while strategically delaying its transition to a publicly traded company. In a series of recent announcements, the company unveiled a share buyback program, deepened its partnership with Google Cloud,… Read More

Digital Bank Revolut Gears Up for Secondary Share Sale at $75B Valuation

Digital bank Revolut is laying the groundwork for a significant secondary share sale, enabling its employees to cash in on their equity at a staggering $75 billion valuation. This move marks another milestone in the company’s journey to solidify its position as one of Europe’s… Read More

Digital Bank Revolut Explores Strategic Expansion Options in the US Market

Digital bank Revolut is actively considering strategies to accelerate its growth in the United States, a market critical to its global expansion plans. According to sources familiar with the matter and cited by Bloomberg, the company is exploring the possibility of acquiring a US-based lender… Read More

Digital Bank Revolut Concludes Audit Tender Process, Appointing EY as Audit Partner for 2026

Following the conclusion of a formal audit tender process, Revolut Group Holdings Ltd has announced the appointment of Ernst & Young LLP (EY) as the Company’s Global Auditor, “effective for the financial year ending 31 December 2026.” A decision was made to commence a formal… Read More

Tensions Over Revolut’s Banking License Could Stall Progress in UK Fintech Sector

The United Kingdom’s fintech industry, often considered one of the most  progressive, is currently embroiled in a dispute that potentially risks undermining its reputation for being a business-friendly environment.  At the core of the issue is global Fintech Revolut, which has been waiting for over… Read More

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