Tagged: revolut

May 20, 2025 @ 9:18 am By JD Alois  |  

QuantumLight, founded by Nik Storonsky, co-founder and CEO of digital bank Revolut, has announced the closing of a $250 million venture capital fund. According to a release, the money will be utilized to invest in firms in the AI, Web3, Fintech, SaaS and Healthtech sectors…. Read More

May 8, 2025 @ 7:06 am By Omar Faridi  |  

Digital bank Revolut has recently announced key partnerships that underscore its commitment to enhancing user experience, security, and innovation in the financial services sector. By teaming up with Fourthline for identity verification and Lightspark for Bitcoin transactions, Revolut is positioning itself as a Fintech focused… Read More

May 4, 2025 @ 9:03 pm By Omar Faridi  |  

Digital bank Revolut has reportedly turned down investor interest that would have valued the company at approximately $65 billion, according to sources familiar with the matter cited by Axios. This latest decision comes on the heels of a 2024 secondary share sale that pegged the… Read More

April 26, 2025 @ 7:09 am By Omar Faridi  |  

In 2024, Digital bank Revolut cemented its position as a key player in the global neobanking sector, reporting $1.4 billion in pre-tax profit—a 149% surge year-over-year—and revenues of $4 billion, up 72% from 2023. Revolut’s annual report, released on April 24, 2025, highlights steady growth… Read More

April 18, 2025 @ 9:13 am By Omar Faridi  |  

Digital bank Revolut is making significant strides in Brazil with the launch of new financial products aimed at transforming the banking experience for consumers. The company recently introduced subscription plans featuring interest-bearing accounts in Brazilian reais (BRL), metal debit cards, accounts for minors, and benefits… Read More

April 7, 2025 @ 11:00 pm By Omar Faridi  |  

Digital bank Revolut has reportedly achieved significant milestones that underscore its steady growth and strategic vision. Revolut has surpassed one million retail customers in Switzerland, cementing its position as a digital banking solution in the European country. Revolut is also setting its sights on a… Read More

April 1, 2025 @ 8:49 pm By Omar Faridi  |  

Revolut, the global fintech claiming 50 million+ customers, released its Consumer Security and Financial Crime Report, revealing the evolving tactics of fraudsters globally. The report highlights that criminals are increasingly “turning to encrypted messaging services to exploit victims, with the proportion of fraud originating on… Read More

March 30, 2025 @ 11:28 pm By Omar Faridi  |  

Digital bank Revolut continues to make strategic moves in 2025, blending business expansion with product development and innovation. As widely reported, Schroders Capital Global Innovation Trust, once managed by Neil Woodford, boosted its valuation of its Revolut stake by 85%, reportedly implying a $48 billion… Read More

March 17, 2025 @ 8:00 am By Omar Faridi  |  

Digital bank Revolut is focused on its ongoing transformation into a fully-fledged bank with several key strategic developments in 2025. Revolut recently announced a hiring spree in the United Kingdom, reportedly adding hundreds of staff to prepare for the “mobilization” phase of its UK banking… Read More

March 8, 2025 @ 9:53 am By Omar Faridi  |  

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR) over its decision to impose caps on interchange fees for cross-border online payments, as reported by the FT. The move marks a considerable escalation in the ongoing tug-of-war between the payments… Read More

March 3, 2025 @ 5:02 pm By JD Alois  |  

In the US, the number of publicly listed firms has been on the decline for many years now. The number of public firms listed on the London Stock Exchange has experienced a similar drop in the number of listings. This phenomenon has rattled policymakers in… Read More

February 22, 2025 @ 12:24 pm By Omar Faridi  |  

While some of the largest banking institutions continue to support office mandates (and frustrate some workers who aren’t to keen about it), global Fintech Revolut appears to be headed in the opposite direction. Revolut, the London-based Fintech, told its 10,000 workers that it was planning… Read More

February 14, 2025 @ 9:27 am By Omar Faridi  |  

Revolut, the global financial app claiming more than 50 million customers worldwide, has announced expansion of its services to Ukrainians along with a new international donation campaign for Ukraine. Starting now, Ukrainian residents will be able to open a European Revolut account and experience “an… Read More

February 8, 2025 @ 8:48 am By Omar Faridi  |  

Ripple announced a partnership with Revolut and Zero Hash, aimed at expanding the access of its RLUSD stablecoin in the market. This collab marks a significant expansion for the RLUSD, positioning it to enter the crowded stablecoin marketplace, which is dominated by USDT and USDC… Read More

January 29, 2025 @ 7:47 am By Omar Faridi  |  

Revolut, a London-based digital banking platform, is venturing into commercial real estate lending, capitalizing on signs of a potential market resurgence, according to a report from Bloomberg. To spearhead this new initiative, Revolut has appointed Duncan Batty, formerly of M&G Investments, where he led the… Read More

January 25, 2025 @ 5:27 pm By Omar Faridi  |  

Digital bank Revolut, which provides the global fintech platform and super-app claiming over 10 million users in the UK and 50 million worldwide, has significantly enhanced the interest rates for its UK Instant Access Savings account. With rates now as high as 5% AER (variable),… Read More

January 21, 2025 @ 8:19 am By Omar Faridi  |  

Revolut, a digital bank claiming over 50 million customers globally has announced the roll-out of In-App calls to personal customers, a security measure to help customers uncover impersonation scams, and make contact between customer support and customers “more reliable and safer.” Impersonation scams are when… Read More

January 14, 2025 @ 7:29 am By Omar Faridi  |  

Revolut, the global financial super-app, is making significant strides in its mission to redefine and reimagine modern financial services. With its latest product offering tailored for wealth management and private clients, the Fintech company is positioning itself as a solution for individuals seeking sophisticated financial… Read More

January 9, 2025 @ 6:21 pm By Omar Faridi  |  

Pyth Network and digital banking plaform Revolut are focused on enabling the future of mainstream finance. As the boundaries between traditional and decentralized finance blur, Revolut—a global enabler of digital banking—has partnered with Pyth Network as a data publisher to contribute its “trusted price data”… Read More

December 26, 2024 @ 8:05 am By Omar Faridi  |  

Mesh is pleased to announce their latest partnership with Revolut, the global enabler of digital finance. As part of this partnership, Revolut is integrating Mesh Verify in order to enhance wallet ownership verification, not only ensuring a “seamless and secure user experience for their millions… Read More