Tagged: revolut

October 11, 2023 @ 9:29 am By Omar Faridi  |  

Digital bank Revolut has introduced the updated version of its app — Revolut 10 — for its 35 million+ international clients. Revolut noted that clients had asked for all things money made easy, so they challenged themselves to see how easy they could make Revolut… Read More

October 5, 2023 @ 9:42 am By Omar Faridi  |  

Digital bank Revolut has reportedly made a deal with primary backer SoftBank on a change to the latter’s shareholding, a strategic move that will clear away a significant barrier in the fintech firm’s pursuit of a UK banking license. The Bank of England’s Prudential Regulation… Read More

October 4, 2023 @ 9:55 am By Omar Faridi  |  

Digital bank Revolut is under scrutiny from the UK’s Financial Conduct Authority (FCA) for allegedly allowing money to “leave accounts flagged as potentially being used by scammers.” The Lending Standards Board (LSB) oversees the CRM Code, which is reportedly “the only set of protections requiring… Read More

October 1, 2023 @ 7:35 pm By Omar Faridi  |  

Digital bank Revolut is reportedly engaged in discussions with the UK’s financial regulator regarding potential failures that enabled funds to be released from customer accounts identified by the National Crime Agency as suspicious. This latest development is now part of several issues that impact the… Read More

September 21, 2023 @ 8:31 am By Omar Faridi  |  

Digital bank Revolut, the provider of the global financial super app with 30 million clients  throughout the world, announced an expansion of its professional team as it prepares to develop various European mortgage products. With a goal to streamline mortgages and offer clients with frictionless… Read More

August 10, 2023 @ 2:28 pm By JD Alois  |  

Revolut, a neobank super-app that also holds a banking license in Lithuania, says Latin America is a key region for its growth going forward.  Revolut launched operations in Brazil, the largest country in Latin America, this past May. Latin America has experienced dramatic Fintech growth… Read More

August 5, 2023 @ 1:59 pm By Omar Faridi  |  

UK-based digital bank Revolut will reportedly stop US clients from accessing cryptocurrencies. This, according to an official statement from the firm that was issued on Friday (August 4, 2023). Revolut has cited the current US regulatory environment and the overall crypto market uncertainty as the… Read More

August 2, 2023 @ 9:10 am By Omar Faridi  |  

Revolut, the global financial super app with more than 30 million customers worldwide, has partnered with the charity match Game4Ukraine, which will take place on August 5th at Stamford Bridge Stadium in London. Two teams lineup, captained by ambassadors of the fundraising platform UNITED24, Andriy… Read More

July 26, 2023 @ 7:52 am By Omar Faridi  |  

Revolut, the global financial super-app with more than 30 million customers globally, consistent with its ongoing mission to give customers more control over their finances and connect people seamlessly across the world, announces it is “offering accounts to non-US citizens in the US, who do… Read More

July 13, 2023 @ 10:10 am By JD Alois  |  

Apple (NASDAQ:AAPL) has expanded its Tap to Pay service by offering the product in the UK.  The first two platforms offering the service are Revolut and Tyl by NatWest. Revolut is a top Fintech providing banking services in the UK and around the world. Tyl is… Read More

July 6, 2023 @ 7:49 am By Omar Faridi  |  

Digital bank Revolut recently revealed that it has expanded its financial services in Germany by offering personal loans. As noted in the update from Revolut, existing clients may now apply for loans, which can range anywhere between €1,000 and €50,000 via the platform’s Fintech app… Read More

July 5, 2023 @ 9:00 am By JD Alois  |  

Part of the largest securities crowdfunding operation in the world, Seedrs has announced that it has topped 2000 successful securities offerings on the platform. Part of the Republic group of companies, the combination of the various platforms make Republic/Seedrs the largest online capital formation provider… Read More

July 4, 2023 @ 11:29 am By Omar Faridi  |  

Digital bank Revolut will stop offering Solana (SOL), Cardano (ADA), Polygon (MATIC) tokens to US clients. Revolut has reportedly cited Bakkt’s recent decision to delist the digital tokens, as they’re considered to be unregistered securities by the US Securities and Exchange Commission (SEC). The UK-based… Read More

July 3, 2023 @ 10:37 am By Omar Faridi  |  

Revolut, the global financial super app with more than 30 million customers worldwide, has launched its services in New Zealand, “delivering Kiwis a first of its kind digital money experience.” For the first time ever, New Zealand residents will “get access to Revolut’s seamless, safe… Read More

June 30, 2023 @ 10:47 pm By Omar Faridi  |  

Revolut, the global financial super-app with more than 30 million customers globally, has launched a Robo-advisor in the US. The new feature “manages investment portfolios on behalf of customers to remove the friction from investing with lower fees than traditional companies.” Based on responses from… Read More

June 30, 2023 @ 7:54 am By Omar Faridi  |  

Qover, the Insurtech that is transforming the insurance industry with its orchestration technology, has announced a second partnership with Revolut, the global financial super app with more than 30 million retail customers worldwide, “to provide embedded insurance for its new trip and event cancellation cover.”… Read More

June 16, 2023 @ 9:34 am By Omar Faridi  |  

VC firm Molten Ventures has reportedly written down its current holding in digital banking platform Revolut by a sizeable 40%. This move is adding to the Fintech firm’s recent challenges as it struggles to obtain a UK banking license. Molten Ventures has discounted the value… Read More

June 2, 2023 @ 9:39 am By Omar Faridi  |  

Revolut, the global financial super app, has reportedly surpassed 30 million retail customers worldwide, and is now “processing over 400 million transactions a month.” While these figures are significant, Revolut has been unable to secure a banking license in the UK (where its headquarters are… Read More

May 19, 2023 @ 12:48 pm By Omar Faridi  |  

Fintech firm Revolut has introduced multi-currency business accounts in Australia and signaled its intention to acquire a banking license in the country. The new business account allows companies to exchange as much as A$75,000 per month, with head of Revolut Business James Gibson revealing to… Read More

May 13, 2023 @ 2:47 pm By Omar Faridi  |  

Revolut announced its strategy for France over the next few years, including the launch of customer credit products towards the end of May 2023. At a recent press conference held in Paris hosted by Antoine Le Nel, VP of growth at Revolut, Le Nel said… Read More