Search Results for: revolut

May 28, 2020 @ 7:32 am By Omar Faridi  |  

  Data from leading UK-based digital bank Revolut shows that the cryptocurrency trading habits of its users have changed, following the COVID-19 outbreak. Nearly a third or over 30% of Revolut’s 10 million finance app users have been trading virtual currencies. The neobank’s app has… Read More

May 25, 2020 @ 1:29 pm By Omar Faridi  |  

Many large banks in the United Kingdom appear to be falling behind their all-digital competitors when it comes to providing better overall customer service, which includes the ability to allow clients to quickly open new accounts – according to a recent review performed by Peter… Read More

May 20, 2020 @ 9:10 am By JD Alois  |  

Digital Bank Revolut has integrated with Clear Books the cloud-based accounting system. The feature will enable Revolut’s more than 400,000 business accounts to seamlessly view and manage reports and track expenses and bills. Clear Books will now sit alongside Xero, Slack, FreeAgent, Zapier and other… Read More

May 12, 2020 @ 7:34 am By Omar Faridi  |  

UK-based digital bank Revolut, which was most recently valued at $5.5 billion, has reportedly laid off around 60 workers, as the COVID-19 outbreak appears to have negatively impacted the firm. Nikolay Storonsky, the Russian  CEO at Revolut, announced the layoffs on May 11, 2020, according to… Read More

May 4, 2020 @ 7:28 am By JD Alois  |  

Revolut, a digital bank with 12 million users worldwide, is taking the next step in becoming a true bank by utilizing its European bank license in Lithuania. Previously, Revolut has been offering most services with an e-Money license. Revolut said it intends to passport its… Read More

May 3, 2020 @ 3:33 pm By JD Alois  |  

Last week, FT Partners, a Fintech focused investment bank, held a Zoom presentation where more than 5,000 individuals registered to attend. The interest in the presentation was, of course, driven by the speakers: Nik Storonsky, founder and CEO of Revolut and Chris Britt, founder and… Read More

April 28, 2020 @ 7:43 am By Omar Faridi  |  

Digital bank Revolut has reportedly partnered with Adzooma, a digital advertising platform, in order to provide assistance with marketing to its business clients. Adzooma’s proprietary software has been developed specifically to help SMEs with establishing effective online marketing strategies. The Adzooma platform may be used… Read More

April 14, 2020 @ 8:00 am By JD Alois  |  

Digital bank Revolut has announced a partnership with Medecins Sans Frontieres (MSF) (Doctors without Borders) to provide support for communities affected by the COVID-19 pandemic. Revolut customers in EEA countries will be able to donate via an in-app feature to help people in need during… Read More

April 13, 2020 @ 1:37 am By Omar Faridi  |  

Digital bank Revolut allows its 7 million customers to purchase cryptocurrencies. This, as reserve banks across the globe have announced huge stimulus packages to support their struggling economies, following the deadly Coronavirus (COVID-19) outbreak. This support from Revolut, which is notably one of Europe’s most… Read More

April 5, 2020 @ 9:53 pm By Samantha Hurst  |  

Digital bank Revolut recently announced plans to move non-UK customers in Central and Eastern Europe in its newly licensed Lithuanian entity before the end of the Brexit transition period in December 2020. The company went on to share more details about its response to Brexit…. Read More

March 26, 2020 @ 8:15 am By JD Alois  |  

Digital bank Revolut has partnered with the Trussell Trust food bank in the UK to enable Revolut users to donate in-App to individuals in need. Revolut made the decision to implement a direct donation feature in light of the ongoing COVID-19 pandemic. The company says… Read More

March 24, 2020 @ 8:46 am By JD Alois  |  

Revolut, a top digital-only bank operating across Europe and several other countries around the world, has “officially” launched in the US. Last month, Revolut revealed a huge half-billion dollar funding round to help finance its expansion plans. In 2019, Revolut opened up its US services… Read More

March 18, 2020 @ 12:15 am By JD Alois  |  

Digital bank Revolut is looking to teach the youth safe ways to manage their money. As society transitions away from physical banks to ubiquitous, app-based financial services, Revolut sees an opportunity to accelerate money management skills for life. Today, Revolut is launching “Revolut Junior” –… Read More

March 17, 2020 @ 11:36 pm By Omar Faridi  |  

Oman’s Ministry of Technology and Communications (MTC) has committed to a memorandum of cooperation (MoC) with BankDhofar at the Sas Center for the 4th Industrial Revolution (4IR), in order to manage a technology innovation lab at the center. The MoC was reportedly signed by Dr…. Read More

March 17, 2020 @ 7:32 am By Omar Faridi  |  

Leading digital bank Revolut has been rolling out new features for its digital banking platform. The bank recently introduced new features that allow users to earn cashback or avail special discount offers when they spend. Revolut has also launched a new gold trading service for… Read More

March 16, 2020 @ 7:28 am By Omar Faridi  |  

Fintech unicorn Revolut is now allowing its Premium and Metal customers to purchase and sell gold from directly within its app. Gold has recently risen in price as investors have sought safe havens from the COVID-19 driven market crash. The app’s users can get exposure… Read More

March 10, 2020 @ 7:38 am By JD Alois  |  

Digital Bank Revolut has added “Perks” to all UK customers according to a company release. Perks is a loyalty feature offered by the bank providing cashback and discounts on various branks. These include travel related offers, food and beverage, fitness and more. Revolut customers “unlock”… Read More

February 24, 2020 @ 8:40 pm By JD Alois  |  

Leading UK based digital bank Revolut has closed on a $500 million series D funding according to a note from the company. The Fintech was valued at $5.5 billion making it one of the most valued private Fintechs in the world. Funding was led by… Read More

February 16, 2020 @ 10:58 am By Timothy Li  |  

Part 7 of a series of articles covering the fast-emerging Fintech ecosystem in Latin America. First I want to thank FinnoSummit and LendIt and all the attendees to give us a glimpse of what’s coming to this all so important part of the world, Latin… Read More

February 11, 2020 @ 1:36 am By Omar Faridi  |  

Leading UK-based digital bank Revolut has introduced a new Open Banking feature, which will allow users to view their bank accounts from other financial service providers from within the banking challenger’s app. Revolut partnered with financial API developer TrueLayer to allow all of its retail… Read More