Search Results for: Revolut

Digital Bank Revolut Joins Ledger Live as a Buy Provider

Ledger announced that Revolut, one of the world’s leading fintech solutions for digital payments, will join Ledger Live as a buy provider. This collaboration aims to further our mission of complete self-custody “for people’s financial assets and make buying crypto easier and more accessible than… Read More

Digital Bank Revolut Now Valued at $45 Billion After Share Sale By Company Workers

Digital bank Revolut has reportedly secured a $45 billion valuation in a share sale by company workers, beating an overall fintech industry downturn and solidifying its position as Europe’s most valuable startup venture. This, as the UK government aims to convince it to pursue a… Read More

Digital Bank Revolut Introduces Cash Deposits for UK Clients

Revolut, the global fintech with more than 9 million UK customers and 45 million internationally, announced the launch of cash deposits for all UK clients. This update from Revolut comes after the recent news that the Fintech firm has received a UK banking license. With… Read More

Revolut Receives UK Banking License with Restrictions

Revolut has received a UK banking license. The global Fintech now enters the PRA’s ā€˜mobilization’ stage, “having received authorization with restrictions, designed for new banks to complete the build out of their banking operations.” During this mobilization stage nothing changes for Revolut UK customers. Revolut,… Read More

Revolut CEO Nik Storonsky Now Focused on Quantitative Investment Initiative for Early-Stage Firms

Nik Storonsky, the CEO of Revolut, has spent the last ten years focused on disrupting the traditional banking / financial services sector with various innovations. The Fintech billionaire and ex- Lehman Brothers trader is now looking to enhance the existing venture capital space. Storonsky has… Read More

Revolut Reports Revenues Surpassing $2.2B with Profits of $545M in Past Year

Revolut has released its Annual Report for the year ending 31 December 2023. Nik Storonsky, CEO of Revolut, said: ā€œThis year, we took our biggest steps yet on our mission to deliver the best product and the best customer experience at great value to customers,… Read More

Revolut Commits to Global HQ in Canary Wharf, as UK Customer Base Reportedly Reaches 9 Million

Revolut, a global Fintech company with over nine million UK customers and 40 million around the world, has announced it will relocate its global headquarters to the newly refurbished YY London building in the centre of Canary Wharf, committing to a ten-year lease. The move,… Read More

Digital Bank Revolut Is Reportedly Targeting $40B Valuation via Share Sale

Digital bank Revolut is reportedly looking to become the most valuable startup in Europe with a target valuation of around $40 billion. This according to a report from the FT. Sources that claim to be familiar with these plans reportedly told the FT that Revolut… Read More

Revolut Introduces Wealth Protection to Prevent Unauthorized Access to Client Savings

Revolut, the global fintech with over 8 million UK customers and 40 million globally, isĀ  introducing Wealth Protection, which is described as an extra layer of in-app identity verification, designed to prevent thieves from accessing customer savings within the Revolut app. Wealth Protection will help… Read More

Revolut Introduces Fiat-to-Crypto On-Ramp to MetaMask Wallets

Digital bank Revolut has reportedly integrated with self-custody crypto wallet MetaMask, allowing clients to replenish their holdings with crypto-asset purchases via their Revolut accounts. According to the update, the integration offers a frictionless on-ramp for fiat-to-crypto purchases to the MetaMask Wallet, enhancing the process of… Read More

Revolut Introduces New Cryptocurrency Trading Platform for UK Retail Clients

Revolut has launched Revolut X, which is described as a standalone / independent cryptocurrency trading platform that’s offered to the Fintech firm’s UK retail clients. Revolut launched in the United Kingdom, providing fund transfers back in 2015 and started enabling users to purchase, hold and… Read More

Revolut Reportedly Expects to Increase Global Headcount by 40% in 2024

Revolut, the global Fintech with over 8 million UK customers and 40 million globally has today announced it expects to boost its global headcount by 40% in 2024. The announcement comes as Revolut reportedly “reaches 10,000 employees globally and continues to grow its workforce, all… Read More

Digital Bank Revolut Releases Financial Crime and Consumer Security Report

Revolut, the global financial app with more than 40 million customers worldwide, hasĀ  announced the release of its first Financial Crime and Consumer Security Report, containing exclusive scam and fraud insights. The report, based on extensive internal research and data analysis, “aims to shed light… Read More

Revolut Business to Assist Clients in Malta with Managing Finances

Revolut Business, the “borderless” financial super app for businesses, recently noted that they are focusing on markets in Malta. Revolut Business says they’re bringing clients the “one and only” platform they need to manage their business finances, so customers can: Exchange, send, and spend money… Read More

Revolut Introduces AI Feature to Protect Clients from Card Scams

Revolut, the UK’s fintech with more than 35 million customers worldwide, has recently announced the launch of an advanced scam detection feature to help protect customers from card scams. Revolut customers can now experience “an added layer of security protection, on top of the technology… Read More

Revolut Introduces Robo-Advisor Service in the EEA to Automate Investing

Revolut has launched Robo-Advisor service in the EEA, to automate investing tailored to customer needs. The new product is advantageous for those who “don’t have the time to actively invest, or have limited or no trading experience.” Revolut’s Robo-Advisor assigns “a portfolio taking into account… Read More

Revolut to Introduce Digital Assets Exchange, Expected to Include Tools for Professional Crypto Traders

Revolut is reportedly preparing to introduce a digital assets exchange that will aim to serve advanced or professional crypto traders. As widely reported, Revolut already provides standard cryptocurrency-focused services to around 30 million clients. The new crypto exchange will reportedly aim to provide competitive fees… Read More

Digital Bank Revolut to Offer eSIMs and Global Data Plans to UK Clients

Revolut, a digital bank/neobank with over 35 million customers worldwide and 8+ million in the United Kingdom, is offering eSIMs and global mobile data plans to its UK clients. Revolut eSIM enables clients to roam like a local user and stay connected without having to… Read More

Digital Bank Revolut and Sabre to Provide Benefits to Travel Agencies via Virtual Payments

Sabre Corporation (NASDAQ: SABR), a software and technology provider that powers the global travel industry, and Revolut, a global fintech company that offers banking services, announce the results of their partnership, which is “propelling the B2B payments process for travel agencies.” The two tech companies… Read More

Digital Bank Revolut to Offer Payment Technology to Aer Lingus Clients

Revolut, the global financial super app, has today announced a partnership to offer its Revolut Pay payment technology to Aer Lingus customers. Revolut Pay will enable customers of Ireland’s flag carrier “to pay at checkout with just one click.” Revolut’s 2.5 million Irish customers and… Read More

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