Archives

December 4, 2020 @ 11:49 am By JD Alois  |  

Revolut Business is challenging established payment platforms with its new feature that enables business accounts to accept payments that are deposited directly into their accounts. Yesterday, Stripe announced a service to provide digital banking to its customers. Today, Revolut is challenging Stripe and others by… Read More

December 3, 2020 @ 8:23 am By Omar Faridi  |  

Prominent digital bank Revolut has appointed former Citigroup executive Rebecca Macieira-Kaufmann to its US board of directors. Macieira-Kaufmann has worked at Citigroup as a senior management professional for the past 12 years. She has served as the Head of the bank’s International Personal Bank in… Read More

December 1, 2020 @ 7:01 pm By JD Alois  |  

Digital bank Revolut has announced an early salary feature available to UK customers. The new feature means that Revolut’s UK customers can access their salaries and all payments made over the Bacs payment scheme a working day earlier than usual. In the case where they… Read More

November 24, 2020 @ 11:25 pm By Omar Faridi  |  

  Prominent digital bank Revolut is reportedly planning to hire several senior management professionals in Singapore. The UK-headquartered Fintech Unicorn noted that it’s looking to recruit senior-level executives for managing its operations in the city-state. As first reported by Tech in Asia, Revolut also plans… Read More

November 21, 2020 @ 5:31 pm By Omar Faridi  |  

London-headquartered digital bank Revolut has partnered with global online advertising platform, Adzooma, so that the bank’s business customers can get special advertising cashback incentives. This is notably the first marketing-focused incentive scheme that Revolut Business has introduced while working with a trusted partner. It’s also… Read More

November 19, 2020 @ 9:01 am By Omar Faridi  |  

Prominent digital bank Revolut has confirmed that it will support Open Banking for its customers in Germany. According to a release, the new Open Banking features will allow Revolut’s German customers to easily connect their accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse with… Read More

November 17, 2020 @ 10:18 am By JD Alois  |  

Digital bank Revolut has announced the launch of Google Pay for customers in Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal and Romania. The Fintech claims to be one of the first financial services firms to offer Google Pay as a service within their… Read More

October 19, 2020 @ 3:40 pm By JD Alois  |  

The United States has one of the most fragmented regulatory environments for financial services in the world. Frequently, a financial service provider will need to adhere to both state and federal rules along with an alphabet soup list of regulators. While the current leadership of… Read More

October 9, 2020 @ 8:06 am By Samantha Hurst  |  

Digital bank Revolut has formed a new partnership with Fireblocks, a platform for securing digital assets, to securely expand its cryptocurrency services to 13 million global retail users. Revolute will be using Fireblocks’ MPC-based wallet and network infrastructure to support the introduction of services. “As… Read More

October 8, 2020 @ 3:18 pm By Samantha Hurst  |  

Digital bank Revolut announced on Thursday its service Revolut Junior has launched a new feature called Goals, which offers an “easy and fun way” to learn about savings. According to Revolut, Revolut Junior is designed for young people ages 7 to 17 years old and… Read More

October 6, 2020 @ 9:10 am By JD Alois  |  

Digital bank Revolut has launched a new feature that enables its users to track subscriptions and re-occurring payments to more easily manage these expenditures.  The “Subscriptions” feature organizes these charges in a single location so users can see how much they are spending and on… Read More

September 10, 2020 @ 8:24 am By Omar Faridi  |  

Prominent digital bank Revolut has reportedly launched services in Japan, as it continues to move forward with its ambitious global expansion plans. The Fintech Unicorn had first acquired a license to offer services in the country back in 2018. Revolut’s management confirmed that its services… Read More

September 3, 2020 @ 11:05 am By Samantha Hurst  |  

Digital bank Revolut announced on Thursday it has reached a new milestone by signing up a total of 500,000 business customers. The company noted that the milestone demo states considerable growth of its Revolut Business since it made its debut in July 2017. Along with… Read More

September 2, 2020 @ 1:54 pm By Samantha Hurst  |  

Digital bank Revolut announced on Wednesday it has added Bitcoin Cash and Litecoin offerings in the U.S. According to Revolut, U.S. customers may now buy, hold, and sell Bitcoin Cash and Litecoin through its platform. You asked for it, so we delivered. We’ve added #BitcoinCash… Read More

August 31, 2020 @ 7:58 am By Omar Faridi  |  

Customers of UK-based Fintech Unicorn Revolut have reportedly experienced delays when trying to get their salaries which were supposed to be paid this past Friday (August 28, 2020). Users had been complaining about having been left in the dark as they might not have received… Read More

August 19, 2020 @ 7:58 am By JD Alois  |  

Digital bank Revolut has launched a new feature called “Group Bills” described as a way to track, split and settle up expenses in a centralised place.  Group Bills seeks to make group expenses easier to manage. Rather than splitting one bill at a time, Group… Read More

August 11, 2020 @ 11:19 am By JD Alois  |  

Revolut, a leading UK based digital bank, filed its annual report yesterday indicating that for the fiscal year 2019 revenue jumped alongside a growing annual loss. According to the Fintech, in 2019, revenue nearly tripled to £162.7 million vs. £58.2 million in 2018. The operating… Read More

August 7, 2020 @ 6:14 pm By Omar Faridi  |  

Fintech advisor Efi Pylarinou claims that digital bank Revolut is leading the “re-bundling” race among Europe based financial technology service providers. Pylarinou notes: “As technology [continues to] commoditize products and services at an ever increasing rate, re-bundling catch up is the name of the game… Read More

August 4, 2020 @ 7:37 am By JD Alois  |  

Revolut has partnered with TrueLayer, a financial service API provider, to incorporate open banking features in Italy. According to a release issued by the digital bank, Revolut customers in Italy will now be able to connect their Intesa Sanpaolo, UniCredit, UBI Banca, Banco BPM, Poste… Read More

July 28, 2020 @ 8:08 am By JD Alois  |  

Digital bank Revolut has announced a new price comparison feature for its users. Working with Decision Tech, Revolut has launched “Essentials”  to enable users to more easily switch and save on various services such as gas, electricity, and broadband. The Essentials feature is available now… Read More