Archives

June 4, 2018 @ 4:20 pm By Samantha Hurst  |  

On Monday, CEO of UK Fintech startup Revolut, Nik Storonsky, announced the company is now making plans to apply for a banking license in the U.S.. Revolut has previously announced its intent to expand into the US, along with other companies globally, but this is… Read More

May 24, 2018 @ 7:22 am By Erin Hobey  |  

Earlier this week Digital challenger bank Revolut asked customers to help name its new and exclusive metal card. Now the maverick platform has moved again from metal to crypto: Revolut customers can buy, hold and sell two more cryptocurrencies instantly within the app. In December last year,… Read More

May 10, 2018 @ 5:11 am By Erin Hobey  |  

Revolut, the digital banking alternative, announced that over 150,000 customers have started saving via Vaults since its launch in April. The feature enables users to round up and save the spare change from every card purchase and has already lead to Revolut customers saving over… Read More

April 26, 2018 @ 7:45 am By JD Alois  |  

Revolut revealed its most recent funding round today as it raised $250 million at a valuation of $1.7 billion. In many ways, the success of Revolut is emblematic of the power and potential of investment crowdfunding. Until today’s Series C round, each successive funding round… Read More

April 26, 2018 @ 7:24 am By JD Alois  |  

Revolut has claimed Unicorn status. The UK based digital challenger bank has raised $250 million at a valuation of $1.7 billion making it one of the fastest UK Fintechs to top the billion dollar mark ever. Launched in 2015, Revolut will next expand in the… Read More

April 17, 2018 @ 1:00 am By JD Alois  |  

Revolut’s newest feature Vaults a saving enabler that allows users to round up and save their spare change from everyday purchases. The service is available for any of Revolut’s 25 supported fiat currencies as well as the popular digital currencies Bitcoin, Ether and Litecoin. Revolut say… Read More

April 12, 2018 @ 2:00 am By JD Alois  |  

Cash is king no more. Today’s society is all about mobility and the digitization of all forms of finance. How consumers spend and manage their money has changed dramatically in recent years and that pace of change is accelerating. Revolut is a new breed of… Read More

March 22, 2018 @ 8:36 am By JD Alois  |  

Mosaic Smart Data, a London based Fintech that helps financial institutions in adapting to regulatory change, has won the inaugural InvestHK UK Fintech Awards.  The recognition was revealed by InvestHK  along with the UK Department for International Trade. The competition received 30 submissions from UK based… Read More

March 22, 2018 @ 7:49 am By JD Alois  |  

Digital challenger bank Revolut will now allow customers to setup and pay online with disposable virtual cards.  According to Revolut, after each transaction, existing card details will be destroyed and new  card details automatically generated. Revolut is offering the new service in a unique way… Read More

March 20, 2018 @ 9:48 am By Erin Hobey  |  

UK Fintech Week 2018 is going strong (follow twitter at #IFGS20); one expects exciting developments and updates. Last week digital challenger bank Revolut announced that it was facilitating easy monthly payments such as phone bills, utilities and other regular services. This morning Revolut launched a new,… Read More

March 15, 2018 @ 3:00 am By JD Alois  |  

Digital challenger bank Revolut has announced EUR Direct Debits or European customers thus facilitating direct debits for automated payments. The traditional bank alternative now facilitates easy monthly payments such as  phone bills, utilities and other regular services. Revolut points out they already allow European customers… Read More

January 31, 2018 @ 10:47 am By Erin Hobey  |  

Revolut officially launched its cryptocurrency feature, allowing all Revolut customers to buy, hold and exchange cryptocurrencies in-app in seconds, as the innovative fintech platform sticks to its mission and continues to disrupt traditional banking by mainstreaming cryptocurrencies. “We have been amazed by the incredible demand… Read More

January 17, 2018 @ 2:04 am By JD Alois  |  

Digital only challenger bank Revolut has released a new featured today – one that is designed to be simple to use and cost effective. Revolut has announced that users may now activate travel insurance for just £1 per day. The insurance is available at the… Read More

December 10, 2017 @ 3:30 pm By JD Alois  |  

On December 1st, the Royal Bank of Scotland (RBS) announced it would close 62 RBS branches and 197 NatWest branches. The shuttering of these bank branches is not unique to RBS and is indicative of the global Fintech revolution. This is not the first time… Read More

December 7, 2017 @ 2:30 am By JD Alois  |  

Revolut knows the future of banking is a digital only world with a feature rich mobile ecosystem. Give people what they need and want in online bank and they will keep coming back in droves. Today, as we alluded to last week, Revolut is officially… Read More

November 24, 2017 @ 2:00 am By Erin Hobey  |  

Revolut, the digital banking challenger, has signed up 1 million customers across Europe and reportedly saved consumers over £120m in hidden fees as the innovative fintech continues to disrupt traditional banking. London-based Revolut is now signing up between 3,000 and 3,500 new users every day, an… Read More

November 8, 2017 @ 3:00 am By JD Alois  |  

Digital only challenger bank Revolut is rattling the cage of old finance once again by filing for a European Banking License. The Fintech firm has shared that their application is expected to be approved by the first half of 2018 as it pursues its mission… Read More

October 26, 2017 @ 2:00 am By JD Alois  |  

Digital only challenger bank Revolut is reporting solid interest in its online banking business. According to the company, 16,0000 business customers have signed up for its service in just 4 months. Revolut estimates this has saved these business over £1 million in fees in aggregate…. Read More

September 6, 2017 @ 6:00 am By Erin Hobey  |  

Americans and expats will soon be able to send free international money transfers, exchange currencies with the real exchange rate and spend without fees anywhere in the world, according to London-based Revolut, who announced that its pre-registration for American customers is now live. “America is… Read More

May 30, 2017 @ 10:01 am By JD Alois  |  

Revolut, the app-based digital only bank, has announced an “industry first” partnership with pension manager PensionBee. Revolut explains that the move allows their users to easily manage their pension plans by finding and combining into a single online plan. Of course this is all accessible… Read More