Archives

September 4, 2025 @ 8:49 am By Omar Faridi  |  

Digital bank Revolut is laying the groundwork for a significant secondary share sale, enabling its employees to cash in on their equity at a staggering $75 billion valuation. This move marks another milestone in the company’s journey to solidify its position as one of Europe’s… Read More

August 28, 2025 @ 7:07 am By Omar Faridi  |  

Digital bank Revolut is actively considering strategies to accelerate its growth in the United States, a market critical to its global expansion plans. According to sources familiar with the matter and cited by Bloomberg, the company is exploring the possibility of acquiring a US-based lender… Read More

August 8, 2025 @ 12:39 am By Omar Faridi  |  

Following the conclusion of a formal audit tender process, Revolut Group Holdings Ltd has announced the appointment of Ernst & Young LLP (EY) as the Company’s Global Auditor, “effective for the financial year ending 31 December 2026.” A decision was made to commence a formal… Read More

August 4, 2025 @ 12:43 am By Omar Faridi  |  

The United Kingdom’s fintech industry, often considered one of the most  progressive, is currently embroiled in a dispute that potentially risks undermining its reputation for being a business-friendly environment.  At the core of the issue is global Fintech Revolut, which has been waiting for over… Read More

July 22, 2025 @ 1:33 am By Omar Faridi  |  

Digital bank Revolut is making significant strides in its European growth strategy, marked by the establishment of a new Western Europe headquarters in Paris, a major recruitment drive, the appointment of an experienced CEO, and the launch of branded ATMs in Spain. These developments underscore… Read More

July 12, 2025 @ 2:52 pm By Michael Wong  |  

Fintech firm Revolut is establishing a technology hub in the Philippine capital, Manila, as part of a plan to expand global capabilities and accelerate product innovation, the company said on Wednesday. The Manila site will operate as a Global Capability Center that supports engineering, financial-crime prevention… Read More

June 28, 2025 @ 4:10 pm By Omar Faridi  |  

Digital bank Revolut has announced its acquisition of Banco Cetelem Argentina, a modest local lender owned by French banking giant BNP Paribas. This deal marks Revolut’s entry into Argentina, South America’s second-largest economy, and underscores its strategy to penetrate emerging markets. The acquisition, reported by… Read More

May 8, 2025 @ 7:06 am By Omar Faridi  |  

Digital bank Revolut has recently announced key partnerships that underscore its commitment to enhancing user experience, security, and innovation in the financial services sector. By teaming up with Fourthline for identity verification and Lightspark for Bitcoin transactions, Revolut is positioning itself as a Fintech focused… Read More

May 4, 2025 @ 9:03 pm By Omar Faridi  |  

Digital bank Revolut has reportedly turned down investor interest that would have valued the company at approximately $65 billion, according to sources familiar with the matter cited by Axios. This latest decision comes on the heels of a 2024 secondary share sale that pegged the… Read More

April 26, 2025 @ 7:09 am By Omar Faridi  |  

In 2024, Digital bank Revolut cemented its position as a key player in the global neobanking sector, reporting $1.4 billion in pre-tax profit—a 149% surge year-over-year—and revenues of $4 billion, up 72% from 2023. Revolut’s annual report, released on April 24, 2025, highlights steady growth… Read More

April 18, 2025 @ 9:13 am By Omar Faridi  |  

Digital bank Revolut is making significant strides in Brazil with the launch of new financial products aimed at transforming the banking experience for consumers. The company recently introduced subscription plans featuring interest-bearing accounts in Brazilian reais (BRL), metal debit cards, accounts for minors, and benefits… Read More

April 7, 2025 @ 11:00 pm By Omar Faridi  |  

Digital bank Revolut has reportedly achieved significant milestones that underscore its steady growth and strategic vision. Revolut has surpassed one million retail customers in Switzerland, cementing its position as a digital banking solution in the European country. Revolut is also setting its sights on a… Read More

April 1, 2025 @ 8:49 pm By Omar Faridi  |  

Revolut, the global fintech claiming 50 million+ customers, released its Consumer Security and Financial Crime Report, revealing the evolving tactics of fraudsters globally. The report highlights that criminals are increasingly “turning to encrypted messaging services to exploit victims, with the proportion of fraud originating on… Read More

March 30, 2025 @ 11:28 pm By Omar Faridi  |  

Digital bank Revolut continues to make strategic moves in 2025, blending business expansion with product development and innovation. As widely reported, Schroders Capital Global Innovation Trust, once managed by Neil Woodford, boosted its valuation of its Revolut stake by 85%, reportedly implying a $48 billion… Read More

March 17, 2025 @ 8:00 am By Omar Faridi  |  

Digital bank Revolut is focused on its ongoing transformation into a fully-fledged bank with several key strategic developments in 2025. Revolut recently announced a hiring spree in the United Kingdom, reportedly adding hundreds of staff to prepare for the “mobilization” phase of its UK banking… Read More

March 8, 2025 @ 9:53 am By Omar Faridi  |  

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR) over its decision to impose caps on interchange fees for cross-border online payments, as reported by the FT. The move marks a considerable escalation in the ongoing tug-of-war between the payments… Read More

March 3, 2025 @ 5:02 pm By JD Alois  |  

In the US, the number of publicly listed firms has been on the decline for many years now. The number of public firms listed on the London Stock Exchange has experienced a similar drop in the number of listings. This phenomenon has rattled policymakers in… Read More

February 22, 2025 @ 12:24 pm By Omar Faridi  |  

While some of the largest banking institutions continue to support office mandates (and frustrate some workers who aren’t to keen about it), global Fintech Revolut appears to be headed in the opposite direction. Revolut, the London-based Fintech, told its 10,000 workers that it was planning… Read More

February 14, 2025 @ 9:27 am By Omar Faridi  |  

Revolut, the global financial app claiming more than 50 million customers worldwide, has announced expansion of its services to Ukrainians along with a new international donation campaign for Ukraine. Starting now, Ukrainian residents will be able to open a European Revolut account and experience “an… Read More

February 8, 2025 @ 8:48 am By Omar Faridi  |  

Ripple announced a partnership with Revolut and Zero Hash, aimed at expanding the access of its RLUSD stablecoin in the market. This collab marks a significant expansion for the RLUSD, positioning it to enter the crowded stablecoin marketplace, which is dominated by USDT and USDC… Read More