Tagged: nik storonsky

September 24, 2018 @ 7:11 am By JD Alois  |  

UK based digital challenger bank Revolut is reporting 2017 numbers and according to the Fintech revenue has increased 5X from £2.4 million to £12.8 million as monthly transaction volume jumps from $200 million to $1.5 billion. Revolut also reported a loss for the year of… Read More

August 22, 2018 @ 8:51 am By JD Alois  |  

Revolut has announced the official launch of a new product. Revolut “Metal card” enables users to receive cash back in either cryptocurrency or fiat at a 1% rate outside Europe and 0.1% on transactions made in Europe. Revolut previously incorporated cryptocurrency options on their banking… Read More

August 2, 2018 @ 7:34 am By JD Alois  |  

Revolut is a Fintech unicorn and a prominent digital only challenger bank with global aspirations. In July, Revolut announced it had signed up 1 million UK customers and were adding new business accounts at a pace of around 120 a day. Revolut founder and CEO… Read More

June 7, 2018 @ 9:57 am By Erin Hobey  |  

Earlier this week Revolut announced its plans to apply for a US banking license. Today the challenger bank indicated that it will launch a global trading platform to buy and sell listed stocks commission-free through which Revolut customers will be able to invest in companies such as Apple… 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 @ 7:24 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

June 13, 2017 @ 4:00 am By JD Alois  |  

Challenger bank Revolut is launching a business banking vertical and is accepting pre-registrations now. Revolut for business will allow businesses to hold, exchange and transfer funds in 25 different currencies across the UK and all of Europe at the interbank exchange rate. The digital only… 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

September 14, 2016 @ 9:18 am By Samantha Hurst  |  

Earlier this week, Revolut announced that more than 3,000 companies have signed up for its soon-to-launch business program, Revolut for Business.  Revolut allows individuals the ability to pay or transfer foreign currencies at the “best rate” with no hidden fees (something frequently associated with old… Read More

July 13, 2016 @ 10:00 am By JD Alois  |  

Revolut, a Fintech startup that recently decided to offer £1 million to retail investors as part of a much larger Series A funding round, has crushed all expectations for indications of investor interest.  The offer, which is scheduled to go live on Crowdcube this Monday,… Read More