Tagged: revolut

Digital Bank Revolut Is Reportedly Being Investigated by UK’s FCA Regarding Red-Flag Accounts

Digital bank Revolut is reportedly engaged in discussions with the UK’s financial regulator regarding potential failures that enabled funds to be released from customer accounts identified by the National Crime Agency as suspicious. This latest development is now part of several issues that impact the… Read More

Digital Bank Revolut Is Recruiting for Roles to Support Development of Mortgages

Digital bank Revolut, the provider of the global financial super app with 30 million clients  throughout the world, announced an expansion of its professional team as it prepares to develop various European mortgage products. With a goal to streamline mortgages and offer clients with frictionless… Read More

Revolut Says Latin America is Key Region for Growth

Revolut, a neobank super-app that also holds a banking license in Lithuania, says Latin America is a key region for its growth going forward.  Revolut launched operations in Brazil, the largest country in Latin America, this past May. Latin America has experienced dramatic Fintech growth… Read More

Digital Bank Revolut to Suspend Crypto-related Services for US Clients

UK-based digital bank Revolut will reportedly stop US clients from accessing cryptocurrencies. This, according to an official statement from the firm that was issued on Friday (August 4, 2023). Revolut has cited the current US regulatory environment and the overall crypto market uncertainty as the… Read More

Revolut, Game4Ukraine to Raise Funds for Reconstruction of Ukrainian School

Revolut, the global financial super app with more than 30 million customers worldwide, has partnered with the charity match Game4Ukraine, which will take place on August 5th at Stamford Bridge Stadium in London. Two teams lineup, captained by ambassadors of the fundraising platform UNITED24, Andriy… Read More

Financial Inclusion: Revolut Introduces Accounts for US Residents without SSNs

Revolut, the global financial super-app with more than 30 million customers globally, consistent with its ongoing mission to give customers more control over their finances and connect people seamlessly across the world, announces it is “offering accounts to non-US citizens in the US, who do… Read More

Apple: Revolut, Tyl Are First to Enable Tap to Pay on iPhone

Apple (NASDAQ:AAPL) has expanded its Tap to Pay service by offering the product in the UK.  The first two platforms offering the service are Revolut and Tyl by NatWest. Revolut is a top Fintech providing banking services in the UK and around the world. Tyl is… Read More

Digital Bank Revolut to Offer Personal Loans in Germany

Digital bank Revolut recently revealed that it has expanded its financial services in Germany by offering personal loans. As noted in the update from Revolut, existing clients may now apply for loans, which can range anywhere between €1,000 and €50,000 via the platform’s Fintech app… Read More

Seedrs Tops 2000 Securities Offerings Successfully Funded on Platform

Part of the largest securities crowdfunding operation in the world, Seedrs has announced that it has topped 2000 successful securities offerings on the platform. Part of the Republic group of companies, the combination of the various platforms make Republic/Seedrs the largest online capital formation provider… Read More

Revolut to Stop Supporting Crypto Trading with Solana (SOL), Cardano (ADA), Polygon (MATIC)

Digital bank Revolut will stop offering Solana (SOL), Cardano (ADA), Polygon (MATIC) tokens to US clients. Revolut has reportedly cited Bakkt’s recent decision to delist the digital tokens, as they’re considered to be unregistered securities by the US Securities and Exchange Commission (SEC). The UK-based… Read More

Digital Bank Revolut Launches Operations in New Zealand

Revolut, the global financial super app with more than 30 million customers worldwide, has launched its services in New Zealand, “delivering Kiwis a first of its kind digital money experience.” For the first time ever, New Zealand residents will “get access to Revolut’s seamless, safe… Read More

Financial Super-App Provider Revolut Introduces Automated Investing in the US

Revolut, the global financial super-app with more than 30 million customers globally, has launched a Robo-advisor in the US. The new feature “manages investment portfolios on behalf of customers to remove the friction from investing with lower fees than traditional companies.” Based on responses from… Read More

Embedded Insurance: Revolut, Qover’s Protection Enables Clients to Cancel Trips for Any Reason

Qover, the Insurtech that is transforming the insurance industry with its orchestration technology, has announced a second partnership with Revolut, the global financial super app with more than 30 million retail customers worldwide, “to provide embedded insurance for its new trip and event cancellation cover.”… Read More

VC Firm Molten Ventures Cuts 40% Off its Revolut Valuation

VC firm Molten Ventures has reportedly written down its current holding in digital banking platform Revolut by a sizeable 40%. This move is adding to the Fintech firm’s recent challenges as it struggles to obtain a UK banking license. Molten Ventures has discounted the value… Read More

Digital Bank Revolut Surpasses 30 Million Retail Customers Worldwide

Revolut, the global financial super app, has reportedly surpassed 30 million retail customers worldwide, and is now “processing over 400 million transactions a month.” While these figures are significant, Revolut has been unable to secure a banking license in the UK (where its headquarters are… Read More

Revolut Introduces Multi-Currency Business Accounts in Australia

Fintech firm Revolut has introduced multi-currency business accounts in Australia and signaled its intention to acquire a banking license in the country. The new business account allows companies to exchange as much as A$75,000 per month, with head of Revolut Business James Gibson revealing to… Read More

Digital Bank Revolut to Provide Loans in France

Revolut announced its strategy for France over the next few years, including the launch of customer credit products towards the end of May 2023. At a recent press conference held in Paris hosted by Antoine Le Nel, VP of growth at Revolut, Le Nel said… Read More

Revolut CFO Quits Digital Bank: Report

Mikko Salovaara has quit Revolut. Salovaara, who was the Chief Financial Officer (CFO), has exited the digital bank after just two years in the leadership post, according to multiple reports. While Salovaara has attributed his exit from the Fintech due to personal reasons, Revolut has… Read More

Digital Bank Revolut, Fintech Upvest to Offer Fractional ETF, Stock Trading across Europe

Revolut and Upvest have partnered to offer fractional ETF and European stock trading across Europe. Upvest are pleased to welcome Revolut and its end users to their community. Offering ETFs and European stocks for the first time Revolut and Upvest will “offer fractional ETF and… Read More

Digital Bank Revolut Introduces Financial Services in Brazil

Revolut has reportedly made its initial entry into Latin America with a launch in Brazil. Revolut‘s global account will provide local consumers with foreign exchange and remittance capabilities in 27 different currencies, along with having a payment card that is accepted in over 150 nations…. Read More

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