Tagged: revolut

Bank Branches No More: RBS Keeps Shuttering Bricks & Mortar Locations as Digital Banking Revolution Continues

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

Cryptocurrency Transactions Arrive for Revolut Customers: Bitcoin, Litecoin & Ether May Be Bought & Exchanged within Digital Banking App

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

Digital Bank Revolut Prepares to Launch Cryptocurrency Features

Digital only challenger bank Revolut is preparing to enter the cryptocurrency world with new features on their bank app to allow users to exchange and use Bitcoin and other digital currencies. While some traditional banks look at crypto with disdain (heres looking at you, Jamie… Read More

Seedcamp IV: £41 Million Fund Raised to Back European Startups, Will Also Invest in Crypto Offerings

Seedcamp has just closed a £41M seed fund to invest in 100 new startups across Europe on their 10 year anniversary. The fourth fund is two times larger than the last Seedcamp fund and is said to be backed by 60 leading corporates, VCs and fund… Read More

Revolut Pursues Mission to Become First Global Banking App, Files for European Banking License

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

16,000 Businesses Sign up For Digital Bank Revolut in Just 4 Months

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

Digital Bank Revolut Pushes Into Insurtech with Mobile Device Coverage

Digital only challenger bank Revolut will now enable users to insure their mobile phone for as little as £1.00 per week as the Fintech firm launches the first phase of its insurance offering. The key term here is first phase, of course, as Revolut’s push… Read More

Amazon Growing Business Awards Shortlist. Revolut’s on the List, Lendable & More

The UK Amazon Growing Business Awards ceremony will take place on 29th November 2017 at The Brewery, London. Today, the e-commerce/tech company has announced their shortlist of companies in the mix to win.  According to Amazon, more than 500 nominations were received from across the… Read More

£18 Million is Pledged to Revolut on Seedrs as 40,000+ Rush to Participate in £4 Million Crowdfunding Offer

  Revolut, a fast growing digital only challenger bank, has claimed a new crowdfunding record as over 38,000 customers have have pledged £18 million + in a crowdfunding round on Seedrs. According to information provided by the company, investors from 55 different countries pledged to… Read More

Revolut Introduces Free Personal Euro Accounts Following $66 Million Raise

Just days after announcing it secured $66 million through its Series B funding round, digital challenger bank Revolut introduced free personal euro accounts. The company revealed this new feature enables all its customers, across 42 European countries, to open a free Euro account straight from… Read More

Digital Challenger Bank Revolut Raises $66 Million in Series B Funding

Revolut has announced a $66 million Series B funding round to fuel an “aggressive expansion across Asia and North America”. The funding was described as a clear demonstration of strength for the UK based digital bank as a clear alternative to more traditional banking providers…. Read More

Digital Only Bank Revolut Launches Business Banking in UK & Across Europe

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

The Inescapable Fintech Revolution

Big consultancies, such as PwC, Cap Gemini, KPMG, Deloitte and Accenture, research and analyze fintech developments to support the digital transformation of their banking customers. They promote this work through well-crafted free reports and white papers. The latest of such reports was published by Julian… Read More

Digital Challenger Bank Revolut Partners with PensionBee

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

Challenger Bank Revolut Partners with Trussle to Provide “Hassle Free” Mortgages

Revolut and Tussle have partnered to provide mortgage broking services directly to the Revolut App. The digital only bank will now enable Revolut’s 360,000 plus UK based users to access Trussle’s online mortgage service. Trussle uses technology and human mortgage advisers to help borrowers secure… Read More

Founder Nikolay Storonsky Says Challenger Bank Revolut is Going Global as it Crowdfunds on Seedrs

Revolut is a prominent member of the growing legion of digital only challenger banks.  The app-based bank previously crowdfunded £1 million on Crowdcube as part of a larger funding round in 2016. Revolut has raised about £15 million to get the platform up and running… Read More

A World Beyond Banking: Revolut Offers Premium Membership, Preps for Crowdfunding Offer on Seedrs

If Amazon built a bank, would it aspire to be like Revolut? I don’t know about that, but the Revolut Premium Membership is something I want. Now. London-based Fintech startup Revolut has launched its vision of Premium Membership in a world populated by stiff and… Read More

Challenger Bank Revolut & Lending Works Partner Up to Provide Instant Credit Anywhere

Revolut is a digital only challenger bank that does far more than a traditional bank at a lower cost. Lending Works is a new world online lender that streamlines the borrowing process at a lower cost without having to stomp down to your corner branch…. Read More

Revolut Reports: More Than 3,000 Companies Have Signed Up For New Business Service

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

Record Breaking: Revolut Has Over £13.8 Million in Investment Pledges

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