Tagged: revolut

September 4, 2026 @ 9:04 am By Omar Faridi  |  

Revolut has taken a major step toward operating as a fully licensed bank in the United States. On September 3, 2026, the company said the Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for a national bank charter that would allow… Read More

August 26, 2026 @ 2:14 pm By Omar Faridi  |  

Revolut is taking clear steps toward creating its own exchange-traded funds, marking an evolution in its investment services. Recent filings show that the company has registered an entity known as Revolut Strategies ICAV with Ireland’s central banking authority. The incorporation papers explicitly allow for the… Read More

August 26, 2026 @ 8:22 am By Omar Faridi  |  

Revolut has introduced EURR, a digital asset designed to track the euro on a one-to-one basis. This euro-denominated stablecoin marks a significant step for the fintech company as it expands its offerings into regulated blockchain-based money. Aimed at bridging traditional finance with digital assets, EURR… Read More

August 24, 2026 @ 12:28 am By Omar Faridi  |  

Digital bank Revolut has applied to open a branch in Finland, aiming to deliver local account details and closer everyday banking options to its existing users there. The fintech firm, operating in the European Economic Area through its Lithuanian-licensed entity Revolut Bank UAB, confirmed that… Read More

August 13, 2026 @ 8:32 am By Omar Faridi  |  

Digital bank Revolut reportedly scales back WeWork access for its premium membersRevolut, one of Europe’s leading digital banks, has quietly reduced the WeWork coworking space benefits available to customers on its higher-tier paid plans. The change, which took effect in early August 2026, followed negotiations… Read More

August 11, 2026 @ 10:52 pm By Omar Faridi  |  

Zama has expanded access to its native digital asset by integrating the $ZAMA token directly into the Revolut platform. This development allows the fintech giant’s extensive customer base to purchase, hold, and trade the token through the familiar Revolut app interface. The $ZAMA token underpins… Read More

August 11, 2026 @ 6:42 am By Omar Faridi  |  

Revolut has secured a regulatory milestone for its French subsidiary, Revolut Bank S.A., by obtaining authorization to operate as a bank. The approval followed a review conducted by France’s Autorité de Contrôle Prudentiel et de Résolution and the European Central Bank. The Fintech already counts… Read More

August 5, 2026 @ 3:07 pm By JD Alois  |  

Nik Storansky, CEO and co-founder of top digital bank Revolut, allegedly skipped out on paying a broker’s fee for a megayacht. This is according to a report by WSJ.com, which states that a yacht broker, Cecil Wright & Partners, is suing Storansky for avoiding a… Read More

August 4, 2026 @ 9:24 pm By Stephanie Vaughan  |  

Everyone in DeFi is talking about the “Earn” Wars. Robinhood, Coinbase, Revolut, and Kraken are competing for retail balances. Protocols like Aave, Morpho, and Ethena are competing to be the borrowing strategy. Vault providers are competing to package it, and strategists like Steakhouse, Gauntlet, Sentora,… Read More

July 31, 2026 @ 8:02 am By Omar Faridi  |  

Revolut has unveiled a new collaboration with OpenAI that gives its retail customers complimentary access to ChatGPT Go as part of their existing subscription plans. The global fintech, which serves more than 75 million people, announced the partnership on 30 July 2026, positioning artificial intelligence… Read More

July 23, 2026 @ 7:27 am By Omar Faridi  |  

UK based digital banking provider Revolut is poised for a major liquidity event that could increase its valuation to $115 billion. This development comes shortly after the fintech secured key regulatory approvals, signaling strong investor confidence in its expanding global footprint and financial performance. According… Read More

July 22, 2026 @ 2:49 am By Omar Faridi  |  

NVIDIA’s (NASDAQ:NVDA) venture capital division, NVentures, has secured a stake in Revolut, the London-based digital bank that continues to disrupt traditional finance. This move, part of a broader secondary share sale, has propelled Revolut’s valuation to $75 billion, up from $45 billion just over a… Read More

July 21, 2026 @ 8:24 am By Omar Faridi  |  

Digital banking provider Revolut has taken a significant step forward in its global expansion by officially establishing Revolut Bank Australia. This development follows the granting of an unrestricted Authorised Deposit-taking Institution (ADI) licence by the Australian Prudential Regulation Authority (APRA), representing the company’s first full… Read More

July 18, 2026 @ 6:18 am By Omar Faridi  |  

Digital bank Revolut has obtained in-principle approval to deliver virtual asset services across the UAE. The Virtual Assets Regulatory Authority (VARA) in Dubai granted the preliminary license, positioning the company to introduce broker-dealer activities, asset management and investment services, as well as exchange functionalities in… Read More

July 13, 2026 @ 2:46 am By Omar Faridi  |  

Digital bank Revolut is taking decisive steps to strengthen its anti-fraud and compliance measures in Lithuania following revelations from local authorities about the outsized share of suspicious transaction alerts originating from its platform. The development highlights the challenges faced by fast-growing fintech firms in balancing… Read More

July 11, 2026 @ 3:41 pm By Omar Faridi  |  

Digital bank Revolut has strengthened its executive team with the addition of a senior figure from one of the world’s largest financial institutions. Kuba Fast, who most recently headed JPMorgan Chase’s UK digital banking arm Chase UK, has taken on the role of CEO for… Read More

July 7, 2026 @ 9:50 pm By Omar Faridi  |  

Digital banking provider Revolut has informed users it will cease support for Tether’s USDT stablecoin on its platform for European customers, with the complete suspension taking effect on August 31, 2026.  The move aligns with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework, which… Read More

June 17, 2026 @ 10:01 pm By Omar Faridi  |  

Digital bank Revolut, which supports a global fintech platform currently serving more than 75 million customers around the world, has achieved a regulatory milestone in the United Arab Emirates. On June 17, 2026, the Fintech company confirmed it has obtained full approval for its Stored… Read More

June 5, 2026 @ 4:49 pm By JD Alois  |  

Revolut is predicted to gain a federal bank charter in the US  in the coming months, with a launch next year. Reuters notes that Revolut will offer FDIC-insured accounts and the full stack of digital banking services. Add to this, services like stablecoins, and probably… Read More

May 28, 2026 @ 1:10 pm By Omar Faridi  |  

McKinsey& Company has recently examined the growth of neobanks and various Fintech challengers. The report from McKinsey spotlights the growth and profitability of neobanking platforms. The latest Global Banking Annual Review from McKinsey & Company draws attention to a clear shift underway in financial services…. Read More