Tagged: revolut

Cross River Teams Up with Fintech Revolut to Offer Affordable Access to Credit

Revolut on iPhone

Cross River Bank, a tech infrastructure provider that offers embedded financial solutions, recently announced that it has teamed up with Revolut, an international financial superapp with more than 18 million customers worldwide, “to build and scale Revolut’s business in the U.S. leveraging Cross River’s technology… Read More

Revolut US Hires Two New Executives

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Neobank Revolut has hired two new executives for its US operations as it continues to pursue the highly fragmented market. According to a release, Revolut has hired Yuval Rechter as General Manager and Danil Ovechkin as Head of Growth. Revolut states that as US General Manager,… Read More

Revolut Customers Raise €10 Million for Ukraine

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Digital bank Revolut has raised €10 million to benefit the people of Ukraine. The donations have been coordinated with Red Cross Ukraine and include matching contributions from Revolut. Russia invaded Ukraine in an unprovoked act of war on Thursday, February 24. On March 1st, Revolut… Read More

Revolut, IRIS Software Group Partner on Early Salary Access

Revolut on iPhone

Neobank Revolut and IRIS Software Group (IRIS) have announced a partnership to offer employees access to their salaries when they accrue it – if they so choose. IRIS states that the partnership has two objectives: first, to allow companies using IRIS Cascade to offer their… Read More

Revolut appoints Ibrahim Dusi as Chief Risk Officer for Americas

Revolutcon iPhone with Airpods

Neobank Revolut has selected Ibrahim “Ibo” Dusi as its Chief Risk Officer for Americas, according to a statement from the company. Revolut says that as Chief Risk Officer for Americas, Dusi will oversee risk management for Revolut in North and South America. He will be… Read More

Revolut Now Offers All in One Payroll Solution in the UK

Revolut on iPhone

Neobank Revolut has announced an “all-in-one” payroll solution for UK SMEs, according to a release. Revolut describes the service as a “first-of-its-kind milestone” for the industry, integrating payroll directly into a business account. Revolut Business is a digital banking vertical that is designed to bring… Read More

Insurtech: Digital Bank Revolut Announces Launch of Pet Insurance

Golden Retreiver Wet Dog

Fintech Revolut, the financial super app with nearly 4 million UK clients, has announced the launch of Pet Insurance. As mentioned in the update, the stand-alone product aims to reinforce Revolut’s existing insurance product offering including travel insurance, purchase protection, and ticket- and missed event… Read More

Revolut’s New Stock Trading Feature for US Customers Positions it to Compete with Robinhood, SoFi etc.

Revolutcon iPhone with Airpods

Revolut’s new stock trading feature for US accounts is placing it on a trajectory to compete with other neobanks, digital banks, and investment platforms. Revolut aspires to receive a national bank charter in the US to become a full-blown digital bank – a long and… Read More

Global Processing Services Closes Latest Funding Round at $400M+

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Payment technology platform Global Processing Services this week announced the closure of its latest funding round at an upsized total of more than $400 million. Joining the frays are global investment firm Temasek and American growth equity outfit MissionOG. The funds will be used for new… Read More

Digital Banking: Revolut Is Making it More Affordable to Send Money Abroad, and Save with New Vault Product

British Pound Money Coins

The team at digital bank Revolut has noted that they hear about exchange rates all the time. The company has commented on what they actually are and why they can be very important. As explained by Revolut, foreign currency exchange rates are a way to… Read More

Digital Banking: Revolut Officially Launches as a Bank in 10 European Nations

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Digital banking Fintech Revolut has reportedly launched operations as a bank in 10 Western European nations, allowing it to provide its customers in these markets with deposit protection. Revolut, which is a provider of a financial super-app with over 18 million customers across the globe,… Read More

Fintech Adoption to Continue in 2022 with Financial Inclusion, Green Investments, Online Trading, Remittance Payments As Key Focus Areas

Fintech New York City

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

Revolut Singapore Now Approved by Monetary Authority of Singapore to Offer Gold, Silver Exposure to Clients

One Dollar Gold Coin In God We Trust

Digital banking platform Revolut has reportedly acquired approval from the Monetary Authority of Singapore (MAS) to provide clients with gold and silver exposure via the firm’s Fintech app. Revolut‘s management noted that they aim to introduce the service to their Singapore clients this year. After… Read More

Revolut Junior Clients in the UK, EEA May Use Google Pay for Seamless Transactions

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Digital bank Revolut, the provider of a financial Super App with over 18 million customers globally, revealed that it will bring Google Pay to Revolut Junior clients across the United Kingdom and EEA. Revolut says it added support for Google Pay after getting feedback during… Read More

London Fintech LiveFlow, Led by Former Revolut Executives, Secures $3.5M via Seed Round

Queen Victoria Kensington Gardens London England UK

Established 11 months ago by ex- Revolut professionals including CEO Lasse Kalkar and COO Anita Koimur, and CTO Evan O’Brien, LiveFlow plans to improve the way financial management is performed inside organizations. The team at LiveFlow wrote in a blog post that they are pleased… Read More

UK based Digital Bank Revolut Acquires Nobly ePOS Business to Expand Operations into Hospitality Sector

Revolutcon iPhone with Airpods

Revolut has announced the acquisition of “highly rated” ePOS software provider Nobly POS in order to expand its product offering to serve the restaurant and hospitality sectors. Established in 2013, Nobly has created an extensive ePOS system for the restaurant and hospitality industry enabling hospitality… Read More

Belgian Banks Take Top 2 Spots in Sia Partners Rankings, Revolut Falls to #3

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A pair of Belgian banks have ousted Revolut from the top spot in the fourth annual Sia Partners‘ Mobile Banking Benchmark: A Study on the Present State of Mobile Banking in the World. Sia Partners considered 135 banks in 17 countries across Europe, North Africa,… Read More

Newest Feature: Revolut to Help Cover Period Costs in Partnership with Yoppie

Lavender Metal Revolut

Neobank Revolut is now covering period costs for Metal Card users, according to a release. Revolut said it had formed a partnership with Yoppie, to help cover period costs with Yoppie’s organic menstrual care products. Metal customers will earn up to £5 cashback from buying… Read More

Digital Bank Revolut Provides Update on Flare Networks Songbird Token Airdrop for XRP Holders

Revolut iPhone Crypto Trading

The team at UK-based digital bank Revolut notes that in December 2020, they had published a blog post to let clients know that if they were holding any XRP tokens in their Revolut accounts at midnight UTC on December 12, 2020, then they would qualify or… Read More

Digital Banking: Revolut Adds More Features to its Fintech App to Enhance User Experience (UX)

Revolut Here is what is coming Next

The team at digital bank Revolut recently wished everyone a Happy Halloween. Revolut‘s management writes in a blog post that October’s new products are the “best treat you’ll get this year.” Boo!-k a stay and Earn Instant Cashback  Revolut notes that if you’ve been dreaming… Read More

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