Tagged: revolut

Revolut Gets New Zealand Banking License

Digital bank Revolut has expanded into another market, garnering a banking license in New Zealand. The Reserve Bank of New Zealand has registered Revolut as a bank, making it the country’s first digital-only bank. Revolut has operated in New Zealand since 2023. The fintech said… Read More

Ripple, Robinhood, Mastercard, Klarna, Revolut Announce Products, Partnerships, Last Week

Ripple, Robinhood to expand RLUSD stablecoin reach Robinhood adds Ripple’s stablecoin infrastructure , in the hopes of making it more broadly available. Zen.com, Mastercard expand European Pay by Bank availability The union gives merchants and consumers more payment options directly from their bank accounts Revolut… Read More

Revolut Mexico Rolls Out Digital Payroll Portability, Will Compete with Nubank and Other Digital Banks for Local Market Share

Revolut Mexico has begun introducing payroll portability, a feature that enables customers to redirect their salary deposits to the digital bank and treat it as their primary account. The UK-headquartered Fintech firm, which secured a full local banking license and launched operations earlier in 2026,… Read More

Bank of England Directs Independent Review of Revolut’s Product Approval Controls

The Bank of England has required an external examination of the procedures Revolut uses to clear new financial products, according to reporting by the Financial Times. The central bank’s Prudential Regulation Authority (PRA) issued a section 166 order earlier this year, shortly after the fintech obtained… Read More

Digital Bank Revolut Introduces Personal Loans in the United Kingdom

Digital bank Revolut has begun providing unsecured personal loans to customers in the United Kingdom, marking a key expansion into traditional consumer credit. UK chief executive Francesca Carlesi confirmed the development to Reuters, positioning the company—widely regarded as Europe’s highest-valued startup—to contest a profitable lending… Read More

S&P Assigns Revolut First Credit Rating of BBB+ with Positive Outlook, Underscoring Maturity Amid Recent Operational Disruptions

S&P Global Ratings has delivered a notable milestone for the UK-based digital bank Revolut by assigning it an inaugural long-term issuer credit rating of BBB+ with a Positive outlook. Issued on 22 October 2026, the assessment marks the first time a major credit agency has… Read More

Revolut In Active Talks Over Philippine Digital Banking Licence

British fintech Revolut is in active discussions with the Bangko Sentral ng Pilipinas (BSP) about securing a digital banking licence in the country, a senior central bank official said. Lyn I. Javier, BSP deputy governor and head of its Financial Supervision Sector, said talks with… Read More

Revolut Gains Gibraltar Crypto Authorization to Advance Global Digital Asset Strategy

Digital bank Revolut has received formal authorization as a Distributed Ledger Technology (DLT) provider in Gibraltar, marking a notable step in its strategy to expand cryptocurrency offerings beyond established UK and European markets. The permission, issued by the Gibraltar Financial Services Commission (GFSC) to the company’s newly formed… Read More

Revolut Plans to Compete with Amex and JPMorgan via Matching Benefits and Agentic AI

Revolut is positioning itself to challenge established US financial giants by matching their credit card rewards while layering in agentic AI tools that could reshape how customers shop and bank. Chief Executive Nik Storonsky outlined the strategy during remarks in Turin, emphasizing a desire to… Read More

Revolut, Betterment’s Challenging Digital Onboarding and KYC Process Highlights Issues with Balancing Security, Compliance, User Experience

Digital onboarding continues to create significant friction for customers of major fintech platforms, including the robo-advisor Betterment and the banking app Revolut. Recent incidents and user experiences illustrate tensions between regulatory compliance requirements, data security, and the practical convenience of opening accounts online. In September… Read More

Following Revolut’s Data Breach, the Digital Bank is Expected to Pay to Replace Identity Documents

The chief executive of Revolut for Western Europe, Béatrice Cossa-Dumurgier, says the company will cover the cost of replacing identity documents for impacted users of the digital banks. This is according to French broadcaster BFM TV According to reports, in September, someone controlling an email… Read More

Revolut Covers ID Costs after Data Breach, Lifts Savings Rates and Pushes into Philippines

Revolut spent the past week moving on several fronts at once: compensating customers caught in a data leak, lifting savings rates for smaller euro balances, scouting a banking foothold in the Philippines, losing the executive hired to build commercial property lending, and pressing ahead with… Read More

Digital Bank Revolut Recruits in Israel for Credit, Risk, Compliance Roles

Revolut is focused on its push into Israel by recruiting locally for roles that sit at the heart of a regulated bank, a signal that the British fintech is preparing for more than a light payments presence. Job listings tied to its Israeli operations cover… Read More

Revolut Obtains Central Bank Approval to Acquire Banco Cetelem in Argentina

Revolut has secured a key regulatory milestone in Latin America after Argentina’s central bank approved its purchase of Banco Cetelem Argentina from BNP Paribas Personal Finance. The decision, announced by the London-based fintech on 24 September 2026, allows the company to complete a deal first… Read More

Revolut Customers Caught in DriveWealth Data Breach After Third-Party Security Incident

Digital bank Revolut has become entangled in another customer-data scare after a security incident at US brokerage partner DriveWealth. The event is separate from an earlier September episode at Revolut itself. This time, the exposure occurred on DriveWealth’s systems, not inside Revolut’s own infrastructure. DriveWealth… Read More

Digital Bank Revolut Plans to Keep Lending Low Even as It Builds a Global Banking Platform

Revolut is taking what appears to be a distinctly conservative path on credit even as it builds out a full banking presence in more countries. Rather than following the traditional model of recycling large volumes of customer deposits into loans, the fintech intends to keep… Read More

Digital Bank Revolut Expands in Colombia and Switzerland while Managing Major Security and Data Breach

Revolut’s latest expansion push arrives alongside a difficult security episode that the company is still managing. The London-based digital bank said this week that Colombia’s financial supervisor had granted it an operating licence, completing the last regulatory hurdle before it can open as a locally… Read More

Digital Bank Revolut Denies Direct Contact From Group Claiming Data Breach Ransom

Revolut has stated that it has not received any direct ransom request from people claiming responsibility for a recent customer-data incident. The digital bank said it has had no contact from the group that later posted a public ultimatum online. The company first disclosed the… Read More

Revolut May List Shares in the US and in London, Sees Paris as European Hub – Report

Nik Storonsky, CEO and co-founder of digital bank Revolut, was in France this week after receiving approval for a French banking license. Speaking with Les Echos, the country’s leading financial publication, Storonsky said Revolut may dual-list its shares on Nasdaq and the London Stock Exchange… Read More

Revolut Faces Daily Data-Dump Threats After Customer IDs and Selfies Leak Ahead of Israel Launch

Digital bank Revolut is facing a public extortion campaign after criminals began publishing identity files taken from a recent customer-data incident, just as the company presses ahead with plans to enter Israel. The firm has confirmed that an unauthorized party obtained sensitive records after submitting… Read More

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