Tagged: revolut

October 11, 2026 @ 10:45 pm By Omar Faridi  |  

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

October 8, 2026 @ 7:28 pm By JD Alois  |  

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

October 8, 2026 @ 4:32 pm By Omar Faridi  |  

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

October 6, 2026 @ 10:58 pm By Omar Faridi  |  

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

September 28, 2026 @ 8:46 am By Omar Faridi  |  

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

September 25, 2026 @ 9:03 am By Omar Faridi  |  

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

September 25, 2026 @ 12:12 am By Omar Faridi  |  

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

September 19, 2026 @ 7:43 pm By Omar Faridi  |  

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

September 19, 2026 @ 10:34 am By Omar Faridi  |  

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

September 17, 2026 @ 11:36 am By JD Alois  |  

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

September 14, 2026 @ 2:28 pm By Omar Faridi  |  

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

September 13, 2026 @ 4:34 pm By Omar Faridi  |  

Revolut customers have been told that a subset of their most sensitive records was released after the company treated a fraudulent information demand as a genuine government inquiry. The episode became public on 11–12 September 2026 after affected users received notices and investigators circulated excerpts…. Read More

September 9, 2026 @ 10:06 pm By Omar Faridi  |  

Visa (NYSE: V) and Revolut have completed a tightly controlled live test in which an artificial intelligence agent initiated a real purchase on a French Revolut Visa card, authenticated through Visa Payment Passkeys rather than a one-time code, PIN or manual card entry. The trial,… Read More

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