Tagged: revolut

Revolut is Granted European Banking License, Plans US Expansion in 2019

Digital only bank Revolut has received a European banking license. The London based Fintech says it is now positioned to become “the Amazon of Banking.” Revolut applied for the banking license via the Lithuanian central bank just over a year ago in November 2017. It… Read More

Revolut Acquires Licenses to Expand in Japan & Singapore

Digital bank Revolut has acquired licenses to expand in Japan and Singapore. The launch in the Asian countries comes just after the fintech reportedly is planning to raise $500 million through its upcoming Series D funding round. According to CNBC, Revolut reported it received a remittance license… Read More

Report: Revolut to Raise $500 Million then Launch in USA

Digital bank Revolut is revving up for a $500 million series D funding round, according to recent reports. This next capital injection follows the last round from earlier this year when Revolut raised $250 million at a valuation of $1.7 billion. The funding validated its… Read More

Revolut Unveils New Tech to Reduce Fraud for its 3M+ Customers

Revolut, fintech unicorn and successful Crowdcube alum, is taking its customer protection to the next level, intending to become a world leader. As part of the platform’s plan, a new fleet of machine learning technology has been unveiled, a fleet that has already reportedly seen… Read More

Revolut CEO Says Wall Street Has No Interest in Crypto

The CEO of London-based digital only banking platform Revolut has denied popular claims that Wall Street is poised to avalanche into cryptocurrency investing. Revolut CEO Nikolay Storonsky, told an audience at the Web Summit 2018 in Lisbon, last week, that, as far as he is concerned: “There is… Read More

Crowdcube Has Now Helped to Raise Capital for Three UK Unicorns

UK Unicorns Monzo, BrewDog & Revolut are Crowdcube Alumni UK’s largest investment crowdfunding platform by volume Crowdcube has now helped to raise capital for three separate unicorns aka firms that have attained a valuation of $ 1 billion or more. Crowdcube pointed to this fact… Read More

Digital Bank Revolut Takes Heat for Clumsy Hiring Ploy Asking Applicants to Source 200 New Accounts to Be Considered [u]

Fintech unicorn Revolut is taking some heat for what appears to be a clumsy recruitment tactic that may backfire. First reported in Spanish news site ElDiario, the digital bank has apparently requested applicants for a open position to work for free and provide 200 bank… Read More

Digital Bank Revolut Reports 5X Jump in Top Line Revenue, Users Now Over 1.3 Million

UK based digital challenger bank Revolut is reporting 2017 numbers and according to the Fintech revenue has increased 5X from £2.4 million to £12.8 million as monthly transaction volume jumps from $200 million to $1.5 billion. Revolut also reported a loss for the year of… Read More

Revolut Announces Plans to Launch in Malta

Revolut, a digital-only bank that claims it is signing up over 120 businesses per day, announced on Monday it is planning to launch its services in Malta. The fintech reported it has already signed up more than 25,000 Maltese customers, around 6% of the population, and… Read More

Revolut For Business Announces Integration With Zapier

Revolut announced on Monday that Revolut for Business has integrated with information technology and software company Zapier. Founded in 2011, Zapier gives its users “internet superpowers’ by letting them connect and automate apps they currently use. “We believe that there are jobs a computer is… Read More

Aspiring Online Money Centre bank Marcus by Goldman Sachs Nears UK Launch

Marcus began its existence as a mere online lender seeking to provide consumers with affordable credit all online. But as time moves on, it is becoming more clear that Marcus is being positioned as not just providing loans but becoming the bank of the future:… Read More

Digital Bank Revolut Launches “Metal Card” – Offers Cashback in Crypto

Revolut has announced the official launch of a new product. Revolut “Metal card” enables users to receive cash back in either cryptocurrency or fiat at a 1% rate outside Europe and 0.1% on transactions made in Europe. Revolut previously incorporated cryptocurrency options on their banking… Read More

Will Revolut Finally Announce a US Digital Banking Option or Something Else?

For the past few days, Revolut – a digital only challenger bank that has achieved unicorn status, has been teasing out a new announcement with a Twitter countdown. By tomorrow we will know more. Revolut has already revealed it is prepping the launch of a… Read More

Crowdcube Touts 19X Returns Generated by Early Investors in Revolut

Revolut is a Fintech unicorn and a prominent digital only challenger bank with global aspirations. In July, Revolut announced it had signed up 1 million UK customers and were adding new business accounts at a pace of around 120 a day. Revolut founder and CEO… Read More

Revolut Signs Up One Million Customers in the UK; Prepares for Global Expansion

Revolut, a digital-only bank that claims it is signing up over 120 businesses per day, announced on Wednesday it has signed up one million customers in the UK and saved them over $330 million in fees, as the London-based company continues to prep for global expansion…. Read More

Seedrs Provides Update on Secondary Market, Some Companies Driving 19X Returns

Equity crowdfunding platform Seedrs has provided an update on the progress of their secondary market – the first successful secondary market to launch in the global crowdfunding sector. Launched in 2017, Seedrs says the trading market has now seen 2,990 exits in 248 different firms…. Read More

Revolut Now Offers an App Store for Business Banking

Revolut, a digital only bank that says it is signing up over 120 businesses per day, has launched a new services for their business customers – Revolut Connect. This new feature is described as an “App store” for businesses to help provide easier access to… Read More

Apple Pay Coming to Revolut? [u]

Earlier this week, Revolut tweeted out that something “huge” is coming to the Revolut App. The digital bank already enables cryptocurrency trading, so what could it be? Speculation is that since it has to do with paying with your phone – it must be Apple… Read More

Revolut App Update: Announces New Accounts, Analytics, & Payment Screens

UK-based fintech Revolut announced last week a new update with its mobile app, which recently relaunched with a new look. The company debuted new Accounts, Analytics, and Payment Screens.  “Our product designers and engineers have been hard at work building a new Accounts screen from the ground up. They’ve… Read More

PrimeTel Announces New Partnership With Revolut to Provide Contactless Visa Card

On Wednesday, Cyprus-based telecom provider PrimeTel announced it has teamed up with Revolut to help customers connect to a “world of unlimited digital capabilities” through the duo’s new PrimeTel Revolut co-branded contactless Visa card that comes with a host of features to make managing money… Read More

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