Tagged: revolut

May 21, 2021 @ 7:56 am By Omar Faridi  |  

Revolut Business revealed on Friday (May 21, 2021) that it’s introducing currency forward contracts (FX Forwards) in the United Kingdom. Revolut Business’ FX Forwards will allow firms of any size – from large corporates to single-person businesses – to set future exchange rates via an… Read More

May 16, 2021 @ 2:38 pm By Omar Faridi  |  

Digital bank Revolut says your account has had “a spring clean.” Revolut Business has a “new look” and a more “personalized” experience. The Revolut team writes in a blog post: “We’ve updated our Revolut Business web app and the new, simpler navigation makes it easier… Read More

May 11, 2021 @ 7:41 am By Omar Faridi  |  

Digital bank Revolut, one of the fastest-growing Fintechs with over 15 million customers, revealed on May 11, 2021, that it has integrated with Elliptic, a provider of digital asset risk management and blockchain analytics software. This partnership should allow Revolut to expand its cryptocurrency offering…. Read More

May 10, 2021 @ 1:02 pm By Samantha Hurst  |  

  Digital bank Revolut announced on Monday it is temporarily waiving fees on cross-border remittance payments made to India, following the country’s latest surge in COVID-19 cases. As of this weekend, India has more than 400,000 COVID-19 cases and 7-day average of deaths more than 3,700. … Read More

May 6, 2021 @ 8:08 am By Samantha Hurst  |  

    Digital bank Revolut announced on Thursday the public beta launch of crypto withdrawals. According to Revolut, the new feature will provide customers with the option to transfer Bitcoin to their personal wallets outside of the Revolut platform. “With the rollout of crypto withdrawals, Revolut… Read More

April 28, 2021 @ 8:18 am By JD Alois  |  

Digital bank Revolut has updated its banking app to version 8.0. The Fintech says the new version delivers a more simplified and customizable experience for its 15+ million users. A key feature of the app is a new hub that allows users to browse all… Read More

April 21, 2021 @ 11:09 pm By JD Alois  |  

Digital bank Revolut is expanding into India, according to multiple reports. India, with a population of over 1.3 billion, assets of public sector banks are around Rs. 107.83 lakh crore or USD $ 1.52 trillion as of 2020, according to a recent report. In India,… Read More

April 18, 2021 @ 7:37 pm By Omar Faridi  |  

The founder of digital banking challenger Revolut is reportedly planning a new round of funding that could value the Fintech at over £7.2 billion (appr. $10 billion). Sky News reports that the digital bank may be looking to work with  FT Partners, the US-headquartered Fintech-focused… Read More

April 11, 2021 @ 5:01 pm By JD Alois  |  

Digital bank Revolut has added more names to the list of cryptocurrencies its users can purchase and trade. Last week, Revolut said it had Currency added Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and The Graph. Revolut already allows users to… Read More

April 8, 2021 @ 9:40 am By JD Alois  |  

The COVID-19 health crisis compelled many old-school firms to rapidly transition to a virtual office operation. While this may have been painful for firms used to centralized offices many younger firms found the transition relatively simple as they were already digitally native and comfortable with… Read More

April 6, 2021 @ 11:53 am By Samantha Hurst  |  

  Digital bank Revolut announced on Tuesday it has teamed up with two-time heavyweight champion, Anthony Joshua, to raise funds for independent gyms throughout the UK, as well as co-brand glow-in-the-dark debit card. According to Revolut, gyms and leisure centers were not included in the UK… Read More

March 26, 2021 @ 8:28 am By Omar Faridi  |  

Digital banking challenger Revolut confirms that Revolut Business is now live in the United States. Elizabeth McGrath from Revolut writes in a blog post that Revolut Business is available in all 50 US states, as of March 25, 2021. McGrath explains that Revolut Business “gives… Read More

March 22, 2021 @ 10:33 am By JD Alois  |  

Digital bank Revolut has submitted its application to receive a national bank charter, according to a note from the company. Having launched in the US about one year ago, currently, Revolut offers banking services in partnership with Metropolitan Commercial Bank. Partnering with a chartered bank… Read More

March 17, 2021 @ 7:55 am By Omar Faridi  |  

UK-headquartered digital banking challenger Revolut says it will be suspending its business operations in Canada, a move that has come just 18 months after the Fintech launched a beta version of its services in the North American country. BetaKit, which keeps track of Canadian tech… Read More

March 14, 2021 @ 3:59 pm By Omar Faridi  |  

Digital banking challenger Revolut confirms that Spring is in the air and it’s “giving us life!” Revolut writes in a blog post that it has been hard at work on its latest updates for clients, and it’s hoping they “put a spring in your step… Read More

March 9, 2021 @ 8:14 am By JD Alois  |  

Revolut Business, the SME-focused portion of the digital bank, is launching an expenses product with new features designed to help businesses save time. While many enterprise software platforms include integrated expense management tools, options are fewer for small firms when it comes to integrated services…. Read More

March 4, 2021 @ 11:55 pm By Omar Faridi  |  

Prominent digital bank Revolut is offering the opportunity to get a 1-month trial of the Revolut for Company Grow plan or Revolut for Freelancer Pro plan for free. To take advantage of this offer, users need to upgrade their plan to Company Grow or Freelancer… Read More

March 4, 2021 @ 8:29 am By JD Alois  |  

Digital bank Revolut is expanding its banking services in 10 new European markets. According to a release, customers in the following countries may now utilize the Revolut banking app: Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia. Revolut, which currently claims over… Read More

February 24, 2021 @ 9:46 pm By Omar Faridi  |  

Pulse of Fintech H2’20, a bi-annual report on international Fintech investment developments released by KPMG, notes that global Fintech funding across mergers-and-acquisitions (M&A), private equity (PE) and venture capital (VC) stood at $105 billion across 2,861 different deals in 2020. This was reportedly the third-highest… Read More

February 23, 2021 @ 10:58 pm By Omar Faridi  |  

Digital banking platform Revolut confirms that it recently “simplified” online payments via the launch of Payment Links to Revolut Business clients. The Fintech Unicorn has made other updates so it’s even easier to accept virtual payments “straight away” with QR codes. For those not completely… Read More