Tagged: revolut

Digital Banking Challenger Revolut Explains How to Get Your Spending Under Control with Custom Cycles Feature

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

Revolut Adds New Features for Business Users

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

Digital Banking Challenger Revolut Provides Updates on its Work from Home Policies, Claims to Employ Professionals from Over 100 Nationalities

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

Revolut Expands into Ten More European Markets with Digital Banking Services

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

Global Fintech Investment Activity Recovered Strongly in H2 2020 after COVID-related Slowdown, $105B Raised via 2,861 Deals

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

Digital Banking Unicorn Revolut has Further Simplified Online Payments with QR Codes

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

Digital Banking Platform Revolut Launches Financial App for Kids in Singapore, Junior Accounts Available for Free

Digital banking platform Revolut has launched a financial app that has been developed specifically for kids. The Fintech app is controlled by the child’s parent or their legal guardian so that they are able to monitor how the tools are being used. This new app… Read More

Digital Banking: Revolut Keeps Rolling out New Features for Business Payments, CEO Storonsky Says Firm to Eventually Conduct US IPO

Digital bank Revolut notes that if you’ve set up a WooCommerce store and are accepting payments with mainstream payment gateways, then you might not be happy with the extra transaction fees. Revolut reveals that it has been working on improving this for users by offering… Read More

Digital Banking Platform Revolut Rolls Out New Candlesticks for Crypto and Commodities Price Movements, Introduces Group Vault Controls

Elizabeth McGrath from digital bank Revolut notes that the company is rolling out new features such as candlestick charts and Group Vault controls. McGrath confirms that clients will now be able to track crypto and commodities price movements “by the hour” with Revolut’s new candlestick… Read More

Digital Transformation: Revolut Permanently Allows Employees to Work Remotely

In a sign of the times, digital bank Revolut has announced that it is migrating towards permanent flexible working for the majority of its 2000 plus employees. Going forward, employees may choose where they work and if they want to come to the office. As… Read More

Digital Banking Platform Revolut Explains why Cyber Insurance has Become Necessary for Internet Firms with Cyberattacks on the Rise

Public liability, professional indemnity and employers liability are no longer adequate when it comes to protecting your company or business. But there are certain covers available that could secure your company further, according to a blog post published by Revolut. The leading digital banking platform… Read More

Revolut Offers US Dollar & Pound Savings Accounts for UK Users

Digital bank Revolut has announced US dollar savings accounts for UK customers. According to a release, Revolut will offer interest rates of 0.65% AER for Metal customers, 0.50% AER for Premium customers, and 0.40% AER for Plus customers on US dollar funds. There is no… Read More

Digital Banking: Revolut has Rolled Out New Desktop Web App to Help Customers Better Manage their Finances

UK-based digital bank Revolut notes that with the New Year comes new features. The challenger bank has launched a new desktop Web App that will allow customers to better manage their finances. In addition to the “handy” new desktop Web App, Revolut has introduced upgraded… Read More

New Service by Revolut Provides Anti-Fraud Feature in Partnership with Modulr

Digital bank Revolut has announced a new service: Confirmation of Payee – available to over 3 million UK customers. The feature is part of Pay.UK’s anti-fraud initiative, according to a release. The feature has been enabled by its payments partner Modulr, one of the few… Read More

Digital Bank Revolut Pursues UK Banking License Anticipates Half of its Clients to Deposit Salaries and Use it As Primary Account

Prominent digital bank Revolut is expecting half of its clients to deposit their salaries and switch over to Revolut as their main bank account provider, after the Fintech challenger has acquired a banking license. Revolut issued a statement earlier today stating it has submitted its… Read More

Digital Banking Platform Revolut Confirms it has Temporary Permit from FCA to Offer Cryptocurrency Services, Issues Update About Ripple’s XRP

UK-based digital bank Revolut notes that in 2020, the Financial Conduct Authority (FCA) had introduced a requirement for all cryptocurrency-related companies or businesses (in the UK) to register with the regulator to confirm that they’re adhering to the country’s money laundering regulations. Revolut’s management pointed… Read More

Digital Banking: Fintech Revolut’s App was Downloaded 5.8 Million Times in 2020, More than Monzo and Starling Combined

Digital bank Revolut has reportedly outpaced competitors Monzo and Starling in terms of the number of downloads during 2020. Notably, Revolut saw more app downloads last year than Monzo and Starling Bank combined. As first reported by the Telegraph, Revolut’s online banking app grew more… Read More

Digital Banks and Fintech Challengers Must Show they Can Generate Profits, Investors are Expecting Returns

European digital banks have experienced significant challenges this year. Many have continued to record substantial losses and have received complaints from clients regarding service-related issues. Investors have been pushing banking challengers to show them how they can generate sizable profits by effectively monetizing their products… Read More

Digital Banking: Fintech Unicorn Revolut’s Customers Spent 2.6x More on Online E-Commerce than On In-Store Purchases

Digital bank Revolut notes in its end of year review that “it goes without saying that 2020 has been a year like no other.” It has definitely impacted all our lives, including how we spend our money and the way we save, the Fintech firm… Read More

James Gibson, Head of Product at Revolut Business, Explains how to Receive Card Payments from Across the Globe via the Digital Banking Platform

James Gibson, Head of Product at Revolut Business, notes that it’s their goal or mission to assist clients with getting more from their business accounts with powerful tools that allow them to have complete control over their finances. That’s why digital bank Revolut will be… Read More

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