Tagged: revolut

May 13, 2023 @ 2:47 pm By Omar Faridi  |  

Revolut announced its strategy for France over the next few years, including the launch of customer credit products towards the end of May 2023. At a recent press conference held in Paris hosted by Antoine Le Nel, VP of growth at Revolut, Le Nel said… Read More

May 11, 2023 @ 8:44 pm By JD Alois  |  

Mikko Salovaara has quit Revolut. Salovaara, who was the Chief Financial Officer (CFO), has exited the digital bank after just two years in the leadership post, according to multiple reports. While Salovaara has attributed his exit from the Fintech due to personal reasons, Revolut has… Read More

May 11, 2023 @ 7:13 am By Omar Faridi  |  

Revolut and Upvest have partnered to offer fractional ETF and European stock trading across Europe. Upvest are pleased to welcome Revolut and its end users to their community. Offering ETFs and European stocks for the first time Revolut and Upvest will “offer fractional ETF and… Read More

May 2, 2023 @ 9:52 am By Omar Faridi  |  

Revolut has reportedly made its initial entry into Latin America with a launch in Brazil. Revolut‘s global account will provide local consumers with foreign exchange and remittance capabilities in 27 different currencies, along with having a payment card that is accepted in over 150 nations…. Read More

April 25, 2023 @ 8:46 am By Omar Faridi  |  

Investment bank Schroders recently revealed that it has slashed the valuation of its shareholding in digital bank Revolut by nearly half after the Fintech company had been criticized for trying to downplay potentially serious red flags from auditors BDO regarding its revenue statement. As noted… Read More

April 22, 2023 @ 11:26 am By Omar Faridi  |  

Revolut, a digital bank that reports over 27 million retail customers worldwide, has announced a successful finalization of “a direct connection to Single Euro Payments Area (SEPA) financial network.” By joining more than 3000 financial institutions including the world’s biggest banks already participating in SEPA,… Read More

April 14, 2023 @ 8:24 am By Omar Faridi  |  

Dmitry Zlokazov, Head of Product at neobank Revolut, recently noted that the joint accounts feature should help the app become more social and “inclusive.” Revolut’s new joint account feature is available for consumers across Europe. As noted in the update from the Fintech firm, joint… Read More

March 1, 2023 @ 9:27 am By JD Alois  |  

Revolut, a UK-based digital bank, has reported its first full-year profit. Revolut has published its Annual Report, which tracks operations for the year ending December 2021. According to the report, Revolut generated £636 million in revenue during 2021, delivering £26.3 million to the bottom line…. Read More

February 3, 2023 @ 8:28 am By Omar Faridi  |  

Revolut, the global financial super app with 25 million retail customers worldwide, is launching a new “unparalleled” membership plan, Ultra, to customers in the UK and Europe. The new top-tier plan, boasting “exceptional” perks, is “coming in spring 2023.” New and existing customers are encouraged… Read More

November 16, 2022 @ 7:01 pm By JD Alois  |  

Revolut, a UK-based neobank with global ambitions, has announced topping 25 million retail customers after reporting 20 million customers this past July. Revolut is a Fintech that offers modern digital banking services minus costly physical locations. The “financial super app” added that its expansion plans… Read More

November 8, 2022 @ 9:03 am By JD Alois  |  

Neobank Revolut has announced a new instant messaging feature for users in the UK, US and EEA. The chat feature is for account holders to communicate with other users while sending or requesting funds. According to Revolut,  the chat feature is designed to make it… Read More

November 6, 2022 @ 3:28 pm By Omar Faridi  |  

Revolut, the global financial superapp with more than 20 million customers worldwide, and more than five million retail customers in the UK, has released its Poppy card in partnership with the Royal British Legion and Visa. The card provides Revolut’s UK customers “with a unique… Read More

November 1, 2022 @ 7:43 am By Omar Faridi  |  

The ‘Learn & Earn’ course launched with Revolut will “broaden newcomers’ understanding of DeFi and help to shape their decentralized future experience in an easy, fun and efficient way.” Aiming to empower more people with DeFi knowledge, the 1inch Network is happy to announce “the… Read More

September 26, 2022 @ 8:23 am By Omar Faridi  |  

Revolut, the global financial super app with more than 20 million customers worldwide,  announced that it has “expanded its crypto offering to launch 29 new tokens for US* users, via a new partnership with Apex Crypto.” Customers can now “buy and sell a total of… Read More

September 21, 2022 @ 8:30 am By Omar Faridi  |  

Revolut has experienced a major data breach that has reportedly exposed the sensitive personal details of around 50,000 clients globally. Revolut‘s management has now informed Lithuania’s State Data Protection Inspectorate about the security breach, noting that access to its database had been obtained via advanced… Read More

September 10, 2022 @ 4:13 pm By Omar Faridi  |  

Revolut, the global financial super app with over 20 million retail customers, has launched Revolut Pay – a new secure online checkout feature which “allows UK and EEA merchants to present ‘Revolut Pay’ as a payment method across product, cart, and checkout pages.” Revolut Pay… Read More

August 28, 2022 @ 11:51 pm By Omar Faridi  |  

Fintech Revolut, the global financial superapp with over 20 million customers, has appointed Raymond Ng as Singapore CEO “as it continues to grow in Singapore.” The new appointment “follows Revolut recently announcing the launch of its crypto products in Singapore.” Revolut‘s customer base in Singapore… Read More

August 18, 2022 @ 10:48 am By Omar Faridi  |  

Revolut, the global financial super app with more than 20 million customers worldwide, has “rebranded its service for 6 – 17 year olds.” ‘Revolut <18’ is “an account for young people which is connected to their parent/guardian’s Revolut account, helping young people feel positive and… Read More

August 6, 2022 @ 2:31 pm By JD Alois  |  

Neobank Revolut is on a crypto hiring spree, according to a report by Bloomberg. While many firms, and Fintechs specifically, a cutting headcount or slowing things down, Revolut appears to be bucking the trend. Recently, Robinhood revealed it was slashing employee headcount by 23% –… Read More

July 17, 2022 @ 1:34 pm By Omar Faridi  |  

Revolut, the global financial super app, has surpassed 20 million retail customers worldwide, and is now “processing over 250 million transactions a month.” Both achievements come as Revolut “celebrates its seventh anniversary.” Revolut is continuing “to expand its global workforce, topping 5,000 employees globally.” Over… Read More