Tagged: revolut

Neobank Revolut Introduces Joint Accounts, Group Chats Across Europe

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

Digital Bank Revolut Reports a Profit for 2021, Revenue for 2022 at Over $1 Billion

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

Neobank Revolut Announces Ultra, a New “Top-Tier” Membership

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

Neobank Revolut Reports 25 Million Retail Customers, Plans Expansion into Brazil, India, New Zealand

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

Revolut Announces Instant Messaging Feature

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

Neobank Revolut Welcomes Poppy Cards, after Raising £100K to Support Royal British Legion’s Poppy Appeal

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

1inch Teams Up with Neobank Revolut to Launch Crypto Learn and Earn Course

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

Revolut Expands Crypto Offering, Launches Support for 29 Digital Tokens

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

Neobank Revolut Security Breach Exposes Data of 50,000+ Clients Worldwide

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

Neobank Revolut Introduces Online Checkout Feature with One-Click Payment

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

Global Fintech Revolut Appoints Raymond Ng as Singapore CEO

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

Revolut Introduces Improved Fintech App for Younger Consumers

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

Revolut on Crypto Hiring Spree: Report

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

Fintech Revolut Tops 20M Retail Customers

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

Fintech Revolut Introduces Crypto “Earn and Learn” Education Courses

Revolut, the international financial “Super App” with over 18 million customers worldwide, is taking yet another solid step towards its goal of bringing clients the best financial products and services to manage their finances. Revolut’s “Learn & Earn” courses have been developed to assist clients… Read More

Fintech Revolut Adds Stripe to Support International Expansion Efforts

Stripe, a financial infrastructure platform for businesses, announced that Revolut will use Stripe “to support payments in the UK and Europe and accelerate its expansion into new markets.” Founded in 2015, Revolut has rapidly “become one of Europe’s great fintech success stories.” After launching in… Read More

Half of Fourth of July Spending Done by Under 35s, According to Insights from Revolut

Revolut, the global financial super app with more than 18 million customers worldwide, has revealed new insights on spending on the Fourth of July. The US’s under 35s contributed “almost half of total spending yesterday, making up 57% of total transactions during the day.” 12%… Read More

Revolut Business Introduces Revolut Reader, Moving into In-Person Payments

Revolut, the super-app with over 18 million retail customers globally and more than 500,000 corporate clients, is offering Revolut Reader in the United Kingdom and Ireland. A “fast” and ‘powerful” lightweight card reader, the new product is designed “to allow merchants of all kinds to… Read More

Fintech Revolut Appoints Sid Jajodia as US CEO

Revolut, the global financial super app with over 18 million customers worldwide, has announced the appointment of Sid Jajodia as US CEO. Sid joined Revolut as Chief Banking Officer in July 2021 and will “continue in this role alongside being US CEO, leading the roll… Read More

Ireland: Revolut’s BNPL will Provide Credit Up to €499

Neobank/digital bank Revolut will roll out its buy now – pay later (BNPL) product starting with Ireland. Revolut is entering a rather crowded market but is providing a service that has dramatically increased in popularity in recent years. According to Revolut Ireland as of last… Read More

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