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FinTech

Revolut to Discontinue “Lite” Version of Its Services

  • The fintech is offering Revolut Lite in 16 countries.
  • The trimmed-down services will be shuttered on 20 July.
Friday, 21/06/2024 | 05:21 GMT by Arnab Shome
FinTech

Revolut Taps GTN to Bring Bond Trading to EEA Customers

  • The users of the Revolut app can now directly invest in bonds.
  • The platform has set the minimum investment amount at €100.
Tuesday, 18/06/2024 | 11:00 GMT by Arnab Shome
Brokers

CMC Connect Inks Deal with Revolut to Expand Trading Capabilities

  • The collaboration will allow Revolut customers to access CMC's trading universe.
  • According to the official statement, the partnership is set to begin immediately.
Tuesday, 18/06/2024 | 08:24 GMT by Damian Chmiel
Retail FX

Revolut Moves HQ to Heart of London's Financial District amid Big Bank Departures

  • The UK fintech is set to move into a new base in the YY London building in Canary Wharf.
  • The move comes as the company expands its workforce and awaits approval for a UK banking license.
Thursday, 13/06/2024 | 07:28 GMT by Damian Chmiel
FinTech

Revolut Joins Hands with BRCC: Bridging Trade between UK and Romania

  • In 2023, the firm processed almost 74,000 transactions per hour for its Romanian retail customers.
  • Revolut Bank UAB, licensed by the European Central Bank and regulated by the Bank of Lithuania, operates in 30 EU markets.
Friday, 07/06/2024 | 14:43 GMT by Tareq Sikder
Brokers

After £3B Success in The EU, Revolut Enters Asia Savings Market with 5.21% Yield Accounts

  • Fintech has launched Flexible Accounts in Singapore, offering customers up to 5.21% APY.
  • The digital bank is partnering with Fidelity International to invest deposits into low-risk MMFs.
Wednesday, 29/05/2024 | 06:30 GMT by Damian Chmiel
FinTech

Revolut Enhances International Transfers with African Mobile Wallets

  • The international transfer feature has included 14 new payment corridors in nine African countries.
  • The feature now supports three digital wallets: Airtel Money, Orange Money, and MTN.
Tuesday, 28/05/2024 | 09:22 GMT by Tareq Sikder
CryptoCurrency

Ex-Revolut VP of Growth Launches Zeal to Simplify Crypto Spending

  • The new product combines a DeFi wallet and a crypto debit card.
  • The launch is possible thanks to a $2 million funding from Gnosis last month.
Wednesday, 22/05/2024 | 10:13 GMT by Damian Chmiel
CryptoCurrency

Revolut X: Fintech Firm Ventures into Crypto Exchange Arena

  • With 40 million users globally, the firm enabled cryptocurrency transactions via its app earlier.
  • The platform, accessible on desktops for UK customers, includes Bitcoin, Ethereum, and XRP.
Tuesday, 07/05/2024 | 12:55 GMT by Tareq Sikder
CryptoCurrency

Revolut's Former Exec Launches $6.5M Crypto Exchange

  • The new exchange prioritizes the self-custody of digital assets and on-chain settlement of transactions.
  • Some of its notable investors include the Founder of Lido, Konstantin Lomashuk.
Tuesday, 30/04/2024 | 20:38 GMT by Jared Kirui
FinTech

Revolut to Increase Global Headcount by 40% in 2024

  • The company aims to reach 11,500 staff by the end of the year.
  • It will focus on sales, customer support, and financial crime divisions.
Wednesday, 24/04/2024 | 06:50 GMT by Damian Chmiel
FinTech

Revolut Aims to Generate $370 Million by 2026 from Ads: Report

  • The company generated $1.1 billion in revenue in 2022.
  • The diversification push comes as it awaits the UK banking license.
Tuesday, 23/04/2024 | 10:13 GMT by Arnab Shome
Payments

Revolut India Expands Offerings with RBI Approval for Payment Instruments

  • The firm will broaden its services with the approval for forex cards and remittances.
  • Revolut has established itself as a bank in Latin America with a new banking license in Mexico.
Friday, 12/04/2024 | 15:23 GMT by Tareq Sikder
FinTech

Revolut Gains Banking Licence in Mexico: Eyes the Cross-Border Remittance Market

  • It is the second banking licence obtained by the fintech.
  • The number of users on the platform has crossed 40 million globally.
Wednesday, 10/04/2024 | 06:34 GMT by Arnab Shome
FinTech

Revolut Launches Point-of-Sale iPad App for Hospitality Industry

  • Data analytics streamlines operations and responds to market dynamics efficiently.
  • The firm offers transaction fees, starting at just 0.8% plus £0.02.
Tuesday, 19/03/2024 | 11:35 GMT by Tareq Sikder
CryptoCurrency

Revolut and MetaMask Forge Alliance to Introduce Revolut Ramp

  • The integration facilitates crypto additions to self-custodial wallets for UK and EEA users.
  • The users also have the option to conduct transactions using Visa or Mastercard cards.
Wednesday, 06/03/2024 | 09:46 GMT by Tareq Sikder
FinTech

Revolut Warns London’s Fintech Hub Status at Risk amid Rising Global Competition

  • The company's new UK boss advocates for pro-startup policies.
  • Investment in the UK fintech drops 63%, but Revolut considers London for IPO despite challenges.
Wednesday, 06/03/2024 | 08:59 GMT by Damian Chmiel
CryptoCurrency

KuCoin and Revolut Forge Alliance for Instant Euro-to-Crypto Transactions

  • Users can directly acquire various cryptocurrencies listed on KuCoin through Revolut Pay.
  • KuCoin has promised early users 0% transaction fees and a chance to share a bonus prize worth $5,000.
Thursday, 29/02/2024 | 16:25 GMT by Jared Kirui
FinTech

Revolut Launches Mobile Wallets in Singapore for Direct Transfers

  • Mobile Wallets streamline transfers without traditional bank details like IBANs or SWIFT codes.
  • Standard users will incur a 0.4% fee for remittances to Kenya and Bangladesh.
Wednesday, 28/02/2024 | 11:37 GMT by Tareq Sikder
FinTech

Automated Investing: Revolut Introduces Robo-Advisor Services in the EEA

  • With a 100 Euro minimum investment, Revolut is expanding investing opportunity.
  • Clients customize their investment parameters for the Robo-Advisor to construct a tailored portfolio.
Thursday, 22/02/2024 | 13:52 GMT by Tareq Sikder
CryptoCurrency

Digital Bank is Taking on Coinbase with a New Crypto Trading Platform

  • Revolut is launching an advanced crypto trading platform with low fees.
  • The new exchange targets seasoned traders, aiming to compete with top industry players.
Monday, 19/02/2024 | 10:24 GMT by Damian Chmiel
Payments

Revolut Introduces AI Scam Detection to Foil Fraudulent Transactions

  • The feature assesses and declines transactions with potential scam involvement.
  • The firm's financial crime team internally developed the feature.
Thursday, 15/02/2024 | 10:09 GMT by Tareq Sikder
CryptoCurrency

Bonk Goes Mainstream: Revolut's Leap into Meme Coin Adoption

  • The learn campaign aims to grow Bonk's user base by 500,000 individuals.
  • Six out of twelve council members voted in favor with no opposing votes.
Thursday, 15/02/2024 | 09:19 GMT by Tareq Sikder
FinTech

Revolut Dives Headfirst into Telecom Sector with eSIM Plans

  • The eSIM service provides affordable global data amidst Brexit-driven roaming cost hikes.
  • It offers financial services like bank accounts, currency exchange, insurance, and travel bookings.
Monday, 12/02/2024 | 09:23 GMT by Tareq Sikder
FinTech

Revolut Exposes Meta Platforms as Root of 60% of UK Scams

  • The trend exhibited a rise from 52% in the first half to a daunting 66% by December 2023.
  • The data shows that 61% of EEA scams are linked to Meta platforms, mirroring the UK's situation.
Thursday, 08/02/2024 | 10:09 GMT by Tareq Sikder
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