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FinTech

Revolut Introduces "Mobile Wallets" for International Money Transfers

  • This new feature aims to enhance cross-border transactions.
  • It reduces the risk of errors in the money transfer processes.
Monday, 22/01/2024 | 15:30 GMT by Jared Kirui
Trending

Revolut Accused of Playing Fast and Loose with Customers' Bio Data

  • And it's all about selfies.
  • Revolut is accused of impropriety regarding customer data.
  • Charges could reach $5,000 per case over the past 5 years.
Monday, 15/01/2024 | 11:44 GMT by Louis Parks
CryptoCurrency

UK Crypto on Pause: Why Are Revolut and Others Halting Services?

  • Revolut temporarily pauses some services for UK Business customers due to new FCA rules.
  • Other firms also halt services as crypto works to ensure long-term compliance.
Monday, 25/12/2023 | 13:10 GMT by Sam White
FinTech

Revolut Files Delayed 2022 Financials: Revenue Jumps 45% to $1.1B

  • The company is projecting $2 billion in revenue for 2023.
  • It added over 10 million customers last year.
Friday, 22/12/2023 | 09:46 GMT by Arnab Shome
Retail FX

Revolut to Report over $2 Billion Revenue in 2023, Adds 300K Users Weekly

  • Amidst challenges, Revolut grows users and aims to become a "super app."
  • The fintech has amassed over 40 million clients worldwide.
Wednesday, 20/12/2023 | 12:57 GMT by Damian Chmiel
CryptoCurrency

Revolut Launches Crypto Trading in New Zealand with over 100 Pairs

  • The fintech firm has integrated a third-party crypto tax reporting solution on its platform.
  • It will limit crypto services to UK business customers next month.
Wednesday, 20/12/2023 | 05:05 GMT by Arnab Shome
CryptoCurrency

Revolut Folds in UK, Robinhood Bets on EU: What’s Shaping Crypto in Europe?

  • Both the UK and EU are bridging crypto-specific rules and regulations.
  • The UK’s rules are mainly around the limitations of crypto promotions.
Tuesday, 19/12/2023 | 11:17 GMT by Arnab Shome
CryptoCurrency

Revolut Halts Crypto Purchases for UK Business Customers: Report

  • This step is in response to the regulations imposed by the FCA.
  • The suspension will be effective from January 3, 2024.
Monday, 18/12/2023 | 18:39 GMT by Jared Kirui
FinTech

Revolut Contemplates Auditor Swap Ahead of Banking License Decision

  • The company has disputed a recent audit report.
  • This move has raised a concern about the impact on Revolut's application for a banking license.
Tuesday, 28/11/2023 | 15:55 GMT by Jared Kirui
FinTech

Personal Finance Apps: Convenience or Privacy Nightmare?

  • Top apps like Robinhood, Chime, and Klarna lead in data collection.
  • RetailMeNot stands out for requiring the least personal data among finance apps.
Thursday, 23/11/2023 | 18:56 GMT by Jared Kirui
FinTech

Revolut Unlocks the Bond Market for Retail Investors in Europe

  • The UK fintech plans to offer retail investors a chance to trade bonds.
  • Investment will start from €100, lowering the entry barrier.
Monday, 20/11/2023 | 08:47 GMT by Damian Chmiel
Retail FX

News Nuggets | 13 November: Revolut Raises Fees; Lloyds Alerts on Crypto Scams

  • Also, CMO announces the New Head of Growth; Torstone aligns with DTCC and Mizuho anticipates higher revenue.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Monday, 13/11/2023 | 12:19 GMT by Damian Chmiel
Executive Moves

Revolut Hires UK CEO Ahead of Banking License Approval

  • The UK fintech applied for a banking license in the country in 2021.
  • Francesca Carlesi will head the Revolut entity that has applied for the banking license.
Thursday, 02/11/2023 | 10:35 GMT by Arnab Shome
FinTech

Revolut Doubles Financial Crime Head Count in Bid to Police Fraud

  • Revolut aims at improving security and maintaining regulatory compliance.
Tuesday, 31/10/2023 | 17:06 GMT by Pedro Ferreira
Retail FX

Revolut Aims at European Advanced Traders with Pro Subscription and Extended Market Hours

  • Revolut launches Trading Pro, a specialized subscription for advanced traders in the EEA.
  • The service offers discounted fees, higher trade limits, and advanced analytics.
Tuesday, 31/10/2023 | 08:53 GMT by Damian Chmiel
Trending

Revolut and the Fight against Financial Fraudsters

  • More staff funneled into ongoing battle.
  • The company’s FinCrime team doubles its headcount since 2021.
  • 77,000 would-be crime fighters apply for roles.
Monday, 30/10/2023 | 12:36 GMT by Louis Parks
Retail FX

Revolut Takes On European Stock Market with Zero Fees

  • The company has introduced 70+ European-listed stocks on its EEA trading platform.
  • Revolut plans to expand the listed stocks in the new offering.
Monday, 23/10/2023 | 20:37 GMT by Jared Kirui
FinTech

Revolut 10: New Features Aim to Simplify Financial Tasks

  • 10 October was the launch day for Revolut 10, the updated version of neobanking app.
  • The company is trying to obtain a banking license in the UK and, theoretically, in the US.
Wednesday, 11/10/2023 | 08:50 GMT by Damian Chmiel
FinTech

Paving the Path to UK Banking License: Revolut Strikes Deal with SoftBank

  • Softbank agreed to give up its preferential rights.
  • Revolut applied for the UK banking license in 2021.
Wednesday, 04/10/2023 | 07:45 GMT by Arnab Shome
FinTech

Revolut under Scrutiny: FCA Probes Suspicious Account Transactions

  • The regulator is investigating whether Revolut allowed transactions flagged by the NCA.
  • Up to £1.7 million was allegedly released from these accounts in July and August.
Monday, 02/10/2023 | 17:39 GMT by Jared Kirui
Trending

Revolut Alum's Apron Rakes in $15M for Invoice Innovation

  • Apron aims to streamline invoicing for smaller businesses.
  • The team is staffed with a wealth of experience from a range of fintechs.
Monday, 02/10/2023 | 12:05 GMT by Louis Parks
FinTech

Is Revolut Missing its Annual Accounts Deadline a Big Deal?

  • What is going on with Revolut?
Thursday, 28/09/2023 | 12:10 GMT by Pedro Ferreira
FinTech

Revolut Aims to Strengthen Digital-Age Mortgage Services

  • Revolut is prioritizing its primary account users for its mortgage offering.
  • The organization is actively hiring for important finance positions.
Thursday, 21/09/2023 | 11:09 GMT by Tareq Sikder
FinTech

Third Time’s a Charm? Why Revolut Can’t Seem to Publish Its Financials

  • Revolut was due to release its 2022 results last week.
  • The company has been given a third deadline to publish financial data.
Wednesday, 20/09/2023 | 12:39 GMT by Damian Chmiel
FinTech

Will Revolut Ever Come to the US?

  • A look into Revolut's expansion strategy.
Tuesday, 19/09/2023 | 13:58 GMT by Pedro Ferreira
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