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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
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
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