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Payments
Revolut in France: The Neobank Gets Its Banking Licence
2026-08-10T09:23:26.286+02:00
The ECB Governing Council adopted the decision after a joint assessment with France's ACPR, Revolut said.
Supervisors curbed new product launches at Revolut's Lithuanian bank in 2025, and those limits may carry over.
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Retail FX
Weekly Roundup: Retail Brokers Drop 'Markets'; Revolut Drives Lithuania's 2.5M Cross-Border Clients
2026-08-08T09:00:00.000+02:00
An "international investment group" acquired controversial Thai CFD broker QRS Global and relaunched it as Brex Capital.
Interactive Brokers confirms APAC data centre login disruption affected clients.
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FinTech
ESMA Didn’t Say How Lithuania’s Cross-Border Clients Jumped 5,000x. Is It Because of Revolut?
2026-08-06T13:00:00.000+02:00
Lithuania accounted for 24% of all EU/EEA cross-border retail client relationships, only behind Germany, in ESMA's 2024 dataset, despite having only one firm serving all 29 other EEA markets.
Revolut's Lithuanian unit has the closest documented match: its filings show that more than 1.1 million EEA customers migrated in 2023 and that over 2.5 million customers were served by year-end.
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Retail FX
Revolut Discusses a $500 Billion Founder Award. The Talks Start Before Its $200 Billion IPO Target Is Reached
2026-08-05T19:01:00.000+02:00
Revolut is in talks with investors over a new share award for CEO Nik Storonsky that would trigger at a $500 billion valuation.
The company is valued at about $115 billion in a secondary round, with no agreement announced on any new incentive structure.
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CryptoCurrency
Revolut Moves Closer to UAE Crypto Launch with VARA In-Principle Approval
2026-07-15T11:34:03.434+02:00
The firm plans to introduce broker-dealer, exchange and investment services in the UAE after securing final approvals.
MultiBank and CoinMENA recently secured VARA approvals following the alignment of VARA and SCA licensing frameworks.
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Executives
Exclusive: Revolut’s Cyprus Digital Assets Unit Chief Is Stepping Down
2026-07-06T13:53:14.250+02:00
Despite his exit, Costas Michael will remain an advisor to the board of directors of the fintech giant.
Michael set up Revolut’s digital asset unit in Cyprus, which now holds a MiCA licence.
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Retail FX
Prop Firms Lean on Consumer Fintech Rails to Keep Traders Funded and Paid
2026-06-23T22:54:38.055+02:00
BrightFunded announced a partnership with Revolut, making the fintech its designated payment partner.
Rival Finotive Funding offers Revolut as one of several standard payout options.
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Trending
A 2 A.M. Alert, a Bad Night’s Sleep and a £25 Revolut Payout
2026-06-18T22:42:43.706+02:00
UK Financial Ombudsman has ordered Revolut to pay £25 after late-night push notifications woke a customer.
According to City A.M., the customer received two early-hours alerts on separate days that triggered concern about his account.
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Brokers
Revolut's Swiss Tactics "Border on Unfair Competition," Yuh CEO Says
2026-06-04T14:00:00.000+02:00
De Schepper says rivals skip the FINMA costs Swiss banks must bear. He still wants Yuh at 1 million users, leaning on its chatbot to avoid hiring.
Yuh holds a fraction of Revolut's 1.2 million Swiss users, but now targets 1 million without adding staff.
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Retail FX
Revolut Is the Most Disruptive Name in Retail Trading. Nobody in the Industry Wants to Say It.
2026-06-02T11:00:00.000+02:00
With 68 million customers, a $75 billion valuation, banking licenses, and crypto licenses, Revolut already has the distribution network and reputation to pump its presence in CFD trading.
The platform already launched CFD trading in 29 countries.
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FinTech
Revolut Hires Coinbase Risk Chief to Drive Global Crypto Expansion
2026-05-14T10:42:59.192+02:00
Michael Schroeder said his focus will be on licensing, regulatory readiness, operations, and market launches.
The US remains a notable gap in Revolut’s crypto expansion strategy.
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FinTech
Revolut Steps Up Israel Hiring as It Pushes for “Lean Bank” License
2026-05-12T18:51:24.104+02:00
The fintech giant is hiring a Strategy and Operations Manager to support its Israeli growth remotely.
Revolut is engaging Israeli regulators for a lean bank license, which lets non‑banks take deposits and extend credit.
It already holds a local payment services license, granted alongside Rapyd, Mesh Payments, and Airwallex.
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Institutional FX
Revolut Delays IPO to 2028 and Focuses on U.S. Banking License and B2B Expansion
2026-04-20T19:42:00.000+02:00
Storonsky says trust remains a key factor, with public companies seen as more credible than private ones.
Revolut is delaying its IPO as it focuses on building scale and securing key banking licenses.
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Analysis
Retail Trading Apps Chase High-Net-Worth Retail in Shift From Free-Trade Roots
2026-04-13T11:50:02.943+02:00
Companies like Robinhodd and Revolut that built their brands on free trades are now courting wealthier customers with elite club tiers.
Executives say the push is meant to stop maturing users from defecting to Goldman Sachs, JPMorgan and other traditional wealth managers.
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Retail FX
Revolut Quietly Rolls Out CFD Trading in 29 Countries
2026-03-24T12:54:22.371+02:00
The platform is offering CFDs through its Lithuanian entity, which is MiFID II-licensed.
It first rolled out CFDs in three EU countries in September 2024.
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FinTech
Revolut Pretax Profit Climbs 57% as Customer Base Tops 68 Million
2026-03-24T10:10:16.750+02:00
Revolut posted a record £1.7 billion pretax profit in 2025, up 57% year on year, as revenue rose 46% to £4.5 billion.
The firm also cleared its UK banking mobilization phase and filed for a US national bank charter in March 2026.
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FinTech
Revolut Can Now Hold Britons’ Cash and Lend It, After Securing a Full UK Bank License
2026-03-11T16:43:45.218+02:00
The fintech's new entity will offer accounts protected by the Financial Services Compensation Scheme.
Revolut’s license was delayed for four years amid concerns over its risk controls.
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Analysis
Revolut Built a Trading Desk With AI in 30 Minutes. Will Prompts Replace Broker Platforms?
2026-03-09T10:00:10.081+02:00
A side project by two engineers is forcing a hard look at what CFD firms and fintech platforms actually sell.
Revolut's MCP experiment exposes a widening gap between crypto-native firms and traditional retail brokers still competing on interface design.
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CryptoCurrency
FCA Picks Four Firms for Stablecoin Trials in Sandbox Ahead of Next Year’s Crypto Rules
2026-02-25T15:51:05.369+02:00
The regulator has selected Revolut, Monee, ReStabilise, and VVTX to begin stablecoin sandbox trials in Q1 2026.
Firms must meet governance, financial crime, and Consumer Duty rules for authorisation.
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FinTech
Revolut Hits 1 Million Users in Australia, Plans $400M Investment
2026-02-09T12:52:29.981+02:00
The London-based fintech joins Up and Ubank in the million-customer club six years after market entry.
Revolut claims it has saved Australians over $250 million in foreign exchange fees compared to traditional banks since 2020.
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FinTech
Revolut Sees Easier Path Into US Banking Without Buying a Bank
2026-01-23T16:54:16.505+02:00
The fintech giant has reportedly dropped plans to acquire a US lender, opting for a direct bid for a banking license.
Revolut recently announced that it is seeking a banking license in Peru.
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FinTech
Revolut Files for Peru Banking License in Fresh LATAM Push
2026-01-19T17:17:52.695+02:00
If approved, Peru would be the fintech giant’s fifth market in the region, after Brazil, Mexico, Colombia, and Argentina.
The license would let Revolut offer localized services rather than relying on cross-border or e-money models.
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Payments
Mastercard, Visa, Revolut Lose UK Court Fight as Judge Backs Cap on Cross-Border Card Fees
2026-01-15T16:09:00.266+02:00
The regulator argued that Mastercard and Visa raised fees to excessive levels after Brexit, increasing costs for UK merchants.
It stemmed from the PSR’s 2024 consultation on reinstating a limit on cross‑border interchange fees.
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FinTech
Revolut Hits 6 Million Users in Spain, Becoming Fourth Largest Bank by Penetration
2026-01-09T13:16:14.653+02:00
Revolut’s Spanish growth shows how digital banks can quickly gain scale in mature markets.
Spain has become Revolut’s third-largest market globally, reflecting deeper use of savings, investments, and cash services beyond basic payments.
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FinTech
Revolut Wants to Enter Turkey by Acquiring a Local Bank
2026-01-07T12:43:52.345+02:00
The London-based fintech eyes purchase of FUPS as expansion strategy accelerates.
In the meantime, it has also been looking toward Israel, Argentina, and China.
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