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FinTech
Revolut Reaches 5 Million Romanian Customers as 77% of Card Payments Turn Local
2026-10-01T22:10:00.000+02:00
Local IBANs, lending and savings products are helping shift Revolut from a travel and payments app toward an everyday banking account in Romania.
The company reports growing use as a primary account, but number of active user is not disclosed.
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Revolut Wins Approval to Acquire Argentine Bank, Targets 2027 Launch
2026-09-25T21:10:00.000+02:00
The approval allows Revolut to acquire and rename Banco Cetelem, but the bank will not initially serve customers.
More than 150,000 people have joined the waitlist ahead of a commercial launch targeted for 2027.
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FinTech
DriveWealth Security Incident Exposes Revolut, Stake and Hatch Customer Data
2026-09-24T19:00:00.000+02:00
The exposed data varied by platform, with some Stake and Hatch records including aggregate portfolio values, cash balances and investor-profile information.
The affected records include historical data retained after some customers had closed or migrated their accounts.
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Payments
Revolut Lets UK Shoppers "Pay with Smile." Will Its Trading App Be Next?
2026-09-24T08:34:42.100+02:00
Opted-in customers can check out with a glance at three London cafes until Saturday, and merchants pay no fee.
The bank has not said whether the check will reach other products in its app, such as investing.
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FinTech
Revolut Wants "Effectively Zero Risk" as a Bank. That Means Almost No Lending
2026-09-21T09:11:02.494+02:00
Nik Storonsky told the Financial Times the group will keep loans at 10-20% of deposits at most and sell on what it makes.
The stance follows bank licenses in the UK and France and a conditional US charter this year.
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FinTech
Revolut Reconsiders London Listing after Storonsky Said LSE “Can’t Compete”
2026-09-17T17:01:00.000+02:00
Storonsky still prefers the US market because it offers greater liquidity and a larger pool of institutional and individual investors.
New UK listings receive a three-year exemption from the 0.5% share tax, although Revolut has not linked the relief to its plans.
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FinTech
Revolut Hires Crypto.com Sales Head to Build Its Institutional Crypto Business
2026-09-15T21:09:00.000+02:00
Khatwani held three institutional sales roles at Crypto.com since 2022.
He has moved to Dubai as Revolut advances its UAE crypto approvals.
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FinTech
Revolut Breach Shows How KYC Data Became a Honeypot for Scammers
2026-09-14T16:55:33.484+02:00
Financial firms must retain identity and transaction records that criminals can use to identify and approach valuable targets.
Two separate Revolut cases show how the risk can emerge without a conventional breach of banking systems.
An unidentified group claims it is publishing stolen Revolut customer data and demanding 10,000 BTC; neither claim has been independently verified or confirmed by Revolut.
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FinTech
Revolut Offers Staff £1,000 Bonuses in FTSE 250 Banking Push
2026-09-09T09:15:00.000+02:00
The division has 800,000 customers and aims to reach 1 million globally by 2027.
Its full UK bank license unlocks the credit products that larger companies typically require.
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FinTech
Revolut Secures Conditional Approval for US Bank Charter
2026-09-03T18:04:28.602+02:00
Earlier, the firm shifted from pursuing a US bank acquisition to seeking its own national charter.
The company still faces regulatory work with the OCC, FDIC and Federal Reserve.
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FinTech
Revolut Launches Euro Stablecoin With Only EUR 374 in Circulation
2026-08-26T09:44:27.529+02:00
Stripe-owned Bridge formally issues EURR while the fintech distributes it through its app and Revolut X.
The MiCA-regulated token began its public offer on August 20 and currently operates on Ethereum and Polygon.
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Payments
Revolut Has 1.2 Million Australians. Mortgages Could Be Next
2026-08-18T11:27:37.063+02:00
Fresh banking approval gives the fintech room to expand beyond payments and foreign exchange.
Four major lenders control at least 70% of the market, and no product or launch date has been announced.
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Executives
Revolut Appoints Ex-Trading.com CEO Georgios Vasiliou to Head Cyprus Crypto Unit
2026-08-14T09:31:13.183+02:00
Vasiliou spent 12 years with XM's Group, rising through the ranks from dealer to risk management and ultimately becoming CEO.
The hire follows a pattern for Revolut, which draws senior talent from the local brokerage industry with a focus on risk.
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Payments
Revolut en 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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