revolut
Revolut’s EU Trading Unit Gains MiFID II Upgrade from Lithuania Following €3.5 Million Fine
- The Bank of Lithuania upgraded Revolut’s European trading unit to a Category A firm.
- Recently, the firm launched Revolut X, a crypto trading app for UK users.
Wednesday, 23/04/2025 | 14:24 GMT by
Tareq Sikder
Revolut Targets Young Traders With New Crypto App, Taking on Binance and Coinbase
- The company's renewed focus on crypto follows regulatory challenges which forced it to pause services in the UK and US.
- Revolut X is a dedicated crypto platform launched by Revolut last year, initially for users in the UK.
Wednesday, 26/03/2025 | 14:10 GMT by
Jared Kirui
From Tapas to Taxes: Revolut Expands Its Reach in Spain
- Revolut is reportedly partnering with authorities to allow users to pay taxes through app.
- The fintech firm has also introduced Revolut Terminal in Spain for business transactions.
- These moves align with Revolut’s ongoing international expansion strategy.
Wednesday, 19/03/2025 | 09:12 GMT by
Louis Parks
Revolut's Evolution—From Fintech Maverick a UK Banking Behemoth?
- Revolut is hiring 100+ staff as it mobilizes for its UK banking license.
- The fintech aims to become a primary banking partner, not just a disruptor.
- Regulatory hurdles persist, but Revolut is pushing forward undeterred.
Monday, 17/03/2025 | 11:11 GMT by
Louis Parks
Revolut vs. The UK Regulator: Battle Over Interchange Fees Heats Up
- Revolut & Visa challenge UK regulator’s plan to cap interchange fees as anti-competitive.
- The companies argue the cap would harm fintech innovation and market dynamics.
- Meanwhile, Revolut may be expanding into South Africa, adding to its global ambitions.
Monday, 10/03/2025 | 10:15 GMT by
Louis Parks
Revolut Joins Forces with Wizz Air Amid Singapore Moves
- Revolut teams up with Wizz Air to simplify payments for travelers.
- The fintech firm is expanding rapidly in Singapore with new features.
- CEO Nik Storonsky criticizes European startups for not working hard enough.
Friday, 07/03/2025 | 10:04 GMT by
Louis Parks
Revolut’s $60 Billion Valuation Spurs Investor Push for New Share Sale: Report
- Existing shareholders are reportedly showing interest in selling their stakes.
- Strong market confidence in Revolut has led to intense investor demand, as seen in previous oversubscribed funding rounds.
Thursday, 27/02/2025 | 21:56 GMT by
Jared Kirui
Revolut Sticks to Hybrid Work as It Moves to London HQ: Launches in Ukraine
- Despite industry trends pushing for office returns, the CEO stated: "We care more about what you do than where you do it."
- Over €1 billion has been sent to Ukraine through Revolut since 2022, mainly from Germany, the UK, Poland.
Thursday, 20/02/2025 | 17:04 GMT by
Tareq Sikder
Revolut Eyes Up Spain, Europe with Instalment Plans and More
- Revolut launches instalment payment plans in Spain for purchases over €50.
- The fintech firm integrates Bizum and plans to roll out branded ATMs in Spain.
- Revolut's European expansion includes eSIM services and upcoming mortgage offerings.
Tuesday, 11/02/2025 | 10:50 GMT by
Louis Parks
Revolut Kicks Off First Women’s Football Partnership with Manchester City
- The partnership includes Revolut branding on Manchester City Women's training kit sleeve.
- A Revolut takeover is scheduled for the City v Chelsea game at the Etihad Stadium in March.
Thursday, 16/01/2025 | 13:51 GMT by
Tareq Sikder
Changelly Taps Revolut in Push to Boost European Crypto Access
- The exchange partners with the fintech giant to provide competitive crypto purchasing rates for EEA users through Revolut Ramp integration.
- The collaboration enables seamless transactions for over 30 cryptocurrencies using 20+ fiat currencies.
Thursday, 16/01/2025 | 10:00 GMT by
Damian Chmiel
Revolut Leads Digital Banking Surge in The UK as Downloads Top Legacy Banks
- UK neobanks have achieved a milestone by surpassing traditional banks in app downloads, reaching 71.78M Android users.
- Revolut leads the neobank pack with 15.6M downloads in 2024.
Thursday, 19/12/2024 | 10:25 GMT by
Damian Chmiel
Revolut Share Sales Hit $1B Mark as Investors Cash In
- Revolut's early backers and employees have sold shares through a secondary offering, valuing the company at $45 billion.
- The sale attracted major institutional investors, including Mubadala and Goldman Sachs' private banking clients.
Monday, 16/12/2024 | 09:26 GMT by
Damian Chmiel
Investment Tech Provider to N26 and Revolut Raises €100M
- Berlin-based Upvest successfully closed Series C to scale its investment infrastructure technology that processes over 1M trades weekly.
- The company plans to expand in the UK and develop its products while serving major platforms, reaching 50M+ users across Europe.
Thursday, 12/12/2024 | 09:52 GMT by
Damian Chmiel
Revolut Applies for Bank License in New Zealand Following Its Launch in 2023
- The firm launched in New Zealand in July last year, processing NZ$350 million in transactions.
- The company offers cryptocurrency trading, a service not provided by any New Zealand bank.
Thursday, 05/12/2024 | 17:19 GMT by
Tareq Sikder
Revolut CEO Explains Why London Can’t Compete with Wall Street
- Nikolay Storonsky recently emphasized that the US market currently offers better IPO opportunities.
- He pointed out the 0.5% stamp duty on share transactions and limited liquidity as major barriers in the UK.
Tuesday, 03/12/2024 | 20:26 GMT by
Jared Kirui
Revolut's Plans for 2025: Is FinTech Eating the Banks’ Lunch?
- Revolut to roll out smart ATMs, AI-powered banking, and mortgages in an ambitious 2025 strategy.
- The hybrid model blends physical touchpoints with digital innovation.
- Traditional banks face pressure to modernize in the face of nimble FinTech competitors.
Monday, 02/12/2024 | 09:15 GMT by
Louis Parks
Bleap Secures $2.3M in Funding, as Revolut Grows Crypto Reach, M&A Team
- Two ex-Revolut employees raised funds to develop Bleap, a self-custodial stablecoin app.
- Users can spend stablecoins directly via a Mastercard debit card with no conversion fees on Bleap.
Thursday, 28/11/2024 | 11:18 GMT by
Tareq Sikder
Revolut Maps $100 Billion Revenue Target With US Banking Pivot
- CEO Nik Storonsky signals a potential new push for US banking license, acknowledging past regulatory approach was flawed.
- The fintech giant aims for ambitious growth, targeting 100 million customers and $100 billion in revenue.
Thursday, 21/11/2024 | 07:32 GMT by
Damian Chmiel
Revolut Launches UK and EU Stock Trading in 2025 Following FCA Approval
- The firm enters a competitive UK stock trading market, competing with Trading 212 and Freetrade.
- The fintech plans to explore tax-advantaged accounts and margin investing in the future.
Monday, 18/11/2024 | 13:55 GMT by
Tareq Sikder
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