Revolut becomes Europe’s most valuable private tech firm after $500m employee share sale
Following the share sale, Revolut is now valued at $45 billion, up from $33 million in 2021.
Following the share sale, Revolut is now valued at $45 billion, up from $33 million in 2021.
Our pick of the top fintech news stories this week includes Revolut, UniCredit, Modulr and more.
Revolut has been in pursuit of a UK banking licence since 2021, when it first lodged its application with the PRA.
Our pick of the top fintech news stories this week includes Revolut, BlackRock, Project Nexus and more.
Revolut’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023.
Bonds join Revolut’s investment offering of ETFs, and US and EEA shares.
The UK challenger claims its staff headcount already surpassed 10,000 during the first quarter of the year.
The UK-based challenger will make its Mexican debut with money transfer services.
Vytautas Danta, CCO and deputy CEO of Revolut’s European entity, discusses the fintech’s remarkable rise.
Elliott-Gross has been appointed as Wise’s global director of product compliance this month.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Carlesi will lead Revolut NewCo UK, the entity that has applied for the fintech’s UK banking licence.
The fintech reportedly allowed funds to be released from accounts which were flagged as suspicious by the National Crime Agency (NCA).
Here’s our pick of five of the top news stories from the world of finance and tech this week.
From 3 October, access to crypto through Revolut will be fully disabled for US customers.
15 fintechs including Wise, Monzo, Revolut and Klarna have penned an open letter to UK chancellor Jeremy Hunt.
Tap to Pay allows businesses to accept in-person, contactless payments on an iPhone, without need for hardware.
Flaws in its US and European payment systems meant that some declined transactions were wrongly refunded.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The PRA reportedly intended to issue a warning notice to Revolut over its balance sheet.
Salovaara’s departure follows the exit of James Radford in March, who served as chief executive of banking.
Revolut will initially offer a multi-currency account and crypto investing for customers.
Schroders has marked down its Revolut shareholding by 46%, and its stake in Atom Bank by 31%.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
A wave of British and European fintechs are seeking a foothold in the US finserv market.
The round hit its target in less than 72 hours.
UK fintechs collaborate to help consumers spend smarter and reach saving goals.
It already serves clients with Singapore presence.
The firm has been accused of violating basic banking rules.
Challengers Starling and Revolut, Tink, and the importance of digital assets.
The fintech is upping its regulatory game.
CEO unveils his cunning plan to build a global licensing team.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Will begin operations in 2019.
US and Canada may be delayed but in APAC it prepares for Q1 2019 launches.
To enable US expansion.
Revolut’s 2017 revenue stands at £12.8m and customer base at 1.3m.
Challenger responds: “We’re really not sure what the story is here.”
To those about to withdraw we salute you.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!