Revolut

345 results about this entity

Period: 20 Jul 2015 - 13 Sep 2024

/startups

Revolut’s Storonsky sells $300 million in company stock

Founder and chief exec at fintech giant Revolut, Nik Storonsky, has reportedly sold shares worth up to $300 million (£230 million) in the company.

/wholesale

Revolut doubles down on B2B market opportunity

Revolut's head of business says the fintech is 'agressively doubling down" on the B2B market as annual revenues at the unit surpass $500 million.

/crypto

Revolut rolls out virtual crypto payment cards

Revolut is rolling out dedicated crypto payment cards for spending on everyday items.

/payments

Revolut signs global Visa Direct agreement for cross-border business transactions

Revolut has teamed up with Visa to offer business customers instant card transfers for cross-border transactions.

/regulation

Revolut granted access to Israeli payment rails

The Bank of Israel has announced the issuance of an identification code to a second global fintech company that has chosen to operate in Israel as a participant in a controlled payment system – Revolut Ltd.

/retail

Molten Ventures feels the upside of Revolut's $45 billion valuation

Fintech VC Molten Ventures has seen the value of its £7 million initial stake in Revolut boosted to £160 million following the recent share sale which valued the SuperApp at $45 billion.

/retail

Revolut hits $45bn valuation in secondary share sale

Revolut has secured a $45 billion valuation in a secondary share sale with new and existing investors.

/markets

SME Finance Taskforce announces plan boost UK economic growth

The SME Finance Taskforce has released its coalition plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.

/regulation

Revolut finally wins UK banking licence

Revolut's long-term quest to gain a UK banking licence is over, with the Prudential Regulatory Authority granting the licence with restrictions.

/security

Customer complaints over fraud reimbursement by Revolut surge

The UK's Financial Ombudsman has fielded a 35% surge in customer complaints about requests for reimbursement over scam thefts being denied by Revolut.

/retail

Tiger Global explores $500m Revolut share deal - Sky News

Existing investor Tiger Global Management is in talks to lead a $500 million secondary share sale for Revolut that would value the UK-based fintech giant at at least $40 billion, according to Sky News.

/retail

Revolut soars to record profit

Fintech juggernaut Revolut has surged to a record profit of $545 million in 2023, boosting its long-term quest to secure a UK banking licence.