Revolut is a digital banking alternative that includes a prepaid debit card, currency exchange and peer-to-peer payments. It is on a mission to build a fair and frictionless platform to use and manage money around the world.
January 11, 2021In today’s top digital-first banking news, British challenger bank Revolut is seeking a U.K. financial services license, while Capital One has agreed to join Fiserv’s surcharge-free MoneyPass ATM network. Plus, ...
January 11, 2021British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).
Nik Storonsky, founder and CEO at Revolut, said ...
December 29, 2020A dispute over worker bonuses initially led to a job action — and now a court case in Poland — claiming that the U.K.-based FinTech Revolut dismissed an employee who ...
December 14, 2020In today’s top news in digital-first banking, Huntington Bancshares is joining forces with TCF Financial in a $22 billion deal, while Revolut has rolled out four new crypto tokens. Plus, Cleo ...
December 11, 2020London challenger bank Revolut has rolled out four new crypto tokens — EOS, OMG Network, Tezos and 0x — for users in the Europe Economic Area (EEA), the company said ...
December 9, 2020In today’s top news in digital-first banking, U.K. FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for its public offering preparations. Plus, ...
December 9, 2020A tech upstart – a FinTech, no less – breaking even in 2020?
Could happen.
For more than one company.
We’re being a bit tongue in cheek, but the fact remains that digital-only ...
December 9, 2020London FinTech Revolut has introduced Pockets, a new organization tool intended to help people organize their payments and better manage their spending.
“We understand how difficult it is to stay on ...
December 7, 2020In today’s top news, Airbnb raises its IPO pricing just days before its date to go public, Paysafe could go public through a SPAC merger and Revolut launched an acquiring ...
December 7, 2020Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners ...
December 7, 2020In today’s top payments news around the world, Revolut has debuted an acquiring solution for its Revolut Business starter pack, while online shopping website JD.com is taking digital yuan. Plus, the ...
December 4, 2020Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online. The product will feature ...
December 2, 2020In today’s top news, SWIFT launched gpi instant for real-time cross border payments, and Revolut introduced an early payday option for U.K. users. Plus, Cyber Monday brought in a record ...
December 2, 2020In today’s top news in digital-first banking, Revolut is introducing a new function in the U.K. that will offer access to direct deposits a day early, while SWIFT is rolling ...
December 2, 2020London-based FinTech Revolut is introducing a new feature in the U.K. that will give its more than 3 million customers access to direct deposits a day early.
“Early access to salaries ...
November 17, 2020In today’s top news in digital-first banking, Transcard is rolling out an account-to-account (A2A) offering, while Banco Santander has closed a deal for Wirecard’s technology infrastructure. Plus, Revolut announced the debut ...
November 17, 2020Revolut announced Tuesday (Nov. 17) that, in collaboration with TrueLayer, it will expand into Germany. Earlier this year, the European digital bank had taken on Ireland, France and Italy.
In a ...
October 20, 2020We’d hate to spoil the surprise .. so we won’t. Or perhaps it’s more accurate to say “they” didn’t spoil the surprise. Who are “they?” They are the brands tracked ...
October 19, 2020Global Processing Services (GPS), the payments issuer processor, has a new strategic investment from Visa to help GPS launch new products and continue expanding, according to an emailed press release.
The move ...
October 16, 2020It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools to speed up business-to-business (B2B) ...
October 16, 2020It’s been another busy week in the world of payments and commerce, with the expansion of installment point of sale (POS) credit and digital banking.
Jeremy Allaire, CEO at Circle, joined Karen ...
October 13, 2020In today’s top news, Revolut is reportedly close to applying for a U.S. banking license, and a central bank digital currency would exist alongside cash. Plus, Amazon launched a QR ...
October 12, 2020European digital bank Revolut, the continent’s largest such institution with 13 million users, is close to applying for a U.S. banking license, according to a report by CNBC.
The FinTech, which ...
October 8, 2020In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. Plus, Revolut launches a savings tool for kids.
Apple, ...
October 8, 2020In today’s top news in digital-first banking, Revolut is rolling out a new feature to encourage youth to stash cash, while the Bank of Korea has indicated that it plans ...
October 8, 2020Revolut is rolling out a new tool called Goals for its Junior savings card and app that encourages youth to stash away money. The app’s three pillars — allowances, tasks ...
September 3, 2020One of Europe’s largest brokerage firms is offering crypto trading services in Australia.
Revolut Ltd., the London-based startup mobile bank, announced Thursday (Sept. 3) that Aussie customers can now buy and sell up ...
August 19, 2020Revolut Ltd., the British financial technology (FinTech) company, has introduced what it describes as a simple way to track, split and settle expenses instantly, in one place.
Group Bills promises to ease the ...
August 11, 2020Revolut’s website promises to deliver “All your money needs in one app.” With its losses mounting, the London-based digital bank may need to tap into its corporate reserves to keep ...
July 31, 2020It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ...
July 28, 2020In today’s top news, Amazon will expand its Amazon Fresh delivery service in the U.K., and Mastercard and the Bank of Shanghai have expanded cross-border business payments in China. Plus, ...
July 28, 2020FinTech Revolut is working with Decision Tech, a price-comparison technology company, to launch a new service to help users compare — and switch — providers of gas, electricity, broadband, mobile and ...
July 27, 2020Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut, one year after coming aboard to bring his seasoned skills to the startup, the ...
July 24, 2020London startup mobile bank Revolut Ltd. has secured $80 million in new funding at a $5.5 billion valuation as part of its Series D round that kicked off five months ...
July 15, 2020European FinTech Revolut, which recently debuted in the U.S. with an app and debit card, is expanding its range of services into the realm of cryptocurrency trading with a big ...
July 1, 2020In a PYMNTS interview, NICE Actimize Head of Fraud Strategy Rob Tharle shed light on a nasty downside to the proliferation of open banking around the globe.
“Open banking promises to ...
June 25, 2020Revolut Ltd., the British financial technology company headquartered in London, has added American Express to its open banking platform.
The feature allows customers in the United Kingdom to connect their American ...
June 15, 2020Korea’s central bank has rolled out a legal advisory group to look at potential challenges to bring a central bank digital currency (CBDC) to fruition, The Korea Times reported.
The panel’s ...
June 10, 2020App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital Banking Apps shows consistency at ...
May 20, 2020London-based FinTech Revolut said it will “integrate” its products with Clear Books, which offers accounting software for small businesses.
The pair-up will enable customers to “view transaction records, track whether invoices ...