Tag: revolut

Revolut
December 20, 2023 BY Simon Mugo

Revolut Generates $2Bn in Revenues, Adds 40m Clients Globally

Despite a challenging year for fintech companies, Revolut has experienced substantial growth, driven by an influx of new customers. The startup attracts nearly 300,000 users weekly, expanding its global customer base to nearly 40 million. This impressive growth comes amidst stiff competition from traditional banks and other fintech startups. The latest financial developments offer reassurance…

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November 03, 2023 BY Elizabeth Anderson

Revolut appoints Francesca Carlesi as its new UK CEO

Carlesi brings 15 years of experience to the table, having previously held senior positions at Deutsche Bank, Barclays, McKinsey & Co., and Bridgepoint Capital. Revolut indicated to CBNC Tech that the appointment has nothing to do with its application for a UK banking licence. This licence will enable Revolut to offer lending products, such as…

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October 24, 2023 BY Elizabeth Anderson

Revolut adds European stocks to platform

Rolandas Juteika, Head of Wealth and Trading (EEA), noted that the FinTech company works continuously to make investing and trading accessible to all members of society. Juteika stated: We want to bring our customers easy access to companies that are closer to them. From Adidas to Zalando, our customers can now invest in well-known European…

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September 21, 2023 BY Elizabeth Anderson

Revolut postpones 2022 financials filling again

Reuters quoted a spokesperson for Revolut, who commented as follows: We have received an extension for the filing of our 2022 accounts. We look forward to announcing our 2022 audit and annual report in due course. This comes after Revolut’s 2021 financial results were only published in March 2023, and the company’s auditor, BDO LLP,…

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Revolut
February 07, 2023 BY Steffy Bogdanova

Revolut to offer crypto staking in Europe and the UK

The digital bank now offers nearly 100 different cryptocurrencies. However, staking will be initially limited to the Polkadot (DOT), Ethereum (ETH), Tezos (XTZ), and Cardano (ADA). Yields are said to range from 11.65% to 2.99% but not guaranteed. Crypto staking Crypto staking is when the holder of a cryptocurrency, who keeps it in a wallet,…

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Revolut
August 16, 2022 BY Steffy Bogdanova

Revolut gains CySEC approval to offer crypto services in Europe

Revolut applied for authorisation in Cyprus to ensure it is under European regulations before the enforcement of EU's Markets in Crypto-Assets regulation (MiCA). MiCA aims to provide customer protection and fight scams, money laundering and other financial crime in the crypto world. The digital bank has also applied for registration in the UK with the…

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July 07, 2022 BY Steffy Bogdanova

Revolut teams up with Stripe for global expansion

David Tirado, vice president of business development at Revolut, said: Revolut builds seamless solutions for its customers. That means access to quick and easy payments and our collaboration with Stripe facilitates that. We share a common vision and are excited to collaborate across multiple areas, from leveraging Stripe’s infrastructure to accelerate our global expansion, to…

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