Revolut - News, Articles & Research

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.

02 August 2024

News/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.

25 July 2024

News/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.

22 July 2024

News/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.

17 July 2024

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.

02 July 2024

News/startups

Revolut seeks $40bn valuation through share sale – FT

Revolut is aiming to become the most valuable start-up in Europe with a target valuation of $40 billion, the FT reports.

21 June 2024

News/markets

Revolut adds bond trading

Revolut is adding the ability to buy and sell corporate and government bonds for its users across Europe.

18 June 2024

Company announcement/payments

Revolut launches pan-European debit loyalty card programme in UK

Revolut, the global financial app with more than 40 million customers worldwide has today announced RevPoints, the first-ever pan-European debit loyalty card programme in the UK.

18 June 2024

News/retail

Revolut to move UK headquarters to Canary Wharf

Revolut is to move its headquarters to a recently refurbished tower block in the heart of Canary Wharf as it prepares to accommodate a 40% uplift in staff numbers.

13 June 2024

News/security

Revolut adds new in-app verification layer to counteract theft from stolen mobiles

Revolut has added an extra layer of in-app identity verification designed to protect customers who have had their unlocked phone stolen, or password and face recognition compromised.

10 June 2024

News/retail

Revolut building towards primary banking

David Tirado Blanco, VP profitability and global business, Revolut, appeared at an opening session of Money 20/20 today where he stated that their key focus moving forward is to “go deeper into primary banking”.

04 June 2024

Company announcement/payments

Revolut connects mobile wallets to African telcos Airtel, Orange Money and MTN

Revolut, the global financial app with more than 40 million customers worldwide, today extends its international transfers feature Mobile Wallets with 14 new payment corridors, 9 new countries and 3 digital wallets: Airtel, Orange Money and MTN.

28 May 2024