Tag: Revolut

Revolut unveils new Point of Sale system

Revolut Business, renowned for providing tailored financial services for companies, has unveiled a new Point of Sale (POS) system.

Revolut’s new AI tool fights rising scam epidemic

Revolut has recently unveiled an innovative artificial intelligence (AI) tool aimed at combating authorised push payment (APP) fraud, a sophisticated scam where criminals deceive individuals into willingly transferring money into fraudulent accounts.

Revolut ramps up anti-fraud efforts with doubled financial crime team

Revolut, a global financial superapp serving over 35 million customers, has significantly expanded its Financial Crime (FinCrime) division, doubling the headcount since 2021.

Revolut and SoftBank reach agreement on share deal to secure UK...

Revolut, the prominent FinTech player, has successfully negotiated a share deal with its primary backer, SoftBank.

FinTech valuations rebound quicker than the broader market in Q2 2023

According to PitchBook, the stock prices of public FinTech companies have shown a quicker recovery than the broader market. In the second quarter, these...

Revolut launches Swift challenger RevTag

Revolut Business has launched its instant and free payments ecosystem RevTag, which aims to challenge Swift in the cross-border payments space.

Revolut partners with Game4Ukraine to fundraise for reconsruction of Ukrainian school

Revolut has partnered with Game4Ukraine to help raise funds for the reconstruction of a Ukranian school that was struck by missiles in the war

Revolut reveals 62% spike in transfers to Muslim countries during Eid...

Revolut has revealed that around 62% more money was transferred into Muslim countries during Eid al-Adha, the religion’s largest holiday. 

Exploited loophole causes major $20m security breach for Revolut

Revolut faced a security breach, leading to a loss of $20m due to a fault in its payment processing system, as reported by the FT.

InsurTech leader Qover secures $30m in Series C funding round

In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round.

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