Tag: Revolut

Challenger bank Revolut has applied for a full banking licence in the US, filing a draft application with the FDIC and California Department of Financial Protection and Innovation, which would allow the startup to expand its services across all 50 states.

Revolut Business has launched Expenses, a tool designed to help business owners stay organised and in better control of company spending.

Global money-transfer platform Revolut has operationalised its European specialised banking licence in ten additional countries.

The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.

Investors shrugged off Brexit and coronavirus uncertainty and backed 376 FinTech rounds in the UK last year

Challenger bank Revolut has introduced a QR code payments solution for small businesses.

Swedish challenger bank Northmill has secured $30.1m in a new funding round led by investor M2 Asset Management.

Swedish FinTech unicorn Klarna has launched consumer bank accounts in Germany.

WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.

Challenger bank Revolut will give its employees the option to work remotely permanently after having asked its staff for its thoughts on the matter.