News

Revolut, the $7.7 billion European unicorn, wants to become a financial ‘super app’ in Australia, allowing customers to trade stocks, gold, and crypto

Fintech Revolut finished its beta in Australia on Tuesday, as it commences the next stage of its development here. Long term, the $7.7 billion unicorn is looking to become a catch-all finance app, offering everything from stock and commodities trading to foreign exchange and a cryptocurrency wallet. While it hasn’t […]
Revolut, the $7.7 billion European unicorn, wants to become a financial ‘super app’ in Australia, allowing customers to trade stocks, gold, and crypto
News

UK fintech unicorn Revolut just hired ex-Goldman Sachs exec Michael Sherwood

Revolut, which says it’s the Amazon of banking, has faced scrutiny from UK authorities over financial conduct and money laundering claims. Reports that the firm is hiring a Goldman Sachs exec is a move to help improve corporate governance. View Markets Insider’s homepage for more stories Revolut, a fast growing […]
UK fintech unicorn Revolut just hired ex-Goldman Sachs exec Michael Sherwood
Markets

UK fintech unicorn Revolut forced to deny links to Russia

British digital bank Revolut has been targeted by Lithuanian Member of Parliament Stasys Jakeliūnas over alleged links to Russia during its process to secure an EU banking licence in the country. The politician claims that Revolut is intervening in the country’s political processes and is not transparent enough. Revolut denies […]
UK fintech unicorn Revolut forced to deny links to Russia
Markets

UK neobank Revolut is about to launch in Australia

UK neobank Revolut plans to launch in Australia by March next year. It has appointed a general manager and will start hiring soon. Revolut will be based in Melbourne when it launches with its signature metal Mastercard. Revolut, the UK neobank which has gathered three million customers in three years, […]
UK neobank Revolut is about to launch in Australia
News

‘It’s a big opportunity’: Lithuania has a plan to benefit from Brexit

Lithuania wants to become a fintech hub. MEP who set up Blockchain Centre says Brexit is “a big opportunity” to attract businesses. Thirty five companies applied to be licensed in Lithuania last year. UK-headquartered startups Revolut and TransferGo have already chosen to set up EU subsidiaries in the Eastern European […]
‘It’s a big opportunity’: Lithuania has a plan to benefit from Brexit
News

Revolut hits 1.5 million customers as break-neck growth continues

Foreign exchange and banking services app Revolut now has 1.5 million downloads. Startup broke even in December but says profitability isn’t a priority right now. Monthly transaction volume currently at $US1.5 billion, up 700% in the last year. LONDON – Fintech startup Revolut now has 1.5 million customers and broke […]
Revolut hits 1.5 million customers as break-neck growth continues