Revolut

388 results about this entity

Period: 20 Jul 2015 - 28 May 2025

/ai

Storonsky-founded fund QuantumLight raises $250m for AI-guided investments

QuantumLight, a quantitative venture capital firm founded by Revolut's Nik Storonsky has closd on a $250 million fund for backing founders across AI, Web3, Fintech, SaaS and Healthtech.

/retail

Revolut to invest €1 billion in France and apply for banking licence

Revolut is to invest more than $1 billion to expand its operations in France over the next three years as it prepares to apply for a French banking licence.

/retail

What to get for the friend who has everything? A Revolut subscription plan!

Revolut is bidding to bolster its paid-for customer base by introducing the ability for users to gift premium annual plans to their friends and family.

/identity

Revolut selects Fourthline as identity partner

Fourthline, Europe’s leading identity services provider, has been selected by Revolut as a strategic partner following an extensive competitive RFP process.

/retail

N26 joins Revolut in disrupting the telecommunications market

German neobank N26 is following in the footsteps of Revolut by entering the telecommunications market with the introduction of a digital mobile plan

/retail

Revolut takes on mobile network operators

Not content with disrupting banking, Revolut is now taking on telecomms operators with the launch of Mobile Plans in a direct challenge to traditional network providers.

/regulation

Revolut links risky behaviour to staff bonuses

Revolut has expanded an internal 'Karma' system that tracks how employees follow risk and compliance processes, linking their behaviour to their bonuses.

/retail

Revolut juggernaut steams ahead; reports $1.4 billion in profits for FY24

Revolut has reported bumper growth for the full year 2024, driving pre-tax profits to $1.4 billion and net profit at $1 billion.

/payments

Revolut extends fee-free currency exchange to the weekend for premium customers

Revolut, the global financial technology company, has today removed additional weekend currency exchange fees for customers on its Premium, Metal and Ultra plans.

/payments

Wise to build Hyderabad hub

UK-based fintechs Wise and Revolut are both doubling down in India, with the former building a hub in Hyderabad that will employ hundreds of new and the latter securing a license to issue prepaid cards and wallets in the country.

/regulation

Revolut fined €3.5 million by Lithuanian central bank for AML failings

Revolut has been fined €3.5 million by the central bank of Lithuania for deficiencies in its anti-money laundering controls.

/ai

Revolut automates recruitment: The AI will interview shortly

Revolut has embedded an AI into its People platform that conducts interviews with job candidates and summarises the performance of all appointees.