PYMNTS-MonitorEdge-May-2024

Revolut

Revolut Ltd is a UK financial technology company that offers banking services including a prepaid debit card, fee free currency exchange, commission free stock trading, cryptocurrency exchange and peer-to-peer payments.

Source: revolut.com

Revolut’s CFO Departs Amid AML Saga
Revolut’s CFO Departs Amid AML Saga
March 01, 2019  |  Digital Banking

Amid controversy around an anti-money laundering system, Revolut CFO Peter O’Higgins resigned from the firm. O’Higgins didn’t mention the issue in his resignation statement, according to...

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Revolut Runs Into Trouble With Ad That Highlights Transactions
Revolut Runs Into Trouble With Ad That Highlights Transactions
February 08, 2019  |  Payment Methods

Revolut, the U.K. FinTech that has been growing at a rapid pace, was forced to acknowledge it made up stats for a recent advertising campaign....

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Kenya Gets Ready To Unveil Sandbox Policy
Kenya Gets Ready To Unveil Sandbox Policy
December 18, 2018  |  B2B Payments

Kenyan financial authorities are on the cusp of unveiling a FinTech sandbox that will initially focus on robo-advisors and consider blockchain. Across Europe, Revolut looks to...

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Revolut Gets Banking License By European Central Bank
Revolut Gets Banking License By European Central Bank
December 13, 2018  |  Banking

Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. In...

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Grasshopper Gearing Up To Launch Challenger Bank In New York
Grasshopper Gearing Up To Launch Challenger Bank In New York
August 09, 2018  |  Banking

Grasshopper, a new bank challenger in New York, is gearing up to go after the banking industry, reported FinTech Futures. According to the report, the...

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Revolut Flagged Money Laundering Evidence A Few Months Back
Revolut Flagged Money Laundering Evidence A Few Months Back
July 17, 2018  |  Security & Fraud

Revolut, the U.K. digital bank, identified evidence of money laundering on its digital payment system, which prompted it to alert authorities including the National Crime...

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Revolut Now Has 1M Customers In The UK
Revolut Now Has 1M Customers In The UK
July 05, 2018  |  Business

Revolut, the U.K. FinTech, announced Wednesday (July 4) it signed up one million customers in the U.K. and saved them over $330 million in fees....

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Circle In Early Talks For US Banking License
Circle In Early Talks For US Banking License
June 06, 2018  |  Banking

Months after rolling out a crypto trading platform, Circle Internet Financial Ltd said it has had early talks with regulators about obtaining a banking license...

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Revolut Plans To Apply For Banking License In The US
Revolut Plans To Apply For Banking License In The US
June 04, 2018  |  Banking

After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. Chief Executive Officer Nikolay...

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