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233 Results from "Revolut"

/retail

Revolut introduces automated investing in the US

Revolut has launched a robo-advisor in the US, offering customers the option to have their investment portfolios automated.

/retail

Molten Ventures wipes 40% off Revolut valuation

Venture capital firm Molten Ventures has written down its holding in Revolut by 40%, adding to the fintech's woes as it struggles to gain a UK banking licence.

/startups

Revolut faces reported rejection for a UK banking license

The Bank of England is planning to reject Revolut’s long-standing application for a banking license in the UK, according to the Telegraph.

/regulation

Revolut launches Oz business account; wants banking licence

Fintech giant Revolut has launched multi-currency business accounts in Australia and signalled its intention to obtain a banking licence in the country.

/people

Revolut UK chief told customer he would be waiting for him with a shotgun

Revolut is investigating complaints that its former UK head accidentally texted an irate customer to say he would be waiting for him 'in the garden with my shotgun'.

/retail

Revolut to begin offering loans in France

Revolut has announced its ambitions for France over the next two years, including the roll-out of customer credit products at the end of this month.

/people

Revolut CFO quits for 'personal reasons'

Revolut has lost another senior executive, with chief financial officer Mikko Salovaara leaving the fintech giant for "personal reasons". Separately, Wise CEO Kristo Kaarmann is set to take a three-month sabbatical.

/regulation

Revolut CEO claims banking crisis is delaying UK licence application - FT

Revolut CEO Nik Storonsky says the fintech's two-year quest to secure a UK banking licence is now being held up by "extra cautious" regulators spooked by recent events at the likes of Silicon Valley Bank and Credit Suisse.

/crypto

Revolut goes live in Brazil

Revolut has made its first foray into Latin America with a live launch in Brazil.

/retail

Revolut valuation almost halved by Schroders

Investment bank Schroders has slashed the valuation of its shareholding in Revolut by almost half after the firm was criticised for downplaying red flags from auditors BDO over its revenue statement.

/people

Mind the gap: Revolut's mean gender pay differential increases

Revolut's attempts to bridge the gender pay gap at its business appears to be going into reverse, with the mean differential between women and men increasing from 22.7% last year to 25.4% as of April 2022.

/retail

Revolut reports first annual profit, but red flags raised over revenue

Financial super app Revolut has turned in its first annual profit after growing its revenues nearly threefold in 2021.