Major breakthrough for Revolut as fintech giant wins conditional US banking licence
The company will now work through remaining applications and approvals with the FDIC, the Federal Reserve and the OCC, before launching the bank in 2027...
Tag : Revolut
Revolut to enter Australia’s mortgage market, to take on ‘Big Four’ retail banks
Revolut, the ultimate success story of the British and European fintech sector, has expanded into 40 countries since its inception in 2015...
Revolut hits USD 115 billion valuation, surpassing Barclays and Societe Generale
While Barclays has a valuation of almost USD 95 billion, Revolut sits far behind industry giant HSBC, valued at nearly USD 350 billion...
Revolut to offer FDIC-insured products in US as Gen Z’s banking goes digital
Cetin Duransoy, Revolut's US CEO, expects the American entity to start its operations in 2027, with headquarters in Stamford and Connecticut...
Eyeing full-service bank status, Revolut launches crypto card
Revolut's crypto card, apart from supporting 200-plus cryptocurrencies, will be integrated with Apple Pay and Google Pay for contactless payments...
‘AI is definitely the future of banking, but the challenge is ethics’
It is hard to code ethical guardrails into artificial intelligence because we can't even agree on ethics as humans...
When fintechs stop playing nice, and start becoming banks
Over the years, many have either partnered with fintechs or invested in them, not just to compete, but to stay relevant as the industry evolves...
With record USD 2.3 billion in 2025, Revolut witnesses 57% jump in pretax profit
Since its formation in 2015, Revolut has emerged as the most successful of the handful of European fintech companies founded in the 2010s, with no physical branches...
Neobanks aim to conquer America
In Europe, neobanks benefit from near-instant interbank payment networks that let customers move money seamlessly 24/7...
Shaping the future: Rise of digital-only banks
Apart from their natural characteristics, neobanks have adopted the platform model: partnership with specialised fintech companies via open APIs...