Revolut Hits 10 Million U.K. Customers Amid Talk Of Stablecoin
WEB23 hours ago · CoinDesk, a news service focused on cryptocurrencies, reported on Friday that Revolut is “quite far along in creating the stablecoin,” while citing anonymous sources familiar with the matter.
Revolut’s revenues surpass $2.2bn, with record profits of $545m …
WEBJul 2, 2024 · Revolut added 12m new customers globally last year, totalling 38m in 2023 and reached 45m in June 2024; 38% increase in customer balances to $23bn (£18.2bn) and 41% increase in paid subscriptions; Today, Revolut released its Annual Report for the year ending 31 December 2023.
$33 billion fintech giant Revolut reports first-ever annual profit
WEBMar 1, 2023 · Financial technology giant Revolut reported its first-ever annual profit in 2021, according to financial accounts released Wednesday, as subscriptions to its paid …
Revolut invests in future growth as revenue tops $1bn in 2022; …
WEBDec 22, 2023 · Revolut added almost 10m customers last year with a 71% increase in deposits and 55% increase in customers on paid plans. The business reinvested $265m (£215m) of gross profits for future growth, doubling its headcount and increasing spend on new product launches and global expansion.
Revolut secures long-awaited banking license after 3 years
WEBJul 25, 2024 · A full UK license will enable Revolut to provide overdrafts, loans and savings products to its more than 9 million UK customers — joining the likes of rivals Monzo Bank Ltd., Starling Bank Ltd ...
Revolut seeks valuation of more than $40bn in employee share sale
WEBJun 20, 2024 · UK fintech Revolut is targeting a valuation exceeding $40bn in a share sale that would cement its status as Europe’s most valuable start-up, according to three people with knowledge of the plans.
Revolut tells staff it is launching share sale at $45bn valuation
WEBAug 2, 2024 · Revolut has told staff it is launching a sale of up to $500mn worth of existing shares at a $45bn valuation, in a move that would cement the fintech’s status as Europe’s most valuable start-up.
News and Media | Revolut United Kingdom
WEBJul 25, 2024 · News & media. Everything you need to stay up to date with what’s going on at Revolut — and how to get in touch with any press enquiries.
Revolut CEO confident on UK bank license approval as fintech …
WEBJul 2, 2024 · Revolut is a licensed electronic money institution, or EMI, in the U.K. But it can’t yet offer lending products such as credit cards, personal loans, or mortgages. A bank license would enable it...
Fintech Giant Revolut Said to Be Planning Stablecoin
WEB3 days ago · Revolut, a London-based fintech company that offers cryptocurrency trading, intends to issue its own stablecoin, according to four people who have heard about the plan. The company, which snagged ...