Revolut

Revolut CEO outlines ‘zero risk’ bank that barely lends

Revolut founder and CEO Nik Storonsky has laid out his plan to build a global bank carrying "effectively zero risk," keeping lending at a fraction of deposits even as the fintech giant collects banking licenses across the world's largest markets.

Revolut CEO confirms dual listing plans for Nasdaq and London

Revolut founder and CEO Nik Storonsky confirmed on Thursday that the fintech giant is planning a dual stock market listing on Nasdaq and the London Stock Exchange, marking the first time the company has publicly acknowledged such plans. Storonsky made…

Hackers demand $780M in Bitcoin from Revolut after data breach

Revolut confirmed on September 12 that it disclosed sensitive customer data to an unauthorized party after fraudulent requests arrived from an email address on a legitimate government agency domain, in what the fintech is calling a "sophisticated external impersonation scam."…

Revolut wins French banking license for Western Europe push

Revolut secured a full French banking license on Monday following joint approval from France's Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank, giving the British fintech a second standalone banking license within the eurozone.

Revolut launches share sale at $115 billion valuation

British digital bank Revolut launched a secondary share sale on Wednesday that values the company at $115 billion, a spokesperson confirmed to Reuters, cementing its position as Europe's most valuable fintech and surpassing the market capitalizations of established lenders including…