Revolut

Venture capital firm Molten Ventures has slashed the valuation of its stake in Revolut, the second investor to do so as the UK fintech awaits regulators’ decision on whether to offer it a banking licence in its home market.Molten…

This year was supposed to be one big victory lap for Revolut, the UK’s largest fintech. The firm trumpeted its first ever year of profitability in March, having tripled its earnings year-on-year, and continues to hire at a blistering pace,…

Revolut is locked in a fight with top shareholder SoftBank after regulators told the UK’s biggest private tech company it must simplify its ownership to win a long-delayed banking licence.The Japanese investor has demanded…

Revolut chief executive Nik Storonsky has blamed recent banking turmoil for the latest delays to the fintech’s long-awaited UK banking licence, claiming the cause of the hold up “is really not us”. Revolut has been locked in…

Revolut expects to sign off on its financial accounts next week after months of delays in finalising the figures as auditors put pressure on the fintech group to improve its internal controls.The UK-based company’s audit committee…

It’s no secret that Singaporeans love to travel — just look at the number of Singaporeans who hop over to Johor Bahru or fly to Bangkok every time a long weekend presents itself.  When travel restrictions from Singapore were lifted, many…

Back in 2020, international travel came to a halt because of COVID-19. Trapped inside the four walls of their rooms, Singaporeans went through a daunting time during the lockdowns for two years. This could explain why 92 per cent of…

The personal details of thousands of customers were exposed after digital challenger bank Revolut was hit by a “highly targeted cyber attack”. The app-based bank, launched in the UK in 2015, admitted that a third party gained access…

Revolut announced today (August 4) the launch of its cryptocurrency service in Singapore, which is available from today onwards. The new cryptocurrency service will allow Revolut’s customers to buy, hold, and sell cryptocurrencies within…

The Monetary Authority of Singapore (MAS) granted today (April 27) “in-principle approval” to fintech firms Revolut and Luno Singapore to offer digital payment token services under the Payment Services Act. Revolut in particular, is…