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Revolut nominates Richard Holmes to oversee its UK bank license application

Challenger bank Revolut applied for UK banking license and ex-Standard Chartered chief Richard Holmes is supposed to aid the process.

Revolut Business launched premium metal card

Customers on Revolut's Grow, Scale and Enterprise plans will now be able to order metal cards for business use.

Staff in Revolut frustrated about the share option scheme

The challenger bank Revolut has once got into a dispute with its employees.

Revolut is moving Irish accounts to Lithuania due to Brexit

Revolut decided to move its Irish user's accounts to Revolut's business in Lithuania as its e-money license will no longer be valid post Brexit.

Revolut and Sage announce a new partnership

Sage Accounting has been integrated with Revolut to enable SME's to take advantage of the fintech’s innovative spend analytics platform.

Revolut now offers crypto trading in Australia

First Revolut launched in Australia last month, now it is also offering the crypto trading services.

Revolut’s business banking thrives as it hits 500k SME customers

Revolut Business launched 3 years ago and has been very successful so far. Today the company announced that it's business banking option has hit a new milestone of 500,000 customers.

Revolut Junior account successful in Ireland

Just four months after the product was launched in Ireland, about 40,000 young people now have a Revolut Junior account.

Which challenger bank model is going to survive?

With the annual reports from Revolut, Monzo and Starling it became apparent that challenger banks were losing money despite the rapid growth in 2019. Which models are viable to profit and which not?

Revolut losses tripled to £107m in 2019

Revolut reported a pre-tax loss of £107m for the year 2019 to December. This means the company's losses more than tripled to a £33m pound loss in the 2018.
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Lunar, the Nordic challenger bank, raises €40m in Series C

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