Tag: Revolut
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High-Level Political Intervention Could Get Revolut The UK Banking License
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FinTelegram recently reported that the Revolut banking license in the UK may or may not be granted. Speculation suggests that regulators might deny Revolut the license. However, the UK government has intervened and facilitated high-level political discussions with Revolut, the UK’s highest-valued fintech as part of its growth strategy.
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Black Banx! The Fantastic Story Of Another German Fintech Unicorn And Its Billionaire Founder!
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FinTelegram has brought a new report on the fantastic German fintech billionaire Michael Gastauer and his Black Banx. The story is actually really unbelievable, whereas the term “fantastic” in the FinTelegram story was probably meant rather ironic to cynical. In a press release, Black Banx claimed to have more than…
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Crypto Payment Processor MoonPay Successfully Registered With The UK Regulator!
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The UK entity of crypto payment processor MoonPay has received the UK’s Financial Conduct Authority (FCA) license. Moonpay (UK) Limited appeared on the Registered Cryptoasset Firms list on 9 December 2022 and is the 40th cryptocurrency service provider authorized by the UK watchdog. It joins the likes of crypto ventures…
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Russian FinTech CEOs Renounced Their Russian Citizenship!
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Vladimir Putin will definitely not like it. Revolut CEO Nikolay Storonsky and Tinkoff founder Oleg Tinkov are two prominent financial entrepreneurs who have renounced their Russian citizenship. They criticize Putin’s war course in no uncertain terms.
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Targeted Cyberattack On FinTech Unicord Revolut!
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After the hacker attack on Uber, Revolut also reports an attack. Fintech unicorn Revolut with an e-Money license in Lithuania, says a targeted cyberattack has hit it. Hackers managed to access the personal data of tens of thousands of customers. However, no funds were reportedly stolen.
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FinTech Atlantic Money Praises The “Great Work” Of Wise, Revolut, And PayPal – And Wants To Acquire Them!
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Wise, Revolut & Co have made a name for themselves with low fees for foreign transfers. Atlantic Money says: We can do it better and much cheaper. The founders of FinTech Atlantic Money do not lack self-confidence and aim to surpass their competition.
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UK Fintech Startup Revolut Is Hiring For Its Digital Assets Division
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While the global tech industry is reeling from massive layoffs as startup funding declines, the U.K.’s largest unicorn is bucking the trend and going on a hiring spree. Revolut is increasing its workforce by 20%, including in the division of its digital assets, which has continued to grow despite the…
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Sudanese Fintech Bloom Gets $6.5M!
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Bloom (website), a Sudan-based fintech company that offers a high-interest savings account and digital banking services, has secured a $6.5 million seed round funding. That funding round included fintech giant Visa, Y Combinator, U.S.-based VCs Global Founders Capital (GFC) and Goodwater Capital, and UAE-based early-stage venture firm VentureSouq.
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Revolut Partners With Stripe For International Expansion
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The fintech unicorn Revolut partners with Stripe’s international to support its expansion into new international markets, including Brazil and Mexico. Stripe, the provider of a financial infrastructure platform, will facilitate the fintech’s payment processing in the UK and Europe to enable Revolut’s clients a seamless payment experience with their local…
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Revolut Fastest-Growing Fintech In Spain!
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Revolut increased its customers in Spain by more than 76% last year to one million users. This impressive growth rate makes the neobank the fastest-growing fintech in Spain. It grows five times faster than its main competitor, the German unicorn N26.