Revolut

Revolut introduces salary-advance feature in the UK

Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your wage early. If a business decid

Crypto infra startup Fireblocks raises $310M, triples valuation to $2.2B

The latest financing brings Fireblocks’ total raised since its 2018 inception to $489 million. The valuation boost correlates with its increase in customers and ARR this year.

Extra Crunch roundup: Think like a VC, CockroachDB EC-1, handle your stock options

Don't wait until it's too late to build your early-stage marketing team — but don't hire too hastily, either.

Revolut’s 2020 financial performance explains its big new $33B valuation

It's not super stupid to value Revolut far more richly with massively improved gross margins, profitability and more proven revenue growth.

Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services super app

The fintech funding continues to roll in at a rapid pace, a result of the huge shift underway in how consumers spend and manage their money. In the latest development, Revolut — the London-based

$100 million… Leta Capital wants to be a friend to Russian-speaking founders everywhere

It’s become increasingly obvious over the last few years, as Vladimir Putin has tightened his grip on his country, that Russian entrepreneurs who want to engage properly with the rest of the world h

Extra Crunch roundup: SaaS founder salaries, break-even neobanks, Google Search tips

If you're a founder who's getting ready to knock on doors and ask strangers for money, read this first.

Maybe neobanks will break even after all

Neobanking has yet to show that it can generate positive, growing free cash flows over a multiyear period. But their results at least indicate that such incomes could occur in time.

Equity Monday: China hates crypto, and the Vision Fund’s vision lives on

Our live show is this week! And we're very excited about it! It's free, of course, so swing by and hang with us.

Revolut revenue grew by 57% in 2020

Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million in revenue (£261 million) — that’s a 57% increase compar

Revolut applies for bank charter in the US

London-based fintech startup Revolut has announced that it is applying for a bank charter in the U.S. The company has submitted a draft application with the FDIC and the California Department of Finan

Fraud prevention platform Seon raises a $12M Series A round led by Creandum

Seon, which lets online businesses fight online fraud like fake accounts has raised a $12 million Series A round led by Creandum, with participation from PortfoLion, part of OTP Bank. The funding appe

Revolut lets customers switch to Revolut Bank in 10 additional countries

Fintech startup Revolut has its own banking license in the European Union since late 2018. It lets the company offer some additional financial services without partnering with third-party companies. A

End-to-end operators are the next generation of consumer business

These businesses are fundamentally reimagining their product experience by owning the entire value chain from end to end, thereby creating a step-functionally better experience for consumers.

ETH spin-off LatticeFlow raises $2.8M to help build trustworthy AI systems

LatticeFlow, an AI startup that was spun out of ETH Zurich in 2020, today announced that it has raised a $2.8 million seed funding round led by Swiss deep-tech fund btov and Global Founders Capital, w

Revolut applies for UK banking license

It’s hard to believe that fintech startup Revolut doesn’t have a proper banking license in its home country. But this is about to change, as the company has applied for a banking license in the U.

Revolut launches mid-tier subscription plan

Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut Plus — it costs £2.99 per month. Like N26 Smart and Monzo Plus, the new plan is a pandemic-pro

Revolut lets businesses accept online payments

Fintech startup Revolut is launching its own acquiring solution. With this move, the company is competing directly with Stripe, Adyen, Braintree or Checkout.com. This is an in-house product and not ju

Revolut launches early salary feature in the UK and web app

Fintech startup Revolut has two new features this week. First, the company is launching a web app for its regular users — not just business users. Second, in the U.K., Revolut has partnered with Mod

Looking to emulate Venmo, JoomPay preps a Euro launch for easy bill splitting and cash payments

JoomPay, a startup with a similar product to PayPal-owned Venmo in the U.S., is set to launch in Europe shortly after being granted a Luxembourg Electronic Money Institution (EMI) license. The app all
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