Revolut

  • Revolut merges mobile banking with cryptocurrency trading

    Revolut merges mobile banking with cryptocurrency trading

    Revolut is merging traditional banking and cryptocurrency to let you buy, sell, trade, and hold Bitcoin, Litecoin, and Ether alongside 25 world fiat currencies. The $90 million-funded mobile banking startup is trying to erase the divide between old and new money. Revolut‘s CEO Nikolay Storonsky announced on stage today at TechCrunch’s Disrupt Berlin conference that… Read More

  • Revolut now has a million customers for its banking alternative

    Revolut now has a million customers for its banking alternative

    Fintech startup Revolut has reached a big milestone. The company now has over a million customers across Europe two years and a half after launch. The company says that customers have saved $160 million in foreign exchange fees compared to a traditional bank account (£120 million). The startup tries to match the interbank rates as much as possible and charges 0.5 percent on your transaction… Read More

  • Revolut is applying for a European banking license to become a true bank

    Revolut is applying for a European banking license to become a true bank

    It’s hard to believe that fintech startup Revolut still doesn’t have a proper banking license. Many users will tell you that Revolut’s electronic wallets already feel like traditional bank accounts with an IBAN and a payment card. But the startup is finally applying for a proper banking license in Lithuania. This process is going to take a few months — the startup… Read More

  • N26 announces plans to launch in the US by mid-2018

    N26 announces plans to launch in the US by mid-2018

    European fintech startup N26 has plans to expand beyond Europe. The company’s co-founder and CEO Valentin Stalf is announcing today at the Money20/20 conference that N26 is going to launch in the U.S. around mid-2018 and has hired a handful of people who are already working in New York. Read More

  • N26, Revolut and Monzo founders to talk about starting a bank from scratch at Disrupt Berlin

    N26, Revolut and Monzo founders to talk about starting a bank from scratch at Disrupt Berlin

    What do N26, Revolut and Monzo have in common? The three founders of those three startups are all coming to TechCrunch Disrupt Berlin to discuss all things fintech. If you want to see Valentin Stalf, Nikolay Storonsky and Tom Blomfield share the same stage, come to Disrupt in December. N26 also happens to be a Startup Battlefield success story. The company participated in our startup… Read More

  • Revolut launches cell phone insurance in the U.K.

    Revolut launches cell phone insurance in the U.K.

    Fintech startup Revolut is trying so many things at once that it’s hard to keep track of everything. This time, the company is partnering with Simplesurance to launch a new insurance product. You can now insure your cell phone for £1 per week/£42 per year, which represents $1.35 per week/$56.50 per year. Most telecom companies already provide cell phone insurance options. But they tend… Read More

  • Revolut’s $5.3 million crowdfunding campaign is oversubscribed

    Revolut’s $5.3 million crowdfunding campaign is oversubscribed

    Fintech startup Revolut just raised a ton of money. But grabbing $66 million from respected VC firms wasn’t enough (£50 million). For the second time, Revolut asked its user base to invest in the startup. Revolut was looking for $5.3 million on Seedrs (£4 million), but 40,000 customers said that they were interested in the investment opportunity. If Revolut took all the money, it… Read More

  • Revolut launches personal Euro accounts with your own IBAN

    Revolut launches personal Euro accounts with your own IBAN

    Fintech startup Revolut just raised $66 million and is already launching new features. Starting today, you can generate your own IBAN for Euro transactions. This way, you can receive your salary directly on your Revolut account for instance. While you could already top up your Revolut account with a regular bank transfer, Revolut only had one bank account to receive all your Euro transfers. Read More

  • Revolut raises $66 million for its global banking alternative

    Revolut raises $66 million for its global banking alternative

    Revolut has raised a $66 million Series B round with Index Ventures leading the round, and existing investors Balderton Capital and Ribbit Capital also participating. The startup will also run another $5 million crowdfunding campaign in a few weeks. The company has raised $83 million in total. Revolut started as a mobile app that lets you send and receive money in multiple currencies. Over… Read More