TagRevolut

Robinhood Makes Hiring Efforts Ahead of UK Expansion

According to a report by Techcrunch, Robinhood, the zero fee trading company based in the United States, is making plans to open an office in London and it has started recruiting to that effect. Various sources in and within London’s FinTech market have confirmed that Robinhood, which was launched back in 2013 and is valued at $5.6 billion, has been working towards the launch of its London...

Pro-Crypto Fintechs Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks

Robinhood Baiju Bhatt bitcoin cryptocurrency crypto

Earlier today, two of the world’s hottest fintech startups, the US-based Robinhood and the UK-headquartered Revolut, separately announced new product offerings that could greatly benefit the crypto industry over the long-term and put pressure on bitcoin-hostile banks to begin modernizing their service lines. Bitcoin-Friendly Fintech Startups Want to Replace Banks Revolut, which recently achieved...

Pro-Crypto Trading App Robinhood Launches Checking & Savings Accounts

robinhood cryptocurrency trading bitcoin

Menlo Park-based Robinhood has launched savings and checking accounts for its US customers, according to a company blog post. The new accounts would follow the similar trend that we have become accustomed to: "fee-free, commitment-free and surprise-free" were the words used lavishly on the company's website. Robinhood, which operates a crypto trading platform in addition to its flagship stock...

Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ‘Amazon of Banking’

revolut app bitcoin cryptocurrency crypto exchange

Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself as the “Amazon of banking.” Revolut to Offer Bank Accounts in Europe The London-based unicorn, which remains one of the hottest fintech startups in the United Kingdom, announced on Thursday that it had...

Revolut: Lack of Investor Interest Stunting Crypto Adoption on Wall Street

Nikolay Storonsky crypto

Is crypto investing the future of banking? Not in the short term, says fintech executive Nikolay Storonsky, the CEO of London-based startup Revolut, which recently began offering cryptocurrency trading. Storonsky said he had seen "no interest" so far from mainstream institutional investors — despite the fact that Wall Street powerhouses Goldman Sachs and Fidelity are building financial frameworks...

Revolut Launches Metal Debit Card With Cashback in Cryptocurrency

Revolut

Today, Revolut launched a new metal debit card available to premium customers that allows them to withdraw up to 1% cashback in either fiat or cryptocurrency on transactions outside Europe, or 0.1% of any transaction within Europe. Revolut is a prepaid debit card service based in the UK that enables customers to receive, send, and withdraw money in different currencies at the real exchange rate...

Fintech Firm Revolut Reaches $1.7 Billion Valuation After Integrating Cryptocurrency

For many years, TransferWise, the fintech company that allows users to send bank payments with extremely cheap fees and shorter verification periods was the most dominant fintech business in Europe. This month, Revolut reached a $1.7 billion valuation after integrating cryptocurrency, surpassing Transferwise. Why the Statement of Nasdaq CEO Wasn’t a Joke Earlier this week, Nasdaq CEO Adena...

MasterCard-Backed Revolut Enables Bitcoin for Cross-Border Payments

Revolut bitcoin

A London-based digital payments company is allowing its customers to buy, hold, and exchange bitcoin and other digital currencies through its mobile app. Revolut, which provides a service to people enabling them to transfer money across borders with no fees, will now be able to access bitcoin, litecoin, and ethereum in a matter of seconds, alongside 25 of the world's currencies. They can then...