With the growth in cross-border payment services and ‘challenger’ bank cards for consumers, you’d be forgiven for wondering where the options are for small business — where cash is particularly precious. They do exist. One of the newer options is Neat, which is nested in Hong Kong but open for business worldwide. The startup started off […]
View More Neat is a challenger bank for early-stage startups and SMEsCategory: Revolut
Revolut’s Nikolay Storonsky to talk shop at Disrupt SF
In October 2017 CEO Nikolay Storonsky’s Revolut raised $71 million at a valuation of $350 million. Today it’s certified unicorn, approaching a $2 billion valuation. His stake is said to be worth over $510 million. But not all success is a huge mystery. For Storonsky, working hard is his big secret. Revolut’s core product is […]
View More Revolut’s Nikolay Storonsky to talk shop at Disrupt SFRevolut announces a Robinhood-like trading product
Fintech startup Revolut likes to announce new things all the time. Even though nothing is going live today, it’s interesting to see where the startup is heading. The company is working on a trading platform for traditional shares without any commission. You’ll find stock from public companies from the U.K. and the U.S., as well […]
View More Revolut announces a Robinhood-like trading productRevolut adds Ripple and Bitcoin Cash support
Fintech startup Revolut is adding Bitcoin Cash and Ripple to its cryptocurrency feature. While cryptocurrency isn’t really Revolut’s focus point, it’s a good way to get started with cryptocurrencies. If you have a Revolut account, you can now buy and hold Bitcoin, Litecoin, Ethereum, Ripple and Bitcoin Cash. Behind the scene, the startup has partnered […]
View More Revolut adds Ripple and Bitcoin Cash supportMonzo, the U.K. challenger bank, now lets you pay ‘Nearby Friends’
Monzo, one of a plethora of U.K. fintech startups aiming to re-invent current account banking, has launched a new feature that makes it even more frictionless to transfer money to friends. Dubbed ‘Nearby Friends’, the new geolocation functionality uses Bluetooth to let you see anyone else that uses Monzo who is nearby so that you […]
View More Monzo, the U.K. challenger bank, now lets you pay ‘Nearby Friends’Revolut launches disposable virtual cards
Fintech startup Revolut is launching a new type of virtual cards — disposable cards for online purchases. While you could already generate additional virtual cards for a fee, this is a different kind of virtual card as it gets destroyed after each transaction. If you usually shop on Amazon or if you have a Spotify […]
View More Revolut launches disposable virtual cardsRevolut adds direct debits in Europe
Fintech startup Revolut is slowly making traditional bank accounts irrelevant. The company is adding direct debits in EUR to make it easier to pay for utilities and subscription services. While Revolut is currently applying for a banking license, the company has already been adding everything you need to replace your bank account with a Revolut […]
View More Revolut adds direct debits in EuropeCircle launches a Coinbase competitor in the U.S.
Circle is launching Circle Invest in the U.S. except in NY, MN, HI and WY. The app is now available in the App Store and Play Store and lets you instantly trade the most popular cryptocurrencies without any fee. Circle Invest isn’t exactly an exchange as the app hides most of the complexities that you […]
View More Circle launches a Coinbase competitor in the U.S.Revolut broke even in December, now has 1.5 million customers
Fintech startup Revolut can’t stop and won’t stop growing. The company has had an amazing month of December with a huge increase in the total volume of transactions and signups. Because of that, Revolut broke even in December for the first time ever. The company told me that it wasn’t just a lucky month and January is looking good as well. Revolut announced that it had reached… Read More
Revolut launches geolocation-powered travel insurance
Fintech startup Revolut is launching international medical and dental insurance. You can subscribe using the company’s app for £1 per day or more depending on the options. But the best part is that you can set it up and forget about it as Revolut uses your device’s location data to automatically turn insurance coverage on and off. By default, insurance coverage costs £1 per day… Read More
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
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