Category: Revolut

Revolut loses its head of regulatory compliance, hires two former Amazon execs
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Revolut loses its head of regulatory compliance, hires two former Amazon execs

More personnel changes at Revolut are in motion, as a key member of the leadership team leaves for Barclays, and two former Amazon staffers join the London-headquartered neobank, including a new chief operating officer. TechCrunch understands that Chris Sing, Revolut’s head of regulatory compliance is leaving to take up the position as Barclays’s new chief…

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Revolut expands bank account aggregation to Ireland
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Revolut expands bank account aggregation to Ireland

Fintech startup Revolut has expanded its open banking feature to Ireland. The feature first launched in the U.K. back in February. Once again, the startup is partnering with TrueLayer to let you add third-party bank accounts to your Revolut account. The feature launch also marks the launch of TrueLayer in Ireland. For now, Revolut users…

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Revolut launches Revolut Junior to help you manage allowance
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Revolut launches Revolut Junior to help you manage allowance

Revolut is introducing a new product specifically targeted toward kids aged 7-17 years old — Revolut Junior. Revolut Junior is a new app and service that integrates directly with the main Revolut app on the parent’s side. Parents or legal gardians who are also Revolut users can create a Revolut Junior account for their kid. After…

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Revolut raises $500 million at $5.5 billion valuation
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Revolut raises $500 million at $5.5 billion valuation

Fintech startup Revolut is raising a large Series D round of funding. TCV is leading the $500 million round, valuing the company at $5.5 billion. Over the past few years, Revolut has raised $836 million in total. Some existing investors are also participating in today’s funding round, but Revolut isn’t sharing names. Previous investors include…

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Revolut uses ‘open banking’ to let you aggregate other bank account data within its app
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Revolut uses ‘open banking’ to let you aggregate other bank account data within its app

Revolut, the European banking and money transfer app that now claims over 10 million customers, has partnered with open banking API provider TrueLayer to add bank account aggregation features to its app. The new functionality means that Revolut’s U.K. customers — both consumer and business — can now connect their external U.K. bank accounts to…

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Revolut supports direct debits in the UK
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Revolut supports direct debits in the UK

Fintech startup Revolut is adding a key feature for users who want to replace their traditional bank account altogether. You can now pay with GBP direct debits. Revolut already added EUR direct debits last year. While most people use cards to pay for goods and services in the U.K., some businesses require you to pay…

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