Revolut's valuation jumps 53% to $115B in new share sale as it prepares to launch US bank
Glade Brook, Coatue and T. Rowe Price were among the investors that led the share sale.
Read the storyRevolut
4 STORIESReporting and perspectives on revolut.
Revolut Weighs Dual Listing in New York and London for Long-Awaited IPO
Revolut is considering listing simultaneously in New York and London when it eventually goes public, its founder has stated, a plan that would keep the fintech partly at home while giving it access to the deeper American market it has long preferred.
Read the story
Trillions sitting idle: Here's how much money Europeans are losing on savings
Europeans are losing an average of €294 in purchasing power for every €10,000 they keep in the bank, according to a study from Revolut, which found €6.3 trillion sitting in low-yield deposits across 20 EU countries at a moment when Brussels is trying to push that money into capital markets.
Read the story
Revolut confirms customer data breach through fake government requests
Revolut said it notified affected customers and alerted the relevant government agency, law enforcement, and financial regulators.
Read the story