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Revolut Group Holdings Ltd, doing business as Revolut, [2] is a British multinational neobank and fintech company that offers banking services for individuals and businesses. [3] The company was founded in July 2015 by British-Russian businessman Nikolay Storonsky and British-Ukrainian software engineer Vlad Yatsenko and operates in 48+ countries.
Revolut offers accounts and debit cards for fee-free spending abroad at real exchange rates. [16] In 2021, Revolut became the most valuable fintech firm in the UK. [17] [18] As per the 2023 annual report, Revolut achieved a revenue of 1.8 million GBP, with a net profit of 344 million GBP. As of November 2024, the company serves 50 million ...
RCI Bank UK: RCI Banque SA: France: Recognise Bank Limited Independently run England: Redwood Bank Limited Redwood Financial Partners Ltd (RFPL) England: Reliance Bank Ltd: Independently run England: Revolut NewCo UK Ltd: Revolut: England: Royal Bank of Scotland Plc, The: NatWest Group: Scotland: Sainsbury's Bank Plc: Independently run Scotland ...
LONDON (Reuters) -Financial technology firm Revolut has received a UK banking licence with some restrictions, it said on Thursday, ending a three-year wait for the authorisation that will enable ...
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Revolut made a record profit in 2023, as the UK fintech giant continues its long wait for a British banking licence. The company made a pre-tax profit of £438 million last year, up from a loss of ...
Revolut has waited more than three years to secure a banking licence in the UK (Revolut/PA) The company said it has entered a “mobilisation” stage in the UK, a restricted period where new ...
In January 2019, the German direct bank N26 overtook Revolut as the most valuable mobile bank in Europe with a valuation of $2.7 billion and 1.5 million users. [22] [23] Following is a list showing the share of people using mobile banking apps during the last three months in selected countries worldwide in 2014.