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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.
Vladyslav Yatsenko (Ukrainian: Владислав Яценко; born August 1983) [1] is a British-Ukrainian entrepreneur and software engineer. He is best known as the co-founder and CTO of Revolut, the most valuable fintech company in the UK.
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 ...
Country of origin: United Kingdom: Area served: 70+ countries [1]: Founder(s) Taavet Hinrikus, Kristo Käärmann: Chairman: David Wells: CEO: Kristo Käärmann: Industry
NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal ...
It appointed Revolut's Chief Operating Officer Richard Davies as its CEO in July 2020. [6] In November 2021, Allica Bank acquired Allied Irish Banks's British SME lending portfolio, composed of about £600 million of loans to 2,000 customers. [7] The process was reported to have completed in August 2022. [8]
In February 2016, Monzo set the record for "quickest crowd-funding campaign in history" when it raised £1 million in 96 seconds via the Crowdcube investment platform. [ 12 ] [ 13 ] [ 14 ] In October 2016, Monzo announced an 'interim' funding round valuing the company at £50M and raised £4.8M in the process, led by Passion Capital. [ 40 ]
HSBC Advance is the group's product aimed at working professionals. The exact benefits and qualifications vary depending on country, but typically require a monthly direct deposit or maintain US$5,000 of deposit/investments or residential mortgage. Business owners may use commercial relationship to qualify.