Fintech Firm Revolut Unfazed By Bear Market, Hires 20% More Crypto Talent
Fintech company Revolut continues its cryptocurrency campaign with intentions to boost its digital currency team by 20%, undeterred by the bear market’s continuous fragility. Across the next six months, the British fintech startup wants to expand its crypto-focused employees in the United States, the United Kingdom, and Europe. The fintech company is seeking 13 posts […]
Related News
The cryptocurrency-infused financial tech company Revolut has announced it has purchased a Wework office with bitcoin. Revolut detailed that the office space in Dallas, Texas will house 300 employees to prepare for the company’s U.S. expansion.
Revolut Pays Bitcoin for Wework Property in Texas
On September 16, 2021, Revolut, the fintech firm that offers users cryptocurrency services and aims to provide the world with a “global financial superapp” announced a deal with Wework. According to the announcement, Revolut will be leveraging the Wework workspace at....
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation.
Revolut to Expand Crypto Services for Europeans From Cyprus
A leader in the neobank sector, Revolut, has received approval from the Cyprus Securities and Exchange Commission (CySEC) to operate with cryptocurrencies and other digital assets. The company plans to establish a cryptocurrency hub on the island that will allow....
Revolut, which is a British fintech and banking firm, has decided to launch a new feature called “spend from crypto”. This feature helps convert the crypto balance of customers into fiat money. That, in essence, will make it faster for Revolut cardholders to sell their crypto assets and channel the money to their credentials in […]
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely. Revolut, a major British banking app featuring cryptocurrency investment, has secured $800 million in a new funding round.The new investment round is led by Japanese financial giant SoftBank and United States hedge fund Tiger Global, which collectively hold around 5% in Revolut, CNBC reported Thursday.The round values Revolut at $33 billion, marking a sixfold increase from the company’s valuation of $5.5 billion in 2020. The newly secured funding will help....
Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March. The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and services in the country.In a Monday update to its list of registered crypto asset firms in the U.K., the FCA showed Revolut was in compliance with amended regulations from 2017 on "Money Laundering, Terrorist Financing and Transfer of Funds." The fintech firm....