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Revolut

Banking

Will joining the big banks pay off for Revolut?

The fintech start-up stands to gain from the exit of KBC and Ulster Bank, but has a long way to go to become a trusted global financial services player
  • Lorcan Allen
  • January 28, 2023
Banking

Revolut to start rollout of Irish IBANs in coming months

Move means more than two millions customers here will gradually be moved off Lithuanian IBANs
  • Cónal Thomas
  • January 23, 2023
Banking

Revolut fined €70,000 in Lithuania for failing to submit accounts on time

Lithuanian Central Bank imposed fine after the fintech failed to submit audited accounts for a subsidiary within the legal deadline
  • Lorcan Allen
  • January 7, 2023
Companies

Revolut delays filing 2021 accounts again after audit risks are highlighted

The company is under growing pressure from British financial regulators to improve its internal controls and compliance functions after criticism of the auditing process at the firm
  • Lorcan Allen
  • December 31, 2022
Fintech

D’Arcy left role as Revolut director when company dropped Irish e-money licence

Fintech abandoned plans to run its western European business from Dublin
  • Peter O'Dwyer
  • October 29, 2022
Fintech

Halligan takes up new role at Algorand after leaving Revolut

Senior executive joins blockchain-focused foundation after two-year stint at Revolut, the fast-growing fintech company which has over 100m customers
  • Charlie Taylor
  • July 23, 2022
Banking

Revolut surpasses 20m retail customers globally

The fintech, which employs about 140 people in Ireland, is now processing more than 250m transactions a month
  • Charlie Taylor
  • July 14, 2022
Banking

Central Bank contacts regulated financial firms over IBAN discrimination

Financial regulator said issue, where domestic financial services firm reject non-Irish IBANs despite it not being legal under Sepa, continues to arise in Ireland
  • Eva Short
  • June 17, 2022
Banking

Synch payments platform gets green light from competition watchdog

Joint venture mobile payments app proposed by traditional Irish banks initially delayed amid competition fears
  • Eva Short
  • June 16, 2022
Fintech

Revolut now has 2m Irish customers

Neobank’s number of users has doubled since May 2020, with more than 1,000 signing up a day
  • Charlie Taylor
  • June 10, 2022
Banking

Revolut plans to pay its Irish users interest on Vault accounts

The popular digital banking service already offers dividends in other countries including the US, Britain and Poland
  • Peter O'Dwyer
  • May 28, 2022
Banking

Is now the time to switch to a neobank?

With KBC and Ulster Bank about to depart the Irish market, is this the right time for businesses to follow consumers and embrace digital banks?
  • Eva Short
  • May 24, 2022

Losses swell at Revolut Ireland as fintech quadruples workforce

Company reported operating loss of €3.3 million in 2020, up from €169,000 the previous year
  • Donal MacNamee
  • November 4, 2021

Buying now and paying later is adding up to big business

BNPL finance services are not without their pitfalls, but they are becoming increasingly popular among the millennial cohort after being reinvented for the digital age
  • Rosanna Cooney
  • October 9, 2021

BoI freezes work on new instant payments app

Activity on the development of Synch has been suspended since early June as the bank prioritises other IT projects instead
  • Lorcan Allen
  • August 1, 2021

Revolut valued at €28 billion after latest equity raise

The British-based fintech said it will use the funding raised this week to accelerate global growth plans
  • Lorcan Allen
  • July 15, 2021

Revolut steps up lobbying for more banking competition as it awaits licence decision

Fintech told politicians about need for more competition in Irish banking market in series of meetings this year
  • Donal MacNamee
  • May 27, 2021

Take it to the bank: Irish lending faces an uncertain future

As KBC exits Ireland, how did we get to a banking landscape soon to be dominated by three large retail banks? And what role will non-banks and digital challengers play in the industry?
  • Peter O'Dwyer
  • April 25, 2021

Trading places: the rise of the citizen investor

In the gamification of the stock market, increasing numbers of Irish people are playing the markets alone on free apps or in large groups inside private chat rooms such as Discord
  • Rosanna Cooney
  • February 7, 2021

Introducing credit unions to the Revolut generation

Wellington IT has brought the lending institutions into the digital age, helping them appeal to first-time savers, according to managing director Declan Colfer
  • Emmet Ryan
  • January 17, 2021

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