Popular fintech Revolut has received calls to improve its internal controls after the Financial Reporting Council (FRC) found the company's account audits to be significantly flawed.
Revolut
Revolut, the global financial super app with more than 18 million customers worldwide, has announced a streamlined version of the Revolut app will be available in five new countries in the next couple of months. Customers in the additional countries can transfer money to 50+ countries quickly, bring
Revolut Business, the business banking app run by the challenger bank, is launching ‘Spend Management’, a new suite of solutions to help CFOs and controllers manage their teams’ spending.
Workers who bank with Revolut will be able to draw as much as half of their salary as they earn it weeks before payday under a new service being launched by the lender. The challenger bank, which has 3.5 million UK customers, will charge a flat fee of £1.50 every time a user accesses the pay t
Challenger bank Revolut has told its employees that they can spend up to two months a year working from abroad. The fast-growing British banking app, which has more than 2,000 staff, said the policy would ensure its international workforce could spend more time with their families.
Nic Storonsky, chief executive of Revolut, has refuted rumours that the fintech is facing financial difficulties in the wake of the coronavirus outbreak. As worries spread over the impact of COVID-19 on stock markets, banks and businesses, Revolut has reassured customers that rumours of its demise a
Challenger bank Revolut has launched a banking app for kids.
Digital challenger bank Revolut, chaired by Standard Life Aberdeen boss Martin Gilbert, is now valued at £4.3 billion ($5.5bn) after securing $500 million from investors.
Digital banks operating within Britain are on track to treble their customers in the next year.