Revolut

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.