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The Latest Breaking News from Revolut

Billionaire Warns of UK Brain Drain as 38% of Brits Under 35 Plan To Leave in the Next 5 Years

High costs and poor weather drive 38% of Brits under-35 to consider moving to Southern Europe for better quality of life and tax incentives.

International Business Times UK

Revolut boss says ‘not rational’ to float in UK over US stock market

Nik Storonsky’s remarks came as the chief executive of Barclays said London’s stock market had ‘shrunk’ while ‘the US has grown’.

Evening Standard

Charli XCX Brat 2024 Tour at the O2: What time is she on and what's the setlist?

Don’t just Guess – here’s a 360 view of all your questions about the London leg of the Brat Tour answered

Evening Standard

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Brighton Man Drowns In £75K Loans After Falling For Martin Lewis And Elon Musk Deepfake Crypto Scam

Brighton resident Des Healey fell for a deepfake Facebook advert of popular consumer finance expert Martin Lewis vouching for a non-existent Bitcoin investment scheme, supposedly endorsed by Elon Musk.

International Business Times UK

Charli XCX to headline 'Party Girl' festival at London’s LIDO 2025

The ‘Brat’ star will take the stage in Victoria Park alongside The Japanese House, A. G. Cook, and The Dare on June 14

Evening Standard

Brat banking: Charli xcx takes the stage in Revolut’s push to cleanse its image

Two-day bash in London was part of ‘lifestyle brand’ push to snare younger customers

The Guardian - UK

Cryptocurrencies are making investors very rich – and making it harder to catch financial scammers

Fraudulent payments – where people are tricked into sending money to criminals – cost consumers £460 million in England and Wales last year. To give consumers more protection, the UK government now plans to give banks 72 hours to delay completion of potentially fraudulent transfers.

The Conversation

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Traditional banks are proving to be too slow and cumbersome for SMBs

Old-school banks are ending up too costly and slow for many businesses who want more mobile funcitonality.

TechRadar

Spending on rent and mortgages jumped in October, says Barclays

The bank’s Property Insights report found that spending on rent and mortgages jumped by 6.4% annually last month.

The Independent UK

The bank named in more fraud complaints than any major UK competitor

One Revolut customer said he had £165,000 stolen from his business account by fraudsters

The Independent UK

Best travel money cards to access currencies abroad

Forex options that won’t leave you out of pocket

Evening Standard

Scam warning over little-known phone number rule

There are reports of people being bombarded with calls from debt collectors or people contacting them to buy drugs

The Independent UK

Revolut Urges Meta To Step Up On Cyber Fraud Reimbursement

British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, blasting the US tech giant's data-sharing partnership with several UK banks as "woefully" inadequate.

International Business Times

Minister urges UK financial regulator to rethink ‘naming and shaming’ plan

Tulip Siddiq says she will make a decision after Financial Conduct Authority reports back to her

The Guardian - UK

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news in one place.

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International Business Times

EXCLUSIVE: Paybis CEO Talks Revolut Pay, SWIFT Integration, Crypto Adoption In Business

Paybis recently integrated with Revolut Pay and SWIFT, empowering businesses to offer more seamless crypto services to their clients. The integration marks a pivot toward broader crypto adoption in business.

The Guardian - UK

Fintech firm Revolut valued at $45bn in employee share sale

Staff in line for $500m windfall, with company now worth more than market valuations of big high street banks

Evening Standard

Revolut valuation hits $45 billion in staff share sale as Tiger Global ups investment

Britain’s newest bank has signed agreements over a secondary share sale at a $45 billion valuation, with existing staff set to cash in their shares as investor Tiger Global increases its stake in the business.

Evening Standard

Revolut's UK banking licence is fantastic news...for the FT

Congratulations are in order to Nik Storonsky, co-founder of Revolut and arguably the most patient businessman in London. He has had to wait a tedious three years to finally secure a British banking licence, opening the door up to further expansion for the $45 billion fintech.

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news in one place.

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The Guardian - UK

Post Office management were ‘thugs in suits’, former Lib Dem leader Vince Cable tells inquiry – as it happened

Cable agrees with characterisation of leadership at state-owned body when he was business secretary from 2010-15 in testimony to hearings on Horizon IT scandal

The Guardian - UK

Revolut finally receives UK banking licence after three-year wait

Move paves way for fintech firm to hold customers’ deposits and offer own-branded loans, including mortgages

Evening Standard

Revolut receives UK banking licence

Revolut today ended a painful three-year wait to secure a British banking licence in a breakthrough moment for Britain’s biggest fintech, paving the way for major expansion.

The Conversation

Books that shook the business world: Wikinomics by Dan Tapscott and Anthony D. Williams

I have a confession to make. Despite being an academic, I do not actually read many books. In truth, I don’t often find books about what I like. My interest is on how the latest technologies affect business, and this topic is usually covered better by research articles and the…

Evening Standard

Revolut's new banking licence strategy

Crypto? What crypto?

Fortune

The VC behind Mistral, Revolut and Slack just raised $2.3 billion to invest in long-term AI champions: ‘The era of the quick buck mentality is over’

“We think Europe is going to be one of the most important ecosystems for AI,” Index Ventures's Hannah Seal told Fortune.

Fortune

Revolut billionaire Nik Storonsky set for a 9-figure payday as part of upcoming $500 million share sale

The secondary sale will be closely monitored as Revolut has become the crown jewel of the U.K.’s fintech sector and the most valuable private company in Europe.

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