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The start-up has already started doing business in the U.S., launching its core digital banking product in March after partnering with Metropolitan Commercial Bank. Revolut has also launched a new gold trading service for its Metal and Premium customers, and  has appointed several experienced professionals to its board of directors. CI on Twitter Got a confidential news tip? Data is a real-time snapshot *Data is delayed at least 15 minutes. We want to hear from you. Revolut CEO: ‘Not all people are suitable for the rocket ship’ Nikolay Storonsky talks to FN about culture, controversy and how a startup is like a baby Earlier this year, Lending Club, a fintech pioneer, bought Radius Bank for $185 million in part to gain a national bank charter. Politics

The American Beta roll-out continues today. Revolut has recently been valued at $5.5 billion, following its $500 million Series D investment round. If you are not happy with our resolution you can refer your complaint to the Financial Ombudsman Service. The bank recently introduced new features that allow users to earn cashback or avail special discount offers when they spend. Hello, I have been waiting for activation of my account for 1 week, and they send me following reply without any explanation. I tried (It was mentioned in another post) but that seems to be invalid also. Crowdfunding Guide Advertising: [email protected]

The move from Revolut, valued at $5.5 billion in a February fundraising round, is the latest example of one of a new breed of digital challengers seeking to become a regulated bank. We use cookies to ensure that we give you the best experience on our website. Digital Bank Revolut has appointed a new chief executive officer ahead of the Fintech firm's planned US launch.

Read more on the Noel Quinn HSBC appointment here. CI on Instagram After a slow start, Revolut is approaching a half million users in the U.S., helped in part by a recent push to offer savers a high interest rate, according to a separate person with knowledge of the firm's operations. © 2020 CNBC LLC. Contact Us Advertise on Crowdfund Insider Info: [email protected] PO Box 221196 Revolut, which was established only five years ago, seems to be interested in recruiting senior executives who have extensive experience working in finance, both locally in the UK and overseas. Alternatively, you can submit a complaint form or contact the Complaints team via this address. Submit a Tip The digital bank’s most recent appointment comes as the company prepares for its full-fledged launch in the United States, after revealing plans to do so back in 2018. Nik Storonsky | London, Greater London, United Kingdom | Founder & CEO at Revolut | 500+ connections | View Nik's homepage, profile, activity, articles Revolut started in 2015 as a way for Europeans to avoid currency conversation fees while traveling. following its $500 million Series D investment round, Banking Challenger Market Is Growing Rapidly, with Brazil’s Nubank being the World’s Largest with 15 Million Clients, Digital Bank Monzo Announces Appointment of Former American Express Executive Sujata Bhatia As COO, Pending Regulatory Approval, Digital Banking: UK-based Neobank Monzo Applies for Banking Charter in the US, JPMorgan Chase Moves a Step Closer to Launching a Digital Consumer Bank in the UK, Germans are Not Using Banking Apps as Much as Expected, but Are Using Online Trading Apps More Frequently After COVID: Report, Digital Bank Revolut Experiences Technical Issues, Customers Complain about Not Getting Salaries Deposited on Time, At least 67 Fintech Unicorns Operating Globally, with North America Leading the Way, and Asian, European Markets Growing Fast, Fintech Funding in the UK Declines During H1 2020, but Challengers Revolut, Starling Bank,, Onfido Close Mega $100 Million+ Rounds, Over 30% of Digital Bank Revolut’s 10 Million Finance App Users have traded Cryptocurrencies in the Past Month, Digital Banking: Monzo, Starling, and Revolut Make it Much Easier to Open Accounts, According to a Recent Review, UK-based Digital Bank Revolut to Lay Off 60 Workers, Due to COVID-19, Digital Bank Chime to Test Out New Way to Instantly Send $1,200 in Federal Stimulus Payments to US Customers, Following COVID-19 Outbreak, Fintech Unicorn Revolut to Allow Premium and Metal Customers to Purchase and Sell Gold from its App, Banking Challengers Attracted Record Levels of Investments Last Year: Report, Deutsche Börse Finalizes $15 Million Round in Clarity AI, a Fintech Leveraging Machine Learning Tech, Payments Fintech PayMongo Partners with Vesta on Fraud Detection, Open Banking Platform Tink Completes Acquisition of Eurobits Technologies. FAQ Nikolay Storonsky is the founder and CEO of fintech start-up, Revolut. CI on LinkedIn Strategy Offerings Get this delivered to your inbox, and more info about our products and services. Bill Rattray Becomes Interim CFO at Revolut Fintech For any other enquiries please visit this page or contact us via the in-app chat. Crowdfund Insider Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech. It has been offering services in the UK without one for the past five years. For the past four decades, Oliviera has worked in senior management positions for several leading financial institutions, including the Union Bank of California, where he was employed for more than 20 years. Quinn was previously the CEO of HSBC’s Global Commercial Banking unit, a role he had held since 2015. Hopefully I will get a direct email from them. Translated: Shanghai Stock Exchange Statement Suspending Ant Group’s IPO. Support: [email protected] "It's a huge opportunity for us if we are able to provide all the products that you need in one app, but the app is highly personalized to your needs," Revolut CEO Nikolay Storonsky said in a July phone interview. Real Estate

Maclean, who’s also a former finance director at Metro Bank, said he had to leave his role at Revolut due to personal reasons. Revolut CEO and co-founder Nik Storonsky noted (following the raise): “We’re on a mission to build a global financial platform – a single app where our customers can manage all of their daily finances, and this investment demonstrates investor confidence in our business model.”, “Going forward, our focus is on rolling-out banking operations in Europe, increasing the number of people who use Revolut as their daily account, and striving towards profitability.”.

David Maclean, former chief financial officer at Revolut,  has decided to step down from his position after spending less than six months with the firm. CI on Facebook

Revolut, the biggest European digital bank with 13 million users, is close to applying for a banking license in the U.S., CNBC has learned exclusively. All Rights Reserved. If you continue to use this site we will assume that you are happy with it and agree to our terms of service. All Rights Reserved. Digital Assets Insider® Sign up for free newsletters and get more CNBC delivered to your inbox. Apparently, to help advance its cause, Revolut has reportedly hired Ronald Oliveira, a senior US banking professional. Fintech Insider®

Leading digital bank Revolut has been rolling out new features for its digital banking platform. If you have a complaint, the best way is to contact us is via the in-app chat. Even though Revolut's bank charter will be with California, it will allow the lender to operate widely throughout the U.S. via interstate agreements, said one of the people, who declined to be identified speaking about the start-up's private plans.

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