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The share sale is being led by Coatue and D1 Capital Partners, and existing investor Tiger Global, Revolut said.

Revolut joins Europe's biggest banks with $45bn valuation

Britain's Revolut has been valued at $45 billion through a secondary share sale to new and existing investors, the financial technology firm said today, making it worth more than some of Europe's biggest banks.

Business • 16 Aug 24

Revolut has nine million customers in the UK

Revolut gets UK banking licence, ending three-year wait

Financial technology firm Revolut has received a UK banking licence with restrictions from the sector's regulator, it said today, making new strides towards the full authorisation it has sought for three years.

Business • 25 Jul 24

The total amount spent with Revolut is up over 15% in June of this year compared to the same time last year, according to its latest consumer spending analysis

Consumers spend 15% more with Revolut in June

Two busy weekends, a rise in domestic and international tourism and the start of the school holidays saw spending rise across multiple sectors of the economy in June, new figures from online bank Revolut show today.

Business • 17 Jul 24

Revolut has applied for a UK banking licence but three years on is still waiting for approval

Revolut reports bumper profits for 2023

Online bank Revolut swung to a pretax profit of £438m in 2023 on strong user growth and interest-related income, compared to a pretax loss of £25.4m a year earlier.

Business • 02 Jul 24

Revolut was founded in 2015 and has 40 million customers globally

Revolut could be valued at north of $40 billion: sources

Financial technology firm Revolut could be valued at north of $40 billion in a share sale, even as it still awaits a UK banking licence, according people familiar with the situation.

Business • 21 Jun 24

Revolut said it now allows trading of almost 40 corporate and government bonds and will expand the list in the coming months

Revolut offers bond trading to Irish customers

Financial app Revolut said today that it has added bonds to its investment offering in Ireland.

Business • 18 Jun 24

The May sunshine sparked a significant rise in consumer spending on sports clubs

Spending by Revolut users up 8% in May to €1.25bn

Spending by Revolut users increased by almost 8% in May compared with the previous month.

Business • 11 Jun 24

The company said that customers will be able to earn daily interest while also having access to their funds on-demand

Revolut launches new savings accounts

Online bank Revolut has launched new instant access savings accounts with rates of up to 3.49% AER variable.

Ireland • 23 May 24

Spend on airlines jumped 25% year-on-year, while airport spend increased by 12%.

Revolut customers spent more on travel amid April showers

Revolut customers in Ireland spent 10% more on travel in April when compared with the same month last year, new data shows.

Business • 14 May 24

Revolut currently has 75 roles advertised in Ireland.

Revolut to increase global workforce by 40% this year

Revolut is set to increase its global headcount by 40% this year.

Business • 24 Apr 24

Revolut has given the <18 app a new look and features.

Revolut app for kids and teens passes 2m customers

Revolut has said its app for young people aged 6-17 years now has over 2 million customers worldwide.

Business • 11 Apr 24

Revolut said that more than 5.25 million card payments were made over the St Patrick's Day weekend

Spending up 4% over St Patrick's weekend - Revolut

New figures from financial app Revolut shows that spending here via the app over the St Patrick's Day weekend rose by 4% compared to the same time last year.

Business • 27 Mar 24

Revolut's revenue soared by 45% in 2022 from 2021

Revolut says revenue hit record £923M in 2022

Fintech company Revolut's revenue rose to a record £923m in 2022, helped by interest income growth, but net profit fell sharply to £6m, the company said in delayed annual accounts today.

Business • 22 Dec 23

The Late Late Toy Show was RTÉ's most-watched TV programme in 2022 with 1.6 million viewers.

Revolut teams up with RTÉ's Toy Show Appeal again

Banking and payments app Revolut has teamed up with RTÉ's Toy Show Appeal for the third year in a row to allow viewers to donate from their Revolut app.

Business • 22 Nov 23

Revolut has about 2.5 million customers in Ireland

Revolut to increase charges for paid plans

Banking and payments app Revolut has announced the first significant overhaul of its paid plans for its Irish customers since their launch in 2018.

Business • 16 Nov 23

Revolut has reported a 35% reduction to authorised push payments (APP) fraud on its platform since June this year

Revolut doubles financial crime headcount since 2021

Online bank Revolut claims to have successfully prevented more than €220m in potential fraud in the last 12 months.

Business • 31 Oct 23

Revolut has added more than 70 European-listed companies to its investment offering here

Revolut adds European listed stocks to trading platform

Online bank Revolut said today it has added more than 70 European-listed companies to its investment offering in Ireland.

Business • 24 Oct 23

Revolut plans to offer mortgage products to its 30 million customers around the world for the first time

Revolut set to enter mortgage market

Banking and payments app Revolut has announced plans to offer mortgage products to its 30 million customers around the world for the first time.

Business • 21 Sep 23

The amount spent by Irish tourists while on holiiday differed hugely based on the destination

Revolut users spent 4% more while abroad this summer

The amount of money spent by holiday makers abroad jumped over 4% this summer when compared to the same time last year, new Revolut data shows.

Business • 20 Sep 23

Revolut users are prioritising shopping and actives where prices have stayed the same over the past year.

Revolut customers spending 13% more than last year

Revolut customers in Ireland are spending over 13% more than they did during the same period last year.

Business • 18 Sep 23

Revolut claims that its product came out as the best deal in a third of cases it examined in an analysis

Revolut starts phasing in car insurance offering

Banking and payments app Revolut is launching its car insurance offering in Ireland today in partnership with insurer AIG.

Business • 30 Jul 23

A number of countries around the world are striving to become cashless

Cash or card?: Best ways to pay when travelling abroad

If the Covid-19 pandemic taught us anything, it is how dirty cash really is.

Business • 29 Jul 23

Synch Payments is backed by AIB, Bank of Ireland and Permanent TSB

Synch Payments delayed over regulatory requirements

Synch Payments, the money-transfer system being rolled out by the main retail banks here, is to be delayed after the Central Bank said it requires regulatory approval before it begins operating.

Business • 06 Jul 23

Revolut has over 15,000 business customers in Ireland

Revolut corporate users to get Irish IBANs for accounts

Business users of Revolut are to get local Irish based International Bank Account Numbers (IBANs), in a move that should make it easier for them to make payments via direct debit.

Business • 30 May 23

Last month, Revolut announced plans to begin providing car insurance in Ireland

Revolut issues Irish IBANs to more than 2m customers

Online bank Revolut has completed the process of giving Irish IBANs to its more than 2 million Irish customers.

Business • 06 Apr 23