Revolut stories

Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.

Tempo launches Mainnet and unveils Machine Payments Protocol to automate stablecoin and card payments between AI agents and online services.

Robinhood Ventures Fund I adds Stripe and ElevenLabs stakes to give retail investors listed access to late-stage private tech firms.

Revolut seeks a US national bank charter and names Cetin Duransoy as US chief, sharpening its push into regulated American banking.

Summize raises USD $50m to accelerate its AI-powered contract platform, targeting rapid expansion across the UK and US legal markets.

Singapore fintech Aspire wins key licences in Australia, Europe and the US, paving the way for a global rollout of its business finance platform.

Revolut's employee share sale values the fintech at $75 billion, with revenue up 72% to $4 billion and expansion into Mexico, Colombia, and India.

Yaspa appoints Renuka Rawlins, formerly of Revolut, as Head of Policy and Public Affairs to lead regulatory engagement amid expansion in payments and iGaming.

Only 23% of consumers in the US, UK and China have used eSIMs, though 49% are open to travel eSIMs once informed, showing strong growth potential.

QuantumLight closes USD $250 million debut fund, rolls out hiring playbook inspired by Revolut's recruitment success and rapid growth strategies.