Tag "Revolut"

Revolut Singapore’s Customers Will Soon Be Able to Trade Crypto Within the App

Challenger bank Revolut has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate a fully regulated cryptocurrency service, along with merchant acquiring services. Revolut Technologies Singapore (RTS) is already licensed as a Major Payment Institution (MPI) in

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Revolut Appoints Lazada’s Co-founder Charles Debonneuil as Its APAC GM

Challenger bank Revolut announced that it has appointed Charles Debonneuil as its APAC General Manager. Debonneuil will focus on building out Revolut’s local growth teams and developing the business’ growth strategy as well as driving rapid new user acquisition in

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Revolut Eases Requirements to Set up Account for All Ukrainian Refugees

Revolut has eased many of the requirements needed to set up an account for all refugees regardless of nationality, fleeing Ukraine following the Russian invasion. The company has also done away with a number of FX and top-up fees to

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Revolut to Enable Singapore Users to Trade Gold and Silver in 2022

Revolut announced that it will be offering customers gold and silver exposure through the app. [Editorial Note: This article previously stated that Revolut has received approval from MAS to offer commodities, which was incorrect. Revolut has interpreted MAS’ “no objection”

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Revolut Appoints HSBC’s Former Exec to Lead Wealth and Trading Products’ Launch

Challenger bank Revolut announced that it has hired banking veteran Deepak Khanna as its Head of Wealth and Trading effective from today onwards. In his role at Revolut Singapore, Deepak will build and lead the teams that will launch Revolut’s

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MAS Awards Capital Markets Services License to Revolut Singapore

Challenger bank Revolut has obtained a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This will allow them to launch its stock trading feature to its customers in Singapore and beyond, giving them the opportunity to

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Revolut Singapore Launches Financial App for Children

Revolut has introduced a financial app designed for kids which is controlled by a parent or a legal guardian and is now available to its customers in Singapore. Revolut customers can set up a Junior account for free. Revolut Junior

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Revolut Singapore Ties up With Insurtech to Offer Lifestyle-Based Insurance

Revolut and SNACK by NTUC Income, an insurance cooperative in Singapore, announced a partnership to incorporate lifestyle-based insurance offerings. SNACK, launched in June this year, offers stackable, micro-insurance that integrates into their customers’ daily lifestyle activities. The app has partnered

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Revolut Bolsters Leadership Team in Singapore with New CEO and Two Senior Appointments

Revolut, has bolstered its leadership team in Singapore with the appointment of a Chief Executive Officer, Chief Compliance Officer and Head of Growth. This comes after it announced Martin Gilbert’s appointment as Chairman of its Board, who sat on the

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Revolut Finally Launches in Singapore

London based fintech Revolut officially announced the launch of its services in Singapore today. As early as last year the company has been stating that they “are launching soon” in Singapore. Fintech News Singapore anticipated in an earlier report that

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