Tag "Revolut"
Revolut’s Youth-Focused Financial App Surpasses 2 Million Users Globally
Global neobank Revolut announced today that its youth-focused financial app designed for individuals aged 6-17, has surpassed two million users worldwide. The <18 app, part of a suite aimed at empowering the next generation with financial literacy, now counts more
Read MoreRevolut India Secures In-Principle Approval for Prepaid Cards and Wallets
Global neobank Revolut announced that its Indian entity has secured in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI), such as prepaid cards and wallets. This new approval complements their existing authorisation to operate
Read MoreRevolut Expands ‘Mobile Wallet’ to S’pore for Transfers to Bangladesh and Kenya
Global neobank Revolut has expanded its services by launching the “Mobile Wallets” feature in Singapore, enabling customers to transfer money directly to Bangladesh and Kenya. Revolut plans to unveil additional wallet routes in the near future. This feature was first
Read MoreRevolut Deploys AI to Combat Card Scams, Reports 30% Fraud Loss Reduction
Global neobank Revolut has rolled out an advanced artificial intelligence (AI) feature designed to shield its 35 million users worldwide from the growing threat of card scams. The AI-driven feature is engineered to identify and prevent Authorised Push Payment (APP)
Read MoreRevolut Singapore Unveils 24-Karat Gold-Plated Card for Top Spenders
Global neobank Revolut has announced the launch of a 24-karat gold-plated card exclusive to its Singapore users. This limited edition card, available for the holiday season, will be offered to the top 100 spenders between 1 December 2023 and 31
Read MoreSingaporeans Lack Confidence in Ability to Spot Online Fraud, Revolut Survey Finds
A recent survey by Revolut, a global neobank with over 35 million customers worldwide, found that over 20% of Singaporeans have experienced some kind of fraud when shopping online in the last six months. Young people aged 18-34 years old
Read MoreRevolut Invests in Fraud Talent with 2,500 Experts Across 6 Markets
Revolut, a global neobank with over 35 million customers worldwide, has doubled its financial crime headcount since 2021, with over a third of its workforce now dedicated to fighting fraud. The company has over 2,500 financial crime experts across 6
Read MoreRevolut Launches Its Biggest Update Yet for Over 35 Million Users
Revolut, a global neobank with over 35 million customers worldwide, has launched Revolut 10, its biggest update yet, with a significant overhaul of the design and layout of the app. In Singapore, Revolut announced the launch of stock trading, instant
Read MoreRevolut Launches Instant Card Transfers to Over 80 Countries
Revolut, a global neobank with 30 million customers worldwide, has launched instant card transfers that allows customers to securely send money in real-time to anyone in over 80 countries with just their name and 16-digit Mastercard or Visa card number.
Read MoreRevolut Singapore Users Can Now Exchange and Store 7 New Currencies in the App
Revolut, a global neobank with more than 28 million customers worldwide, announced that its Singapore users will be able to exchange and store seven new currencies within the app. The additional currency accounts include Indian rupee (INR), Philippine peso (PHP),
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