Revolut

Entity category: organization

Business

Robinhood’s Startup Fund Tumbles in NYSE Debut

Robinhood's new fund for retail startup investing saw its shares fall 16% on its first trading day, highlighting challenges in…

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Business

Revolut Seeks US Banking License to Expand Services

Revolut has filed a second application for a US banking license, backed by a $500 million investment to establish "Revolut…

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Business

Allica Bank Becomes Fintech Unicorn With $155M Series D

Allica Bank has become a fintech unicorn, raising $155 million in Series D funding to reach a $1.2 billion valuation,…

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BigTech Companies

MrBeast Acquires a Banking App

Beast Industries, owned by YouTube star MrBeast, has acquired the teen-focused banking app Step, marking its first major move into…

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Business

Belgian Cybersecurity Startup Aikido Reaches Unicorn Status

Aikido Security, a Belgian cybersecurity startup founded in 2022, has achieved a $1 billion valuation after a $60 million Series…

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Business

Revolut Valued at $75 Billion in New Funding Round

Revolut has achieved a $75 billion valuation, making it one of Europe's most valuable private tech companies and highlighting strong…

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Business

UK Banking License for Revolut Delayed Over Risk Concerns

The Bank of England has delayed Revolut's full UK banking license, requiring the company to strengthen its risk management systems…

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Business

Revolut Declares War on India’s ‘Criminal’ Forex Fees

Revolut is entering India to challenge high foreign exchange fees from traditional banks, citing that Indian residents lose an estimated…

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Artificial Intelligence

Europe’s VCs: Embrace Risk or Lose the AI Race to the US

European AI startups are lagging behind due to local venture investors' excessive caution, slow decision-making, and a deeply ingrained culture…

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AI & Tech

Stripe Partners With Anthropic, OpenAI to Build New Blockchain

Stripe is launching Tempo, a new venture focused on high-volume stablecoin processing, as part of a strategic push into the…

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Business

Startups Weekly: The Latest Trends & Survival Stories

Figma's upcoming IPO is generating significant interest, with predictions of a $1.5 billion raise due to strong financial performance. Revolut…

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Business

Revolut Aims for $65B Valuation After $45B Deal Last Year

Revolut is reportedly seeking a $65 billion valuation in its latest funding round, up from $45 billion last year, aiming…

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Business

Qonto Hits 600K Customers, Applies for Banking License in France

Qonto, a French fintech, has reached 600,000 customers in Europe and is applying for a full banking license in France…

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Business

Finom Raises €115M to Fuel SMB Fintech Growth in Europe

Finom, an Amsterdam-based fintech for SMEs, secured €115 million in Series C funding, bringing total funding to $346 million, as…

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AI & Tech

Dutch Tech Leaders: Europe Can Dominate AI Apps, Not Hardware

Europe should focus on AI applications rather than competing in AI hardware, leveraging existing US-built infrastructure to gain a competitive…

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Business

Swedish Scaleup Flower Triumphs in TECH5 Tech Championship

Flower won the TECH5 championship, establishing itself as Europe's most promising scaleup for its innovative energy storage and grid stabilization…

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Artificial Intelligence

Multiverse Computing Secures $215M to Slash AI Costs With New Tech

Multiverse Computing raised €189 million in Series B funding to advance its CompactifAI system, which compresses large language models by…

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Business

Tech Leaders Condemn Push for 7-Day Work Weeks as Toxic

The push for seven-day work weeks in Europe's tech sector has faced strong criticism from industry leaders, who argue that…

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Artificial Intelligence

Southern Europe’s Top 5 Scaleups Join TECH5’s Tech Champions League

Southern Europe’s tech ecosystem is gaining momentum, with five standout scaleups earning a spot in TECH5’s prestigious competition, often dubbed…

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