Tag: Revolut
Revolut raises $500 million at $5.5 billion valuation
Fintech startup Revolut is raising a large Series D round of funding. TCV is leading the $500 million round, valuing the company at $5.5 billion. Over the past few years, Revolut has raised $836 million in total. Some existing investors are also participating in today’s funding round, but Revolut isn’t…
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Venmo prototypes a debit card for teenagers
Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create a debit card connected to their account for their teenage children. That could potentially let parents set spending notifications and limits while giving kids more flexibility in urgent situations than a…
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European founders look to new markets, aim for profitability
To get a better sense of what lies ahead for the European startup ecosystem, we spoke to several investors and entrepreneurs in the region about their impressions and lessons learned from 2019, along with their predictions for 2020. We asked for blunt responses — and we weren’t disappointed. These responses…
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Revolut uses ‘open banking’ to let you aggregate other bank account data within its app
Revolut, the European banking and money transfer app that now claims over 10 million customers, has partnered with open banking API provider TrueLayer to add bank account aggregation features to its app. The new functionality means that Revolut’s U.K. customers — both consumer and business — can now connect their…
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US regulators need to catch up with Europe on fintech innovation
Alastair Mitchell Contributor Alastair Mitchell is a partner at multi-stage VC fund EQT Ventures and the fund’s B2B sales, marketing and SaaS expert. Ali also focuses on helping US companies scale into Europe and vice versa. More posts by this contributor Europe shows the way in online privacy Fintech companies…
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Revolut partners with Flagstone to offer savings vaults in the UK
Fintech startup Revolut lets you earn interests on your savings thanks to a new feature called savings vaults. That feature is currently only available to users living in the U.K. and paying taxes in the U.K. The company has partnered with Flagstone for that feature. For now, the feature is…
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