Just a week ago, N26 announced an extension to their Series D funding with a further $100 million, bringing series D round to $570 million. This positions N26 as one of the highest valued FinTech companies globally. Their series A round funding started with €10 million from Valar Ventures, co-founded by Peter Thiel – also Paypal’s co-founder. Currently, N26 has reached over 5 million customers and raised $782 million. The company is valued at $3.5…
Starting today everyone in the U.S can have their Revolut account opened just in minutes. You just need to download their app and send a few official documents to comply with KYC regulation. Revolut has been in beta in the United States since June 2019. FDIC Insured Advance Direct Debits? Yes. All deposits for U.S. customers are FDIC insured up to a value of US$250,000. This makes your money safe! Also, all account owners are…
Revolut just announced that it launches a new Junior account feature that is dedicated to kids. The company states that it is a totally new way to teach our children about money and its management. What exactly Revolut Junior is? It is Revolut account devoted to young people from 7 to 17. They can spend and track their money with an additional level of security. By having Revolut card, young user can pay wherever he…
Revolut warns the users to be aware of fake support agents which ask for emailing a selfie or install 3rd party application. However, Revolut reminds that no one from the company will ask you to install some additional app, send passwords or other login details, and send an email with personal information or selfies. That information can be used to hack your account which could lead to financial loses. The company hints that the users…
After being successful in Europe, Revolut goes to the Asian market. The first country this fintech comes in – Singapore. However, Revolut opened the beta version for 30,000 customers only. And of course, to accept all the residents after the beta is successfully tested. Singaporeans get a multi-currency debit card which surely supports Singapore dollar together with 13 other currencies. Moreover, Revolut announced that it plans to open a lot of job positions here in…
Great news for every Revolut user which loves buying online. As you may know, a lot of e-shops accept only the cards with implemented 3DS security. Revolut didn’t have this feature for a very long time. That was a bit disappointing, we even mentioned that in Revolut review. However, the company finally announced that 3D is enabled for all the users. Of course, it works for cards issued by Mastercard and Visa. Furthermore, due to…
Revolut is recognized as one of the most famous names in the fintech world. It was established in 2015, but already has more than 6 million users around Europe and Australia. Also, there are expectations to see Revolut expand over the Atlantic and reach the US in the nearest future. That is an impressive result since the company just celebrated its 4th birthday. Regarding Wikipedia, as of February 2019, the brand claimed to have over…