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'Trillions Of Dollars Worth Of Assets' Could Move To Blockchain, Says One Insider
Tuesday, October 29, 2024 - 12:22pm | 536The integration of blockchain into traditional financial systems is expanding rapidly. Major institutions such as Citi, JPMorgan and Mastercard are making substantial investments, signaling a potential transformation in finance. Ian Horne, head of content at Money20/20, shared his views on the...
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Mark Zuckerberg's Meta Asked To Foot The Bill Partly In Fraud Cases By UK Fintech: 'These Platforms Share No Responsibility'
Friday, October 4, 2024 - 1:31am | 614U.K.-based fintech company Revolut has called on Mark Zuckerberg-led Meta Platforms Inc. (NASDAQ:META) to help cover the costs of reimbursing victims of fraud. What Happened: On Thursday, Woody Malouf, Revolut’s head of financial crime, dismissed Meta’s initiative to...
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Revolut Plans To Launch Stablecoin: 'Crypto Is Part Of Our Belief In Banking Without Borders'
Wednesday, September 18, 2024 - 11:35am | 534London-based fintech company Revolut, known for its cryptocurrency trading services, is reportedly planning to introduce its own stablecoin. What Happened: Quoting sources, Coindesk reported that Revolut, which secured a U.K. banking license in July and reached a valuation of $45 billion earlier...
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UK Tries To Woo SoftBank-Backed Revolut For A London Listing Amid Fintech Giant's NASDAQ Plans
Friday, August 16, 2024 - 5:50am | 599In the latest development, the U.K. Treasury is gearing up for discussions with Revolut, one of the most valuable fintech firms in Britain backed by SoftBank, to underscore the allure of London for a potential listing. This move comes amid Revolut’s ongoing contemplation of a New York listing...
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SoftBank-Backed Fintech Giant Revolut Eyes Valuation Of Over $40B In Employee Share Sale: Report
Friday, June 21, 2024 - 2:50am | 584In a move that could solidify its status as Europe’s most valuable startup, Revolut, a UK-based fintech major, is reportedly eyeing a valuation of over $40 billion in an employee share sale. What Happened: Revolut, which is backed by SoftBank Group Corp. (OTC:SFTBY), is working with Morgan...
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GTN, Revolut Partner To Launch Bond Trading For Customers In Europe
Tuesday, June 18, 2024 - 12:40pm | 327GTN — a provider of investment and trading solutions for brokers, banks and asset managers — is partnering with financial Revolut to launch bond trading for European users. What Happened: Revolut is leveraging GTN's instant click-to-trade functionality, which is delivered via FIX and REST APIs....
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Digital Currency Group Searches For A Lifeline As SVB And Crypto-Friendly Banks Collapse
Tuesday, March 14, 2023 - 12:07pm | 436Prominent crypto conglomerate Digital Currency Group (DCG) is seeking to secure new banking partners for its portfolio companies in the aftermath of the recent collapses of Silicon Valley Bank (NASDAQ: SIVB), Signature Bank, and Silvergate Capital Corp (NYSE: SI). Coindesk reported that...
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Revolut Launches Crypto Staking, Soft Launch Begins In UK And EEA: Report
Monday, February 6, 2023 - 6:02pm | 389Neo-banking company Revolut has introduced cryptocurrency staking in the UK and the European Economic Area through a soft launch, AltFi reported. What Happened: The full launch will start this week, allowing users to earn income on their crypto assets while the product was in soft testing....
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Revolut Looks To Capture US Market Share With Commission-Free Stock Trading
Wednesday, January 19, 2022 - 7:16pm | 242Revolut is now a licensed U.S. broker-dealer. As part of this development, users will be able to fractionally buy and sell shares of their favorite ETFs and companies listed on the Intercontinental Exchange-owned (NYSE: ICE) New York Stock Exchange and Nasdaq Inc (NASDAQ: NDAQ) exchange. Bonus: No...
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Fintech Focus For July 22, 2021
Wednesday, July 21, 2021 - 5:36pm | 2089Quote To Start The Day: “Know thy self, know thy enemy. A thousand battles, a thousand victories.” Source: Sun Tzu One Big Thing In Fintech: Adena Friedman, president and chief executive of Nasdaq, says the firm sees a huge opportunity from spinning out Nasdaq Private Market into a...
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Crypto-Friendly UK Challenger Bank Revolut Now Worth $33B After SoftBank Investment
Thursday, July 15, 2021 - 3:41pm | 374British Bitcoin-supporting (CRYPTO: BTC) challenger digital bank Revolut raised around $800 million in a funding round led by Japanese investment behemoth SoftBank Group Corp (TYO: 9984). What Happened: According to a Thursday Reuters report, with this fundraising, Revolut...
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UK Fintech Platform Revolut Adds Support For Dogecoin Due To High Demand From Users
Wednesday, June 9, 2021 - 7:46am | 409What Happened: London-based Fintech company Revolut announced support for meme-based cryptocurrency Dogecoin on Tuesday. We're interrupting your regularly scheduled Token Tuesdays to bring you something new in the crypto world. There just aren't enough dogs in the Revolut app...but we're about...
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Fintech Focus For June 9, 2021
Tuesday, June 8, 2021 - 7:39pm | 2379Quote To Start The Day: "If you want to live a happy life, tie it to a goal, not to people or things.” Source: Albert Einstein One Big Thing In Fintech: A small number of banks have begun offering early direct deposit — a move that will cost them revenue in the short run but could...
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'Fastest Crypto Exchange In The World' Released To Retail Market
Thursday, June 3, 2021 - 11:27am | 480The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The crypto wallet Blockchain announced Tuesday that it has launched The PIT, an institutional-grade crypto exchange with...
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Fintech Focus For May 7, 2021
Thursday, May 6, 2021 - 6:32pm | 2177Quote To Start The Day: “Whatever you are, be a good one.” Source: Abraham Lincoln One Big Thing In Fintech: Metromile Inc, an insurance-focused fintech powered by data science and machine learning, announced Thursday it will allow policyholders the option to pay for insurance and...