Polygon Labs today announced that Revolut, Europe’s largest digital bank with more than 65 million customers worldwide, has crossed $1.2 billion in cumulative transaction volume on Polygon – a milestone that contributed to Polygon closing the month as the number one blockchain network by transaction count, underscoring the accelerating shift of everyday payments onto blockchain…
Key Takeaways Revolut filed OCC and FDIC applications for a US national banking charter on March 5. The company suspended all US crypto services in 2023 and is expected to relaunch with Bitcoin and Ethereum. The OCC granted conditional national trust bank charters to Circle and Ripple in Dec. 2025. March 5 (Crypto-News.Net) – Revolut…
Revolut has scrapped plans to acquire a US bank and is instead preparing a direct bid for a national banking license, in a strategic pivot that leans on Donald Trump’s deregulatory stance to accelerate its American push. According to the Financial Times, the move marks a reversal from the fintech’s earlier merger-led strategy and underlines…
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Revolut now allows users to swap U.S. dollars for stablecoins at a 1:1 rate, completely removing fees, spreads, and hidden costs. The move aims to make cryptocurrency transactions as seamless as traditional foreign exchange transactions. Discover how neo-banks become wealthtech in London at the fmls25 The new feature allows Revolut’s 65 million users to exchange…
Revolut is seeking to convince investors of its $75 billion valuation as it reports strong revenue growth and weighs a bold expansion into the United States. The fintech said its second-quarter revenue climbed to $1.4 billion, a 46% jump from last year, as it prepared to close its latest fundraising round, Bloomberg reported. Revenue Growth…
Revolut has overtaken 34 traditional Polish brokerage firms to claim the second-largest market position, though the fintech challenger still lags behind industry leader XTB in the race for retail trading customers. Data from Poland’s Central Securities Depository (KDPW) shows XTB held nearly 615,000 Polish market accounts at the end of August, compared to Revolut’s newly…
Revolut has taken a step toward entering the United Arab Emirates after the Central Bank granted in-principle approval for its Stored Value Facilities and Retail Payment Services licenses. The approval positions the UK-based financial app to introduce its services to retail customers in the Emirates. Entry into a Key Middle East Market The UAE is…
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