Abolish stamp duty on shares to reverse London’s IPO slump, say top fintechs Fintech The group that represents the UK’s fastest growing fintech companies has called for the government to scrap stamp duty on shares to boost London’s flagging initial public offering market. Innovate Finance – which counts Revolut, Monzo and Zilch among its members – has called for the Treasury to ditch the 0.5 per cent levy on [...]
Revolut US licence win ‘strengthens pre-IPO story’ Fintech Revolut’s conditional approval for a US banking licence has been hailed as a “consequential” step in the fintech’s march towards a long-awaited public debut. The digital bank landed approval from the Office of the Comptroller of the Currency (OCC) for its American national bank charter last week, clearing a major hurdle to launch its operations [...]
Revolut takes step closer to US bank launch after clearing key regulatory hurdle Banking Revolut has taken a step closer to launching a bank in the US after clearing a major regulatory hurdle. The Canary Wharf-based business has received conditional approval from the Office of the Comptroller of the Currency (OCC) for its American national bank charter. The UK’s biggest fintech is progressing its application with the Federal Reserve [...]
Natwest wins approval to beef up US presence August 25, 2026 Natwest has landed approval from the US Federal Reserve to beef up its presence on the other side of the Atlantic. The British banking giant has been granted permission to set up a “representative office” in Connecticut that will “act as a liaison with current and prospective US customers of the bank”. The approval document [...]
Revolut chatbot goes rogue by charging users to cancel subscription August 13, 2026 Revolut’s chatbot has threatened to charge customers who wanted to cancel their premium subscription because a key membership perk was reduced, City AM understands. The digital bank’s automated assistant – formerly known as Rita, or ‘Revolut’s Intelligence Troubleshooting Assistant’ – has ordered customers to pay a break fee when they requested to cancel their subscription. A [...]
Revolut takes flight with launch of new airport lounges August 13, 2026 Revolut is planning to build up its physical presence in Europe with the launch of its own airport lounges. The digital banking giant has said from next year it will begin rolling out premium lounges across its priority markets. The London-based group has picked Copenhagen Airport for the 2027 debut, which Hadi Nasrallah, director of [...]
Revolut lands fresh banking licence after wrestling with Europe friction August 10, 2026 Revolut has been granted a new full-fat banking licence with approval from the European Central Bank following previous friction with the prudential regulator. The $75bn fintech giant – which is currently undergoing a secondary share sale expected to value it at $115bn – revealed on Monday its European arm will accelerate its continental push under [...]
Starling plans to ‘come out swinging’ in diversification bid August 6, 2026 Bernadette Smith has a spring in her step as she sits down in Starling’s headquarters to discuss her new role. The fintech’s new banking boss is buzzing with energy that she wants to pass onto customers and investors. “I want everyone to be talking about us,” she says, envisaging how she will measure success in [...]
Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation August 5, 2026 The billionaire founder of Revolut is set to see his wealth balloon following reports of a pay package that would land him a major stock windfall if the fintech reaches a $500bn valuation. The digital bank, which is currently undergoing a secondary share sale seeking to value the firm at $115bn, is in discussions to [...]
Revolut will become $1 trillion company by 2035, says early VC backer July 31, 2026 Revolut will secure a price tag of $1 trillion within a decade, an early backer of the fintech has claimed. The digital banking juggernaut is in the midst of a secondary share sale at an expected valuation of $115bn and was last valued at $75bn in November 2025, when it landed investment from chip giant [...]