Results for: Revolut

Revolut, a UK-based fintech company, has publicly criticized Meta for its inadequate response to fraud on its platforms. Revolut’s head of financial crime, Woody Malouf, argues that Meta’s data-sharing initiative is insufficient and that the company should bear responsibility for reimbursing victims of scams. Revolut’s report reveals that a significant portion of fraud cases reported by UK customers originate from Meta platforms like Facebook and Instagram, prompting calls for Meta to actively support victims.

Robinhood Markets Inc. and Revolut Ltd. are reportedly considering entering the lucrative $170 billion stablecoin market, potentially shaking up the dominance of current leader Tether USDT/USD. This move comes as the European Union prepares to enforce stricter crypto regulations, which could impact the operations of major stablecoin issuers like Tether. The stablecoin market is increasingly gaining traction, particularly among younger demographics in emerging markets, indicating a potential shift towards digital payments.

Fintech giant Revolut, known for its cryptocurrency services, is reportedly working on its own stablecoin. The move comes as the stablecoin market sees increasing interest and new entrants, with major players like PayPal and Ripple joining the scene. Revolut aims to expand its crypto offerings with a focus on safety and accessibility.

Paul Frambot, CEO of lending protocol Morpho, believes DeFi’s growth depends on fintech pioneers like Revolut and Robinhood. He sees these companies as key to attracting mainstream users and pushing DeFi beyond its current speculative state. Frambot highlights the potential for DeFi to revolutionize payment processing, offering an alternative to traditional systems.

The UK Treasury is engaging in discussions with Revolut, a leading fintech firm, to entice the company to list in London. This comes amidst Revolut’s consideration of a New York listing, highlighting the competitive landscape for attracting major companies.

Neobank platform Revolut has added the FLOKI token to its platform, allowing over 40 million users in more than 150 countries to trade FLOKI using major fiat currencies. This expansion is part of FLOKI’s strategy to increase its global footprint and enhance its accessibility. FLOKI has recently gained attention on social media and has partnered with Binance Pay and Carbon Browser to enhance its usability and integration in everyday commerce.