Revolut News

Lapsus$ Hacker Targeted Uber, Revolut, Grand Theft Auto Maker, London Jury Finds

A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto. Arion Kurtaj, 18, embarked on a …

Fintech and On-Demand Insurer N26 Eyes Value of About $10B in New Fundraising

N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to people familiar with the matter. The firm, backed by billionaires Peter Thiel …

UK Fintech Startup Revolut Gets EU Banking License in Lithuania

Revolut, the London-based financial technology startup, has obtained a European banking license as Brexit looms, with plans to launch checking and savings accounts as well as retail and business lending. The Bank of Lithuania, the eastern European country’s central bank, …

UK’s Thomas Cook Partners with Fintech Firm to Offer Pay-Per-Day Travel Cover

British travel company Thomas Cook has partnered with fintech firm Revolut to launch a “pay-per-day” travel insurance service which automatically provides users with medical cover by tracking their location through their mobile phones. Revolut, the digital bank start-up, said it …