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Tag: Storonsky

Revolut Warns London’s Fintech Hub Status at Risk

The new UK boss of Revolut Ltd., Francesca Carlesi, has warned that London's position as a global fintech hub is at risk due to increased competition...

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Revolut: The Fintech Revolution That’s Changing the Game

One name has been making waves and transforming the way we think about banking and payments in the fast-expanding financial services market - Revolut. Revolut was...

Revolut Pulls the Plug on Crypto in US, Citing Regulatory Environment

Revolut, a London-based neobank, plans to wrap up its crypto trading offering to users in the United States by October 3, CoinDesk reported today (Friday). Users...

The UK has an opportunity to lead the world on BNPL regulation. Does it risk falling behind?

At this year’s edition of London Tech Week held last month, advocates of the city’s tech scene once again convened to showcase its benefits...

Revolut Expands Financial Services to New Zealand

Revolut has launched financial services for users in New Zealand, marking its first entry into the market. The London-based fintech firm said that users in the region...

UK Tech Lobby Chief Backs Regulators against Microsoft, Revolut Spats

Following the recent criticisms of the executives of Microsoft and Revolut against the UK regulators, Russ Shaw, the Chief of Tech London Advocates, hit...

Schroders Trims Revolut’s Valuation by 46% Amid Fintech Sector Slowdown

Revolut, a UK-based fintech firm, faces a 46 percent reduction in the value of its stake held by Schroders Capital Global Innovation Trust, highlighting...

How global Fintech companies are reacting to Russia’s invasion of Ukraine

  As nations worldwide continue to sanction Russia in condemnation of their invasion of Ukraine, companies have now joined the movement to exclude the Russian government — and sometimes Russians— from their list of clients.  Some of these companies have decided to ban them as a recommendation to the international sanction provisions from The Office […]

The post How global Fintech companies are reacting to Russia’s invasion of Ukraine appeared first on Fintech News.

Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia

paypal-joins-other-payment-and-remittance-providers-suspending-services-in-russia

A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response to Kyiv’s call for help. Payments Giant Paypal Halts Services in Russia, Maintains…

The post Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia appeared first on Bitcoin News Miner.

Revolut CEO Storonsky condemns war and pledges support for Ukraine

Revolut’s Russian CEO Nikolay Storonsky has published a letter condemning the war in Ukraine.

The post Revolut CEO Storonsky condemns war and pledges support for Ukraine appeared first on The Block.

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