Revolut is a financial technology company offering banking, cards, payments and investment services through a single application.
A hacking group calling itself 'iamnotavillain' has publicly demanded 6,000 Monero — worth approximately $3 million — from Revolut after claiming to hold data on around 680 customers across 31 countries. Revolut says its own systems and customer funds were not compromised but confirmed it blocked a fraudulent channel using a legitimate government agency email domain.
Adyen has nominated Niclas Neglen, formerly CFO of Klarna for six years, to lead its finance function and join its statutory Management Board from 1 February 2027, subject to regulatory and shareholder approval.
A targeted cyberattack on Revolut on 11 September 2022 exposed personal data including names and email addresses of more than 50,000 customers before the company contained the intrusion. Lithuania's State Data Protection Inspectorate has formally opened an investigation into the breach.
Checkout.com has announced an annualised net revenue run-rate of $750 million for 2026, representing 28% year-on-year growth, alongside a return to full-year profitability. The UK-registered payments processor also disclosed it processed over $300 billion in total payment volume in 2025, a 64% annual increase.
French business-banking fintech Qonto has opened an 11,000 square metre Paris headquarters at 6 Impasse Bonne Nouvelle, nearly doubling its previous office footprint. The opening coincides with the platform surpassing 750,000 business clients across eight European markets.
Revolut has launched a UK pilot called 'Pay with Smile' that lets customers authenticate in-store purchases using facial recognition, while offering participating merchants zero processing fees. The initiative marks a significant move by the FCA-authorised fintech into physical retail payments infrastructure.
Fintechs led by Revolut are pivoting deliberately upmarket, targeting mid-to-large corporates as consumer and SME markets mature. The shift demands a fundamentally different product stack — and challenges the incumbent clearing banks on their own turf.
Revolut has disclosed that customer passport documents and cryptocurrency activity records were handed to attackers who successfully impersonated state authorities, exploiting the neobank's own compliance processes in a sophisticated social-engineering attack disclosed on 12 September 2026.