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With the public terrified of the COVID-19 (coronavirus) pandemic, it leaves a space for fake news to fester. Rumours surfaced earlier today on Twitter with people questioning whether UK challenger bank Revolut was close to going bust.
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.
As several European challenger banks move to limit the fallout from the coronavirus, Revolut’s CEO and founder has issued a statement.
While Revolut is still waiting to receive its US banking licence, the challenger bank has hired a 40-year industry veteran to lead its expansion stateside.
Three of the UK’s leading neobanks are stepping up to protect their staff and their customers from the spread of the coronavirus.
UK challenger bank Revolut is the latest company to launch a service for teaching kids how to manage their money.
Challenger bank Revolut is reportedly about to lose its CFO David MacLean just five months after he joined the UK FinTech.