Revolut Expands Further Into Crypto, Plans To Start Own Crypto Exchange

Online banking giant Revolut is stepping up its involvement in crypto. The UK fintech company has a market cap of $33 billion and plans to build its own crypto exchange. According to a LinkedIn job post, Revolut is hiring a technology lead for a team that will "architect and build Revolut Crypto exchange." The company is looking for an individual with 7+ years in the tech sector. Also, the ideal candidate should boast experience in leading and supervising engineers. Furthermore,…

Revolut is Warming Up to Unveil New Crypto Token

Recent reports show London-based financial firm Revolut is stretching its hands across the sea. They are planning to introduce its crypto token to the world. According to a source relative to the matter, Revolut will soon launch a crypto token. Interestingly, the source said that the timing of Revolut comes after the approval from U.K regulators. Nonetheless, the information does not come directly from Revolut but two people with knowledge of the plans. A Glimpse of the Crypto Token One…

Financial Firm Revolut is Paying WeWork Office Rent in Bitcoin

The fintech firm is the first WeWork member company to pay for its workspace in cryptocurrency. The financial technology firm is the largest of its kind in the UK. Also, the company gained $800 million in funding back in mid-2021. The new office will house about 300 employees, making it the organization’s most prominent office space. The cryptocurrency-infused financial tech company is preparing for expansion in the US. It was for this reason that it acquired the new area. Revolut Pays for Workspace in…

Visa, The Global Payment Giant, Purchases Plaid

On the 13th of January 2020, a press release announced the acquisition of Plaid by Visa. To acquire the technology company, the payment giant paid $5.3 billion. Some time ago, Plaid came up with a network allowing easy connection of users’ financial accounts to the apps they utilize in managing their finances. Plaid’s products allow users to share financial information with numerous apps and services. Coinbase also uses plaid’s services to get the banking information of customers. The crypto wallet…