The Lithuanian banking regulator has fined Revolut €3.5 million due to regulatory failings in its money laundering controls. This maximum penalty was imposed following a review of the […]
Revolut Faces €3.5 Million Fine in Lithuania for Money Laundering Violations
The Lithuanian financial regulator has fined British fintech giant Revolut €3.5 million as a result of significant failures in its money laundering controls. This penalty, the maximum allowed […]
Revolut Valuation Soars Following Schroders Investment Boost
Digital bank Revolut has seen a significant valuation increase following an investment from Schroders Capital Global Innovation Trust. The announcement, made in London on October 16th, 2023, marks […]