News Heat Trend
Project Overview
Revolut is building a convenient, seamless, borderless financial app that simplifies finance-related operations and removes the barriers that prevent users from achieving their financial goals.
Revolut Secures French Banking License, Its Second Full EU Banking License
Odaily News: Fintech and crypto-friendly bank Revolut has announced that it has obtained a full banking license in France, marking its second full EU banking license after Lithuania. The license was granted following a joint review by the French Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank, and was approved by the ECB's Governing Council. With this license, Revolut Bank S.A. can now offer a wider range of banking services in France, including loans, mortgages, and regulated savings products.France is Revolut's core market in Western Europe. Previously, the company conducted payment and financial services there under its Lithuanian license. Moving forward, it will gradually migrate its French operations to a local French entity and further expand into Germany, Ireland, Italy, Portugal, and Spain. Revolut stated that it has invested over EUR 1 billion in Western Europe in recent years, creating more than 600 new jobs, and plans to establish its Western European headquarters in Paris by 2027.The license comes with regulatory conditions. The European Central Bank may impose product restrictions on Revolut's new French operations. Drawing on the regulatory requirements previously applied to its Lithuanian entity, the rollout of loan and savings products could be subject to pacing constraints. This year, Revolut has continued to achieve regulatory breakthroughs globally, securing a UK banking license in March and an Australian banking license in July. The company's business now spans 40 markets, and its valuation stood at USD 115 billion following secondary stock trading in 2026. (Techfundingnews)
Index Ventures 完成 20 亿美元新一轮募资，押注 AI 驱动下一代科技公司
据 Sifted 报道，欧洲知名风险投资机构 Index Ventures 于近日宣布完成 20 亿美元新一轮募资，旗下可投资资产总规模由此增至 35 亿美元。本轮募资由三部分构成：4 亿美元种子基金、9 亿美元早期风险基金，以及向现有成长期基金追加的 7 亿美元（该基金规模由 15 亿美元扩大至 22 亿美元）。 Index Ventures 表示，新资金将持续支持创始人"从首轮融资到上市乃至更远"，覆盖欧洲、以色列及美国市场。此次募资背景下，AI 是其核心押注方向，该机构已相继投资 Mistral、Cohere 及前 DeepMind 研究员 David Silver 创立的 Ineffable Intelligence。此前，Index 投资组合中的 Wiz 以320 亿美元被谷歌收购、Figma 完成 IPO、Revolut 完成二级市场股份出售（估值达 1150 亿美元），均为本轮募资提供了有力背书。
Revolut valued at $115 billion, becomes Europe's most valuable private company
Odaily Odaily News Fintech company Revolut has reached a valuation of $115 billion in a secondary stock sale for employees, making it the most valuable private company in Europe. Revolut disclosed a pre-tax profit of $2.3 billion and revenue of $6 billion for 2025. Its main app allows users to trade over 200 crypto tokens, transfer assets to external wallets, and stake holdings. The company also operates a standalone crypto exchange, Revolut X. Revolut recently secured a full UK banking license and is seeking a US national banking license. The company's IPO valuation target is $200 billion.
Nvidia's Investment Footprint Expands: Reportedly Injects Nearly $200 Million into Digital Bank Revolut
NVentures, the venture capital arm of Nvidia, may have invested approximately $196 million in the UK-based fintech company Revolut.A confirmation statement filed with Companies House in the UK reveals that a shareholder entity, suspected to be NVentures LLC, holds approximately 141,834 shares in Revolut. Based on the issuance price disclosed in Revolut's funding round, these shares are valued at around $195.9 million.Previously, neither Nvidia nor Revolut had publicly disclosed the specific investment amount or shareholding scale of NVentures in the company. This document leak indicates that Nvidia is further expanding its presence in the fintech sector through strategic investments.Founded in 2015, Revolut is one of Europe's leading digital banking platforms, covering areas such as payments, foreign exchange, investments, and crypto asset services. In recent years, Nvidia has been consistently investing in AI, fintech, and next-generation internet infrastructure companies through NVentures, and this investment in Revolut is also seen as part of its strategy to expand its AI and digital finance ecosystem. (TechFundingNews)
On-chain perpetual futures exchange Extended completes $12.5 million strategic funding round, led by eToro
on-chain perpetual futures exchange Extended has completed a $12.5 million strategic funding round, led by eToro, with participation from Jump Crypto.The project primarily operates an on-chain perpetual futures exchange built on StarkWare's StarkEx scaling engine. Founded by former Revolut employees, Extended opened for trading at the end of 2024. (financefeeds)
On-chain perpetual futures exchange Extended completes $12.5 million funding round, led by eToro
According to The Block, trading platform eToro announced on July 2 local time that it led a $12.5 million strategic financing round for the on-chain perpetual futures exchange Extended, with Jump Crypto also participating in this investment. This financing is closely tied to a strategic partnership with Zengo, eToro's self-custody wallet. Both parties will jointly explore the integration of traditional financial assets and decentralized trading environments, expanding on-chain access channels to global financial markets. Extended was founded by former Revolut employees, launched trading at the end of 2024, and is built on StarkWare's on-chain scaling engine StarkEx.
Revolut Secures French Banking License, Its Second Full EU Banking License
Odaily News: Fintech and crypto-friendly bank Revolut has announced that it has obtained a full banking license in France, marking its second full EU banking license after Lithuania. The license was granted following a joint review by the French Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank, and was approved by the ECB's Governing Council. With this license, Revolut Bank S.A. can now offer a wider range of banking services in France, including loans, mortgages, and regulated savings products.France is Revolut's core market in Western Europe. Previously, the company conducted payment and financial services there under its Lithuanian license. Moving forward, it will gradually migrate its French operations to a local French entity and further expand into Germany, Ireland, Italy, Portugal, and Spain. Revolut stated that it has invested over EUR 1 billion in Western Europe in recent years, creating more than 600 new jobs, and plans to establish its Western European headquarters in Paris by 2027.The license comes with regulatory conditions. The European Central Bank may impose product restrictions on Revolut's new French operations. Drawing on the regulatory requirements previously applied to its Lithuanian entity, the rollout of loan and savings products could be subject to pacing constraints. This year, Revolut has continued to achieve regulatory breakthroughs globally, securing a UK banking license in March and an Australian banking license in July. The company's business now spans 40 markets, and its valuation stood at USD 115 billion following secondary stock trading in 2026. (Techfundingnews)
Revolut valued at $115 billion, becomes Europe's most valuable private company
Odaily Odaily News Fintech company Revolut has reached a valuation of $115 billion in a secondary stock sale for employees, making it the most valuable private company in Europe. Revolut disclosed a pre-tax profit of $2.3 billion and revenue of $6 billion for 2025. Its main app allows users to trade over 200 crypto tokens, transfer assets to external wallets, and stake holdings. The company also operates a standalone crypto exchange, Revolut X. Revolut recently secured a full UK banking license and is seeking a US national banking license. The company's IPO valuation target is $200 billion.
Revolut Receives In-Principle Approval from Dubai’s VARA to Offer Crypto Services in the UAE
British fintech company Revolut announced that it has received in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA) to conduct crypto asset-related business in the UAE. The scope of Revolut’s approval includes brokerage and dealing, asset management and investment, as well as cryptocurrency trading services. Revolut stated that in the future, users in the UAE will be able to buy, sell, and hold digital assets through the Revolut App and the Revolut X trading platform. (Cointelegraph)
Revolut Receives UAE Approval to Provide Crypto Services
Revolut has received Approval in Principle from the UAE Virtual Assets Regulatory Authority to provide crypto services such as brokerage, investment, and exchange locally.
Revolut 获迪拜 VARA 原则性批准，拟在阿联酋推出加密货币服务
According to The National, UK fintech company Revolut has received in-principle approval from the Dubai Virtual Assets Regulatory Authority to provide cryptocurrency-related services in the UAE, with business scope including brokerage and proprietary trading, asset management and investment, and exchange operations. Revolut stated that this approval lays the foundation for launching virtual asset services under a regulated framework.
European Central Bank Launches Digital Euro Pilot, 36 Institutions Including Deutsche Bank and Revolut Selected
the European Central Bank (ECB) has selected 36 banks and payment companies to participate in the digital euro pilot project, preparing for the potential issuance of a Central Bank Digital Currency (CBDC) possibly in 2029. Selected institutions include Deutsche Bank, Revolut, Adyen, SumUp, UniCredit, and Worldline. The list was selected from 50 applicant institutions.The digital euro pilot program is scheduled to launch in the second half of next year, lasting for 12 months. It will test the Beta version of the digital euro across various payment scenarios, including: online person-to-person transfers, offline payments, in-store payments, and e-commerce payments. The pilot scope will cover the ECB and the central banks of 19 eurozone countries. ECB employees and staff from national central banks will participate as users, while some restaurants, cafes, and online merchants will support digital euro payments.Although the digital euro currently lacks legal tender status, its design will closely align with the relevant legislative framework being developed by the European Union. The ECB stated that the final decision on whether to issue a digital euro will await the passage of relevant regulations and a decision by the ECB's Governing Council.One of the key reasons for the ECB's push for a digital euro is concern that the development of private dollar-pegged stablecoins could impact Europe's monetary sovereignty. In recent years, dollar-backed stablecoins like Tether's USDT and Circle's USDC have grown rapidly in global payment volumes, drawing the attention of European regulators to financial autonomy.However, the CBDC project still faces privacy controversies. Some privacy advocacy groups worry that a central bank digital currency could lead to transaction tracking or even pose a risk of restricted account access. In contrast, the United States has recently passed laws restricting the Federal Reserve System from issuing a digital dollar before the end of 2030.Currently, Europe's digital euro project is entering its practical testing phase, while EU legislative bodies are advancing the relevant legal framework. If the regulatory process proceeds smoothly, the digital euro could potentially be officially launched as early as 2029. (CoinDesk)
Revolut Secures French Banking License, Its Second Full EU Banking License
Odaily News: Fintech and crypto-friendly bank Revolut has announced that it has obtained a full banking license in France, marking its second full EU banking license after Lithuania. The license was granted following a joint review by the French Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank, and was approved by the ECB's Governing Council. With this license, Revolut Bank S.A. can now offer a wider range of banking services in France, including loans, mortgages, and regulated savings products.France is Revolut's core market in Western Europe. Previously, the company conducted payment and financial services there under its Lithuanian license. Moving forward, it will gradually migrate its French operations to a local French entity and further expand into Germany, Ireland, Italy, Portugal, and Spain. Revolut stated that it has invested over EUR 1 billion in Western Europe in recent years, creating more than 600 new jobs, and plans to establish its Western European headquarters in Paris by 2027.The license comes with regulatory conditions. The European Central Bank may impose product restrictions on Revolut's new French operations. Drawing on the regulatory requirements previously applied to its Lithuanian entity, the rollout of loan and savings products could be subject to pacing constraints. This year, Revolut has continued to achieve regulatory breakthroughs globally, securing a UK banking license in March and an Australian banking license in July. The company's business now spans 40 markets, and its valuation stood at USD 115 billion following secondary stock trading in 2026. (Techfundingnews)
Ground COO: DeFi is Losing Its Way, Yield Wars Overlook Users' Real Needs
Odaily News, Ground COO Stephanie Vaughan stated that the current DeFi industry is陷入 a "yield war," but market participants are more focused on securing distribution access to fintech platforms, overlooking the real problems users need to solve.She pointed out that Robinhood, Coinbase, Revolut, and Kraken are competing for user funds, while protocols such as Aave, Morpho, and Ethena are competing to become the infrastructure for lending strategies. Vault service providers and risk management institutions are also competing around fintech platforms. However, this model does not establish DeFi's own user relationships—it merely fights for the opportunity to be selected by platforms.Stephanie believes that the current market is signaling that DeFi products have near-zero pricing power. Much of the yield comes from subsidies provided by platforms, Vault service providers, strategy providers, or underlying protocols, rather than genuine demand created by the products themselves. This is more like paying "shelf fees" than achieving true distribution capabilities.She further noted that some multi-strategy Vaults suffer from issues such as idle capital, deployment delays, and slow governance processes, resulting in a gap between the actual returns users receive and the advertised APY. In contrast, traditional financial products like money market funds can put capital to work immediately.Stephanie stated that with declining L2 costs and maturing cross-chain infrastructure, the chain itself is no longer a core competitive advantage. In the future, DeFi should build products closer to personal execution environments, driven by user needs. She believes the competitive focus should shift from shared Vaults to infrastructure like MPC wallets, allowing users to retain control over strategies while platforms handle execution and streamline processes.
Index Ventures 完成 20 亿美元新一轮募资，押注 AI 驱动下一代科技公司
据 Sifted 报道，欧洲知名风险投资机构 Index Ventures 于近日宣布完成 20 亿美元新一轮募资，旗下可投资资产总规模由此增至 35 亿美元。本轮募资由三部分构成：4 亿美元种子基金、9 亿美元早期风险基金，以及向现有成长期基金追加的 7 亿美元（该基金规模由 15 亿美元扩大至 22 亿美元）。 Index Ventures 表示，新资金将持续支持创始人"从首轮融资到上市乃至更远"，覆盖欧洲、以色列及美国市场。此次募资背景下，AI 是其核心押注方向，该机构已相继投资 Mistral、Cohere 及前 DeepMind 研究员 David Silver 创立的 Ineffable Intelligence。此前，Index 投资组合中的 Wiz 以320 亿美元被谷歌收购、Figma 完成 IPO、Revolut 完成二级市场股份出售（估值达 1150 亿美元），均为本轮募资提供了有力背书。
Revolut valued at $115 billion, becomes Europe's most valuable private company
Odaily Odaily News Fintech company Revolut has reached a valuation of $115 billion in a secondary stock sale for employees, making it the most valuable private company in Europe. Revolut disclosed a pre-tax profit of $2.3 billion and revenue of $6 billion for 2025. Its main app allows users to trade over 200 crypto tokens, transfer assets to external wallets, and stake holdings. The company also operates a standalone crypto exchange, Revolut X. Revolut recently secured a full UK banking license and is seeking a US national banking license. The company's IPO valuation target is $200 billion.
European Central Bank Launches Digital Euro Pilot, 36 Institutions Including Deutsche Bank and Revolut Selected
the European Central Bank (ECB) has selected 36 banks and payment companies to participate in the digital euro pilot project, preparing for the potential issuance of a Central Bank Digital Currency (CBDC) possibly in 2029. Selected institutions include Deutsche Bank, Revolut, Adyen, SumUp, UniCredit, and Worldline. The list was selected from 50 applicant institutions.The digital euro pilot program is scheduled to launch in the second half of next year, lasting for 12 months. It will test the Beta version of the digital euro across various payment scenarios, including: online person-to-person transfers, offline payments, in-store payments, and e-commerce payments. The pilot scope will cover the ECB and the central banks of 19 eurozone countries. ECB employees and staff from national central banks will participate as users, while some restaurants, cafes, and online merchants will support digital euro payments.Although the digital euro currently lacks legal tender status, its design will closely align with the relevant legislative framework being developed by the European Union. The ECB stated that the final decision on whether to issue a digital euro will await the passage of relevant regulations and a decision by the ECB's Governing Council.One of the key reasons for the ECB's push for a digital euro is concern that the development of private dollar-pegged stablecoins could impact Europe's monetary sovereignty. In recent years, dollar-backed stablecoins like Tether's USDT and Circle's USDC have grown rapidly in global payment volumes, drawing the attention of European regulators to financial autonomy.However, the CBDC project still faces privacy controversies. Some privacy advocacy groups worry that a central bank digital currency could lead to transaction tracking or even pose a risk of restricted account access. In contrast, the United States has recently passed laws restricting the Federal Reserve System from issuing a digital dollar before the end of 2030.Currently, Europe's digital euro project is entering its practical testing phase, while EU legislative bodies are advancing the relevant legal framework. If the regulatory process proceeds smoothly, the digital euro could potentially be officially launched as early as 2029. (CoinDesk)
Revolut: USDT Delisting Limited to European Economic Area and Switzerland
According to Cointelegraph, crypto-friendly digital banking platform Revolut announced that it will cease support for USDT in the European Economic Area (EEA) and Swiss markets by August 31, 2026, with other markets remaining unaffected. Revolut stated that this move stems from regular reviews of crypto services and risk considerations under the EU MiCA regulatory framework. Currently, Revolut has already removed USDT trading pairs for EEA users from its Revolut X trading platform. It is worth noting that Switzerland is not a member of the EU or EEA and is not directly bound by MiCA, yet Revolut has not provided an explanation for including Switzerland in the affected markets. This delisting decision aligns with the overall trend of crypto platforms in the EU—since Tether chose not to apply for authorization under the MiCA framework, multiple platforms have successively delisted USDT.
Related news
Revolut Secures French Banking License, Its Second Full EU Banking License
Odaily News: Fintech and crypto-friendly bank Revolut has announced that it has obtained a full banking license in France, marking its second full EU banking license after Lithuania. The license was granted following a joint review by the French Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank, and was approved by the ECB's Governing Council. With this license, Revolut Bank S.A. can now offer a wider range of banking services in France, including loans, mortgages, and regulated savings products.France is Revolut's core market in Western Europe. Previously, the company conducted payment and financial services there under its Lithuanian license. Moving forward, it will gradually migrate its French operations to a local French entity and further expand into Germany, Ireland, Italy, Portugal, and Spain. Revolut stated that it has invested over EUR 1 billion in Western Europe in recent years, creating more than 600 new jobs, and plans to establish its Western European headquarters in Paris by 2027.The license comes with regulatory conditions. The European Central Bank may impose product restrictions on Revolut's new French operations. Drawing on the regulatory requirements previously applied to its Lithuanian entity, the rollout of loan and savings products could be subject to pacing constraints. This year, Revolut has continued to achieve regulatory breakthroughs globally, securing a UK banking license in March and an Australian banking license in July. The company's business now spans 40 markets, and its valuation stood at USD 115 billion following secondary stock trading in 2026. (Techfundingnews)
Ground COO: DeFi is Losing Its Way, Yield Wars Overlook Users' Real Needs
Odaily News, Ground COO Stephanie Vaughan stated that the current DeFi industry is陷入 a "yield war," but market participants are more focused on securing distribution access to fintech platforms, overlooking the real problems users need to solve.She pointed out that Robinhood, Coinbase, Revolut, and Kraken are competing for user funds, while protocols such as Aave, Morpho, and Ethena are competing to become the infrastructure for lending strategies. Vault service providers and risk management institutions are also competing around fintech platforms. However, this model does not establish DeFi's own user relationships—it merely fights for the opportunity to be selected by platforms.Stephanie believes that the current market is signaling that DeFi products have near-zero pricing power. Much of the yield comes from subsidies provided by platforms, Vault service providers, strategy providers, or underlying protocols, rather than genuine demand created by the products themselves. This is more like paying "shelf fees" than achieving true distribution capabilities.She further noted that some multi-strategy Vaults suffer from issues such as idle capital, deployment delays, and slow governance processes, resulting in a gap between the actual returns users receive and the advertised APY. In contrast, traditional financial products like money market funds can put capital to work immediately.Stephanie stated that with declining L2 costs and maturing cross-chain infrastructure, the chain itself is no longer a core competitive advantage. In the future, DeFi should build products closer to personal execution environments, driven by user needs. She believes the competitive focus should shift from shared Vaults to infrastructure like MPC wallets, allowing users to retain control over strategies while platforms handle execution and streamline processes.
Index Ventures 完成 20 亿美元新一轮募资，押注 AI 驱动下一代科技公司
据 Sifted 报道，欧洲知名风险投资机构 Index Ventures 于近日宣布完成 20 亿美元新一轮募资，旗下可投资资产总规模由此增至 35 亿美元。本轮募资由三部分构成：4 亿美元种子基金、9 亿美元早期风险基金，以及向现有成长期基金追加的 7 亿美元（该基金规模由 15 亿美元扩大至 22 亿美元）。 Index Ventures 表示，新资金将持续支持创始人"从首轮融资到上市乃至更远"，覆盖欧洲、以色列及美国市场。此次募资背景下，AI 是其核心押注方向，该机构已相继投资 Mistral、Cohere 及前 DeepMind 研究员 David Silver 创立的 Ineffable Intelligence。此前，Index 投资组合中的 Wiz 以320 亿美元被谷歌收购、Figma 完成 IPO、Revolut 完成二级市场股份出售（估值达 1150 亿美元），均为本轮募资提供了有力背书。
Revolut valued at $115 billion, becomes Europe's most valuable private company
Odaily Odaily News Fintech company Revolut has reached a valuation of $115 billion in a secondary stock sale for employees, making it the most valuable private company in Europe. Revolut disclosed a pre-tax profit of $2.3 billion and revenue of $6 billion for 2025. Its main app allows users to trade over 200 crypto tokens, transfer assets to external wallets, and stake holdings. The company also operates a standalone crypto exchange, Revolut X. Revolut recently secured a full UK banking license and is seeking a US national banking license. The company's IPO valuation target is $200 billion.
Nvidia's Investment Footprint Expands: Reportedly Injects Nearly $200 Million into Digital Bank Revolut
NVentures, the venture capital arm of Nvidia, may have invested approximately $196 million in the UK-based fintech company Revolut.A confirmation statement filed with Companies House in the UK reveals that a shareholder entity, suspected to be NVentures LLC, holds approximately 141,834 shares in Revolut. Based on the issuance price disclosed in Revolut's funding round, these shares are valued at around $195.9 million.Previously, neither Nvidia nor Revolut had publicly disclosed the specific investment amount or shareholding scale of NVentures in the company. This document leak indicates that Nvidia is further expanding its presence in the fintech sector through strategic investments.Founded in 2015, Revolut is one of Europe's leading digital banking platforms, covering areas such as payments, foreign exchange, investments, and crypto asset services. In recent years, Nvidia has been consistently investing in AI, fintech, and next-generation internet infrastructure companies through NVentures, and this investment in Revolut is also seen as part of its strategy to expand its AI and digital finance ecosystem. (TechFundingNews)
Revolut Receives In-Principle Approval from Dubai’s VARA to Offer Crypto Services in the UAE
British fintech company Revolut announced that it has received in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA) to conduct crypto asset-related business in the UAE. The scope of Revolut’s approval includes brokerage and dealing, asset management and investment, as well as cryptocurrency trading services. Revolut stated that in the future, users in the UAE will be able to buy, sell, and hold digital assets through the Revolut App and the Revolut X trading platform. (Cointelegraph)