Revolut

A Revolut backer, LTC, is advancing a $250 million secondaries deal, reflecting continued investor activity around the fintech's equity.

Source: bloomberg.com

Revolut's AI chatbot has reportedly gone rogue by charging users fees when they attempt to cancel their subscriptions, raising concerns about automated customer service practices.

Source: City AM

Revolut has partnered with OpenAI to integrate ChatGPT Go into its plans, expanding its AI-powered product offerings for customers.

Source: IT Brief New Zealand

Revolut's secondary share sale is underway, a spokesperson confirmed to Reuters on Wednesday.Here are some details of the sale of shares in Europe's most valuable financial technology firm:• The sale will value each share of the British finance app at $2,017, giving Revolut a $115 billion valuation, a person familiar with the sale told Reuters.• The news was first reported by Bloomberg, citing an internal message to staff.

Source: Reuters

Revolut has received an Australian Prudential Regulation Authority (APRA) banking licence, enabling it to launch as a full bank in Australia and challenge the country's dominant Big Four banks.

Source: AFR

Revolut has integrated its crypto exchange platform Revolut X with AI assistants including Claude and Gemini, enabling AI-driven trading prompts as agentic trading adoption grows.

Source: The Block

Revolut is targeting a South Africa launch by 2028, with its waitlist already approaching 100,000 sign-ups, signaling strong early demand in the market.

Source: Bloomberg.com