Revolut Launches Banking Services in Spain Featuring Deposit Insurance

Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000 customers in Spain, expects to grow its userbase with … Read more

German Online Bank N26 to Launch Cryptocurrency Trading Business This Year

N26, a German online neobank, has announced it will get into the cryptocurrency trading business this year. The announcement was made by Max Tayenthal, co-founder and a CEO of the company, who pondered whether focusing on cryptocurrency instead of going global may have been a better idea. The company closed operations in the U.K. and … Read more

Bitcoin ATM Card Goes Metal, Offering Cryptocurrency Cash Back

Revolut Metal is the latest offering from the United Kingdom-based digital bank, Revolut. It claims to return cryptocurrency cash back on purchases, higher withdrawal limits, and even a personal concierge service. Offered initially to its 10,000 strong premium clients, Revolut intends to open the card to everyone in order to meet demand. Also read: GPU … Read more