Remove Lithuania Remove Money Remove Service
article thumbnail

Revolut applies for UK banking license

TechCrunch

The Bank of Lithuania has granted a license and the company is taking advantage of European passporting rules to operate in other European countries. Revolut gets European banking license in Lithuania. You can send and receive money, hold money in your account and use your card for in-store and online purchases.

License 105
article thumbnail

France’s strategy for EU startup policies: Talent and money

TechCrunch

18 European countries have already signed a non-binding pledge saying that they plan to contribute to this EIF’s fund of funds — Austria, Bulgaria, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Romania, Slovenia, Spain and Sweden. More countries should join the list soon.

Policy 86
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Revolut confirms cyberattack exposed personal data of tens of thousands of users

TechCrunch

Revolut, which has a banking license in Lithuania, wouldn’t say exactly how many customers were affected. As a precaution, Revolut has also formed a dedicated team tasked with monitoring customer accounts to make sure that both money and data are safe. “We “Customers who have not received an email have not been impacted.”.

article thumbnail

Chronosphere nabs $43M Series B to expand cloud native monitoring tool

TechCrunch

The company also announced that their service was generally available starting today. The company has been spread out from the beginning, even before COVID, with offices in Seattle, New York and Lithuania, and that has helped in terms of having a broader base to recruit from. million Series B today.

Tools 104
article thumbnail

SumUp raises $895M in debt to double down on its B2C payments business

TechCrunch

SumUp , a London-based startup that helps businesses power revenues through card payments — by way of physical readers, online payments, invoices and other services — is itself powering up in a big way. and basing their service around small card payment dongles that attached to phones or tablets. in an all-cash deal.

Business 120
article thumbnail

Richard Branson backs Lightyear as UK stock trading platform launches into Europe

TechCrunch

Lightyear is one of several burgeoning stock trading companies to emerge on the scene, promising an easy inroad for the general public to invest their money in some of the world’s biggest companies, from Apple and Alibaba, to Spotify and Tesla. Trading stocks. And less than a year after first launching to early U.K.

Europe 86
article thumbnail

Revolut reports first full year of profit

TechCrunch

Revolut’s core product is an account to send, hold and receive money combined with a payment card. its home country), the company now has a full banking license in Lithuania. While customers can create an account for free, users have to pay some fees for some money management services. Revolut charges at least 0.5%

Profit 93