Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Sign in
Reading
Revolut on the Lookout for Acquisition Targets
ShareTweet
Home
Fintech
Revolut on the Lookout for Acquisition Targets

Revolut on the Lookout for Acquisition Targets

Emily Donato·
FintechNews RoundupUSA
·May. 5, 2020·1 min read

Revolut is keeping an eye out for potential acquisitions with the help of their recent $500 million round; with many technology companies being hit by the current pandemic they believe that they can benefit with their stockpile of cash; according to CEO Nikolay Storonsky they are looking to build roots as a card for travelers where customers might eventually be able to buy flights or rent cars through the Revolut mobile app; Storonsky stated, “A lot of travel aggregators are in trouble at the moment — we could probably purchase one and sell flight tickets at cost and be 10 to 15 per cent cheaper than everyone else.” In order to focus more on potential acquisitions, Revolut recently made Don Hoang, a former executive at Uber in charge of dealmaking; the FT shares more on the recent impacts to Revolut’s business. Financial Times

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts
Advertisement
Tags
acquisitioncoronavirusCOVID-19Revolut
Related

Neobank Era Ushers in New Wave of Competition in Mexico

UK neobank Revolut gets Mexico banking license, eyes remittances

What your B2B customer really wants

Siddhartha Jajodia, U.S. CEO and Chief Banking Officer of Revolut on creating a global digital bank

Popular posts

Today:

  • TechNexus The AI IssueSteal Like an AI? Defining Fair Use & Creativity Jun. 25, 2025
  • Fintech Nexus is backWe’re back! Feb. 27, 2025
  • Rain cofounders Farooq Malik and Charles Naut(1)On the back of the latest investment, Rain is harnessing stablecoins for credit infrastructure Mar. 27, 2025
  • ai-work-nexusWalkMe Vets Declare War on SaaS Bloat with $10M Seed for Autonomous Agents Jun. 10, 2025
  • Email-AI-pieceAvatar CEOs Have Entered the Meeting Jun. 18, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025

This month:

  • WP UmbrellaTo Bank or Not to Bank: The ILC Question Jun. 5, 2025
  • DanMurphy-FN-headshotCFPB’s Next Open Banking Battle Begins Jun. 3, 2025
  • GreenliteAI-Alex-WillGreenlite AI is on a mission to revolutionize banking compliance Jun. 10, 2025
  • Current stablecoin adoptionWhy Banks (and Fintechs) Need to Embrace Stablecoins Today Jun. 12, 2025
  • ai-work-nexusWalkMe Vets Declare War on SaaS Bloat with $10M Seed for Autonomous Agents Jun. 10, 2025
  • Ben Hemani, Founding Partner at Bison VenturesThe Risk and Reward of Betting Big on AI’s Next Frontier Jun. 4, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • Ironclad State of AI ReportThe Economics of AI Trust Jun. 11, 2025
  • VancouverWeb Summit Dispatch: Debate Rages Over AI Applications’ Human Impact  May. 28, 2025
  • Fintech Nexus – Newsletter Creative (2)Building the Bot Workforce May. 28, 2025

Advertisement
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results