IT Brief UK - Technology news for CIOs & IT decision-makers

Revolut stories

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Diverging paths: Monzo quits, Revolut hunts US charter

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Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.
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Bybit EU picks Fourthline for EEA onboarding checks

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Bybit EU taps Fourthline to streamline EEA customer checks as MiCA raises the bar for crypto onboarding and compliance in Austria.
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Bybit EU deepens identity checks with Fourthline partnership

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Bybit EU bolsters Austrian onboarding controls with Fourthline as crypto firms face tighter MiCAR identity and anti-money laundering scrutiny across Europe.
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Gen Z most exposed to UK scam attempts, study finds

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Gen Z in the UK face the steepest surge in online scam attempts as AI-powered fraud grows more convincing and younger shoppers stay less wary.
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SumUp adds in-app investing for merchants with Upvest

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SumUp adds Upvest-powered in-app investing in Germany, letting small firms put EUR €1 into fractional money market funds via its app.
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Open banking becomes core UK fintech infrastructure

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Open banking has swiftly evolved from a regulatory fix into core UK infrastructure, transforming payments, lending and everyday money management.
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Exclusive: G+D's Sofiane Chouane on the future of European fintech

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European fintech is maturing as G+D's Sofiane Chouane charts a future shaped by stricter regulation, AI, and bank-startup partnerships.
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Tempo debuts Mainnet, protocol for machine payments

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Tempo launches Mainnet and unveils Machine Payments Protocol to automate stablecoin and card payments between AI agents and online services.
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Robinhood fund buys into Stripe, AI start-up ElevenLabs

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Robinhood Ventures Fund I adds Stripe and ElevenLabs stakes to give retail investors listed access to late-stage private tech firms.
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Revolut wins UK bank licence, plans major investment push

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Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.
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UK fintech delegation backs New Zealand open finance push

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UK fintech heavyweights visit New Zealand to help shape open finance rules, eyeing partnerships and a testbed for new banking technology.
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Revolut seeks US bank charter & appoints new US CEO

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Revolut seeks a US national bank charter and names Cetin Duransoy as US chief, sharpening its push into regulated American banking.
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Summize raises USD $50m to grow AI contract platform

Fri, 30th Jan 2026
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Summize raises USD $50m to accelerate its AI-powered contract platform, targeting rapid expansion across the UK and US legal markets.
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Upvest, Boerse Stuttgart partner on securitised trades

Thu, 29th Jan 2026
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Upvest links with Boerse Stuttgart to add securitised derivatives trading to its Investment API for banks and fintechs across Europe.
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UK finance jobs surge, led by tech & fintech roles

Thu, 29th Jan 2026
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UK finance jobs jumped 13% in 2025 as tech and fintech hiring surged, with London tightening its grip and banking still leading the field.
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Mastercard unveils BIN Sponsor Plus scheme for UK fintechs

Thu, 29th Jan 2026
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Mastercard launches BIN Sponsor Plus in the UK, accrediting card sponsors to give fintechs a vetted route into issuing and payments at scale.
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Fourthline named Celent 'Luminary' for AI KYC platform

Wed, 14th Jan 2026
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Fourthline wins Celent Luminary status plus top tech awards for its AI-driven KYC identity verification platform used by leading fintechs.
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Global fintech funding climbs 21% as UK takes second spot

Mon, 12th Jan 2026
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Global fintech funding jumped 21% to USD $53 billion in 2025, as the UK secured second place worldwide with USD $3.6 billion.
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Aspire secures key licences for global fintech rollout

Fri, 19th Dec 2025
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Singapore fintech Aspire wins key licences in Australia, Europe and the US, paving the way for a global rollout of its business finance platform.
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Revolut hits $75 billion valuation in employee share sale

Tue, 25th Nov 2025
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Revolut's employee share sale values the fintech at $75 billion, with revenue up 72% to $4 billion and expansion into Mexico, Colombia, and India.