Revolut weighs offering mortgages in second quarter next year
Neobank said to have narrowed date for launching home loan business here
Neobank said to have narrowed date for launching home loan business here
Seen & Heard: Commercial property enforcement actions, IBRC’s Q City sale, further delay to auto-enrolment pensions scheme and accounts for payroll software company Immedis
Monzo is one of the UK’s highest-profile online banks, competing with Starling and Revolut
Company has more than 2.8 million customers in Ireland
Italian insurance giant Generali acquires business as part of a €2.3 billion deal
Bank data and online services can tell you when bills are due and if your account is at risk of being unable to meet direct debits
Irish firm increases carrying value of holding in neobank to £160m
Securing a UK licence was seen as key in the fintech’s pursuit of a €41bn market valuation and to compete against more established traditional banks
Finding the balance between security, investment and customer experience is something most lenders still need to work on
UK fintech defies broader downturn across the sector
Inside Business podcast with Ciarán Hancock
The best news, analysis and comment from The Irish Times business desk
Online banks are the cats who get the cream in Ireland and should be hit with a super levy in Budget 2025
Authorisation for UK banking licence for Revolut comes less than a month after the company published annual results showing a better-than-expected €398m profit last year
The company offers cold comfort, asserting the transactions ‘cannot be considered unauthorised’
Nonbank lender drastically reduced home loan business as interest rates soared
There are dark sides to the convenience of inter-family financial transactions in terms of data harvesting and ‘caring surveillance’
Early next year Revolut says it will start offering mortgages in Ireland, although significant questions remain as to how that will work
Inside Business podcast with Ciarán Hancock
Fintech’s huge customer base here makes it a true competitor to Irish lenders
Irish customer base at 2.7m at end of 2023 and on track to breach three million this year
The best news, analysis and comment from The Irish Times business desk
Company sets sights on increasing Irish customer base to above 3m in 2024
Target would be at least 20% than $33 billion valuation Revolut achieved in 2021 fundraising
European automakers such Volkswagen and BMW slipped around 1 per cent after European Commission said it would impose duties on imported Chinese electric vehicles
Looking outside the traditional banks will open the door to much more competitive interest on your savings
Nonbank lenders are targeting niche markets as banks still hold whip hand on the most competitive interest rates
More than €100m was swiped from consumers in Ireland in various frauds and scams last year, according to data from the BPFI
If travelling outside euro zone, consider getting your cash before you go or prefund a card and always watch out for the small print on things like ATM withdrawals
The number of Aer Lingus flights booked through Revolut Pay or with a Revolut card rose 22% in the first quarter of 2024
Move piles pressure on the domestic banks which offer much lower rates
Financial platform tries to steal march on mainstream lenders with higher yielding savings accounts
Credit unions top the annual RepTrak study for 2024, with only X found to have a worse reputation than RTÉ
Bankinter decision to target savings rates will be welcomed by Irish customers who largely have their money in ‘on demand’ accounts offering paltry returns
Move would mark the first new entrant here since 2005, and follows a slew of exits since the crash
Pricewatch: A reader’s donation of spare virtual change to the Red Cross led to her unwittingly giving, over a period of several months, a sum she could not afford
Pricewatch: A scammer claiming to be from the e-money app emptied a reader’s account, leaving it in the red, resulting in debt-collection threats from Revolut
Scammers are offering documents such as school enrolment letters, health insurance and attendance certs
As people move away from cash, they are using neobanks more and more, but there can be pitfalls
London-based digital bank raises $430mn from investors including CapitalG and HongShan
Tesla, Heineken and Momentus shares among top traded stocks in the Republic
Fintech added 10 million customers in 2022, according to long-delayed results
Mainstream banks’ payments systems have been among the most neglected areas for investment and development for decades
Revolut Plus, Premium and Metal customers will see monthly charges rise by €1-€2
Synch Payments was backed by AIB, Bank of Ireland and Permanent TSB
The best news, analysis and comment from The Irish Times business desk
Customers who don’t comply can find their accounts restricted
Revolut is accused of using ‘bully boy tactics and threats to avoid answering’ basic questions about its account security demands
It was a text message purporting to be from Revolut that got me in the end
Trading Pro also comes with a desktop trading terminal where active traders can set up custom workspaces
Irishman hired to lead Monzo’s second attempt at US expansion
Many of us chase credit cards offering optional extras such as airline miles in the hope of cheap flights and lounge access. Is it worth it?
Any Other Business: Lobbying register fines, Applegreen unplugs ESB EV chargers, Michael O’Leary and the Irish stock exchange, aviation high flyers, new data commissioners and art returns
John Burns: List provides transparency on who is lobbying whom and about what
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices