.RevolutApp, which has been offering crypto investments across Europe for several years, is now open for business in Brazil. By JamieCrawleyCD.
Crypto users in Brazil number some 10 million, according to Revolut's announcement.
"Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently," CEO Nik Stronsky said."We will start with the global account and crypto investments, but this is just the beginning." Revolut has around 29 million customers worldwide and is looking to carve out a share in Latin America's most populous country, where digital bank Nubank is entrenches as the market leader with around 70 million customers. Nubank introduced crypto trading last June,
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Republic Bank seized, sold to JPMorgan ChaseRegulators have seized troubled First Republic Bank and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. First Republic on Monday becomes the third midsize bank to fail in two months. It is the second-biggest bank failure in U.S. history, behind only Washington Mutual, which collapsed at the height of the 2008 financial crisis. First Republic suffered a modern day bank run after the collapse of Silicon Valley Bank and Signature Bank, a run fueled by the speed of social media and digital withdrawals that an be made in seconds from a phone.
Read more »
FDIC accepts JPMorgan Chase Bank's purchase of First Republic BankSan Francisco-based First Republic is the third midsize bank to fail in two months.
Read more »
First Republic Bank Is Seized, Sold to JPMorgan in Second-Largest U.S. Bank FailureThe deal will see JPMorgan take on all of First Republic’s $103.9 billion in deposits and buy most of its $229.1 billion in assets. It heads off a chaotic collapse that threatened to reignite the recent banking crisis.
Read more »
Regulators Seize First Republic Bank, Sell to JPMorgan Chase in Third Major Bank Failure of 2023NEW: Regulators seize troubled First Republic Bank and sell all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S.
Read more »
FDIC accepts JPMorgan Chase Bank's purchase of First Republic BankSan Francisco-based First Republic is the third midsize bank to fail in two months.
Read more »
FDIC accepts JPMorgan Chase Bank's purchase of First Republic BankSan Francisco-based First Republic is the third midsize bank to fail in two months.
Read more »