Core Insights - UK-based financial technology company Revolut is planning to establish a private markets team to enhance its wealth management services [1] - The private markets sector is growing, with major global exchanges looking into new products linked to the $16 trillion privately-held assets market [2] Group 1: Company Developments - Revolut is seeking asset managers, junior investment bankers, or private capital advisers to create private market fund investment options for its users [1] - The company currently serves nearly 70 million users, providing access to US and European equity trading through its app [3] - In November of the previous year, Revolut expanded its offerings to include British blue-chip stocks after acquiring a UK trading license [3] Group 2: Wealth Management Services - The introduction of a Robo-Advisor service in Singapore earlier this year aims to facilitate automated investing, simplifying the investment process for customers [3] - The Robo-Advisor allows users to invest in a diversified portfolio without extensive research or active management, catering to those with limited time or trading experience [4] Group 3: Industry Context - The private markets are becoming increasingly significant, but there are concerns regarding rising valuations, limited regulatory oversight, and broader economic factors that may increase risks in certain segments [2]

the quickest fixes to DAO governance will come from stripe, robinhood, coinbase, circle, revolut, tether, etc. ...

RT Will (@theonlywill)🚨BIG NEWS: @Revolut the #1 neobank on Europe with 65M+ users, now supports @solana payments, transfers & staking!This is how Internet Capital Markets are born.The place to build is ON SOLANA! 🤝 https://t.co/sxbfzXaRG8 ...

You have an annual budget essentially to to invest in and lend to and support the technology industry in the United Kingdom. Why are you in San Francisco, then. What brings you here in San Francisco.Well, look, we're here pitching to us VCs, a really great new growth opportunity for them, which is based on three things. Firstly, as you say, the quality of the UK tech industry for the top ten universities globally producing great research with some really excellent entrepreneurs and the ability to scale busi ...

Revolut is in the early stages of building out its private markets team as the fintech looks to deepen its wealth offering https://t.co/uwzapU5ByD ...

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 SEC Chair Paul Atkins says, “On-chain markets will bring greater predictability, transparency, and efficiency for investors.”🔹 Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison after pleading guilty to fraud conspiracy in the $40B TerraUSD collapse.🔸 The SEC issued a No-Action Letter to DTCC, allowing it to offer tokenization services for DTC-custodied assets, with rollout expected in H2 2026.🔹 JPMorgan arranged a $50M ...

LATEST: 🇪🇺 Trust Wallet has integrated Revolut to enable zero-fee crypto purchases for European users, with support for Bitcoin, Ethereum and Solana. https://t.co/hSQsvUk9zL ...

Big exits and big raises have brought big changes to the ninth annual Midas List Europe, which ranks the top 25 startup investors in Europe and the Middle East.Leading the pack: Index Venture’s Danny Rimer returns to the top of the list after Figma finally went public with a $19 billion valuation in July.The initial public offerings of Klarna and BillionToOne, combined with billion-dollar fundraises from private startups like digital bank Revolut, French AI lab Mistral and defence startup Helsing, also drov ...

Core Points - Westpac Banking Corp's CEO, Anthony Miller, has called for social media companies like Meta to take more responsibility in preventing online scams, highlighting the increasing threat to consumers [1][2] - Miller stated that Westpac has invested over $333 million in scam and fraud prevention over the past five years, but emphasized the need for social media platforms to enhance their protective measures [3] - The issue of online scams is exacerbated by practices such as "muling," where scammers use platforms like Facebook Marketplace to acquire bank accounts, often from individuals misled by romance scams [4][5] Financial Implications - Internal documents revealed that Meta projected approximately $16 billion in revenue from scam advertisements and banned goods in 2024, which would represent nearly 10% of its total revenue [6] - Meta is estimated to display around 15 billion "higher risk" scam ads daily, indicating a significant scale of the problem [6] Regulatory Developments - Australia has enacted a law banning children under 16 from major social media platforms, requiring companies like Meta, TikTok, and YouTube to block underage accounts or face fines up to AUD 49.5 million ($33 million) [7]

BIG: @Revolut partners with @TrustWallet to offer instant crypto purchases across the EU. https://t.co/VYKzWdCF0q ...