Rúben Germano

Digital bank Revolut has selected South Africa as its African launchpad, backing its move with a $13bn global expansion plan aimed at reaching 100-million users by 2027. Its arrival on our shores is set to disrupt SA’s financial sector, challenging both traditional banks and rising fintechs. #businessday #financialservices #Fintech #DigitalBanking #Revolut #SouthAfrica #Innovation Read the full story ➡️  https://lnkd.in/d9z4HMis

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If I had to build Revolut with APIs tomorrow, I’d do it like this: Step 1: Own the money. The “ledger” is the brain of the bank. It’s where every deposit, payment, and transfer is recorded. If you don’t control this, you don’t control your product. Step 2: Stay flexible with partners. Payments, cards, KYC, fraud checks — there are dozens of providers. Instead of locking into one, design your system so you can swap partners without breaking the bank. Step 3: Keep the customer experience in-house. Login, support, notifications, and risk checks — this is where trust is built. You can’t outsource that. Step 4: Plan for failure. Transfers fail. APIs go down. Cards get declined. The trick is to design with “what if” in mind: retries, backups, alerts, and clear messages to the user. Step 5: Build for growth. From day one, set up the foundation: monitoring, compliance, security, cloud infra. Scaling later is painful if you don’t. The big idea - Use vendors for speed, but never outsource the core — your money brain, your risk engine, or your customer touchpoints. There are 3 main ways to build a neobank today: - White-label a BaaS platform (e.g. Mambu). - Build on open-source banking software (e.g. Apache Fineract). - Or start from scratch with APIs (my choice). Question is - If you were launching a neobank tomorrow — which path would you take?

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Revolut eyes potential bank acquisition in the Middle East to speed up regional expansion The fintech giant already operates in UAE and Saudi Arabia, offering different financial services, but it doesn't have a banking license in the region. Now, they are reported in talks to acquire a medium-size bank in the region in order to speed up its expansion process. Something similar to what they did in Argentina with Cetelem. The company already made it to the news this week, when was reported that they are considering a similar acquisition in the US and a potential expansion in China. The news on AGBI - Arabian Gulf Business Insight in the first comment.

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Major international bank coming to South Africa UK ‘neobank’ Revolut has announced that it will apply for a banking license in South Africa and is busy engaging with the Reserve Bank’s Prudential Authority to enter into the local financial sector. Revolut, with more than 65 million customers worldwide, will be a formidable competitor to South Africa’s traditional banks and newer digital banks. Daily Investor https://lnkd.in/dhDbchX4

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Europe’s largest digital bank, Revolut, is advancing its plans to enter the Moroccan market. The British fintech company has appointed Amine Berrada, former operations director for Uber in Southern and Eastern Europe, to lead its strategy and operations in the country. Revolut, founded in 2015, serves 60 million customers worldwide and has recently been valued at approximately $45 billion. The company has begun forming a team in Morocco in preparation to apply for a license from Bank Al-Maghrib, the country’s central bank. Read more: t.ly/9rgGo #morocco #world #news #europe #mwn #revolut #moroccoworldnews

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Revolut joins MBway after reaching deal with SIBS Starting Oct 6, Revolut officially integrates with Portugal’s MB Way network, allowing users to make instant transfers just like any other local bank. With over 2 million customers in the country, Revolut now connects to the Multibanco system, removing what it called “the biggest barrier to becoming the main bank account for Portuguese users.” “This has been a personal mission since I joined Revolut. To win in Portugal, we needed the Multibanco network,” said Ignacio Zunzunegui, Head of Growth for Southern Europe. “Since summer, we’ve seen unprecedented growth, and local IBANs are accelerating it even further.” The integration also introduces a virtual Multibanco card, enabling payments in POS systems that don’t accept Visa. Revolut expects to complete the migration to Portuguese IBANs (“PT50”) by the end of 2025. Source/More info: https://lnkd.in/eTwcan44 This and more in the newsletter! Sign up here: https://lnkd.in/ecvqiKBY Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story. Next! [ 𝗹𝗶𝗸𝗲 ]

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𝗡𝗼𝘃𝗼 𝗕𝗮𝗻𝗰𝗼 𝗰𝗵𝗼𝗼𝘀𝗲𝘀 𝗘𝘂𝗿𝗼𝗰𝗹𝗲𝗮𝗿 𝗙𝘂𝗻𝗱𝘀𝗣𝗹𝗮𝗰𝗲 𝗳𝗼𝗿 𝗳𝘂𝗻𝗱 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 We are thrilled to announce that NOVO BANCO, Portugal's fourth-largest bank, has selected Euroclear FundsPlace as its exclusive provider for fund distribution services. This partnership marks a significant step forward in simplifying and scaling our fund operations. This move will reduce complexity, bring greater transparency and improve efficiency across the bank's distribution model. The partnership reflects the trust in the Euroclear FundsPlace model and our growing footprint in the Southern Europe region. We look forward to the positive impact this partnership will bring to our clients and the market. Read the full press release 👉 https://lnkd.in/gX_HvtuE

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Big cross-border acquisition from SIBS, the Portuguese bank-owned processor to beef up its presence in Central Europe. ITCARD is a Warsaw based acquirer/issuer processor and ATM manager operating under the Planet Pay brand. The move gives SIBS scale in one of Europe's fasted growing economies and an additional 180.000 POS terminals, 1.8m cards and 5,500 ATM's to manage. https://lnkd.in/eH-x6gs9

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