Live data from Hacker News

Revolut CFO resigns following money laundering controversy

techcrunch.com

251–256 of 256 posts

Re: Revolut CFO resigns following money laundering controversy

#251
I desperately want a Revolut account. I've been following them for the past year and a half and they still only support EU countries.

They keep mentioning that they will launch for citizens of non-EU countries but I've yet to see it happen. Does anyone know more about this?

Re: Revolut CFO resigns following money laundering controversy

#252
should use https://www.midpoint.com, they don't have an app, but their FX service and pricing is way better than transferwise or revolut considering they also offer Avios points. Apparently they have no upper limit for transaction and the average client has transacted over 250k using Midpoint. So it really is for HWN and businesses. They are not priced for low value transactions though as there is a minium fee of 10 pounds

Re: Revolut CFO resigns following money laundering controversy

#253
post #3

also CEO of Revolut: "Why aren’t you working on weekends?" https://twitter.com/phillipcaudell/status/110108122935141580...

It looks like a managing politics seems very similar to the gulag in XX century. East Europe people have often tendencies to manage that way.

Re: Revolut CFO resigns following money laundering controversy

#254
post #184

Earlier quoted context omitted.

So we just go around downvoting comments we don't agree with? Paranoid? Really? Edit: Also, I asked dude to explain to me. He/she is free to do so, I was genuinely curious. But also, yes, I am cynical when it comes to the Russian mob. I mean government.

> So we just go around downvoting comments we don't agree with? Is this that surprising at all? Discussions about this have been on reddit for years. This is the internet. No one owes anyone a civil argument or even a response, and a lot of bad faith actors are out there. > Paranoid? Really? Yes. I would categorize a comment that claims a lack of response by someone who downvoted you is assumed to be paid by Russians…

I didn't delete anything. Quit the drama.

Re: Revolut CFO resigns following money laundering controversy

#255

Earlier quoted context omitted.

I feel like you're missing the circular logic of your argument. The laws are crazy because banks will not self regulate. They openly allow illicit funds, so rules need to be applied to stem the source. None is blaming them for accepting funds from anyone that they come across, but there should be no confusion as to why the rules exist: because the banks will indiscriminately allow the transfer of funds from illegitim…

Nothing circular in my argument. I feel you're wilfully ignoring what I wrote.

Nope. Please explain what point you are trying to make. None gets it

Re: Revolut CFO resigns following money laundering controversy

#256
post #228

Earlier quoted context omitted.

Revolut has the same Electronic Money license in the UK as TransferWise, meaning that the money is parked at a regular bank in the UK, but not under your own name. However, Revolut received a banking license in Lithuania in December 2018, and should soon start operating as a normal bank with the standard 100,000€ insurance, demanded by the EU. Yet, if Revolut failed at some point in the future, it's unclear how the B…

Cats Protection has a story to tell about Kaupting.

https://www.dailymail.co.uk/news/article-1076303/Cats-Protec...
Post reply on HN