I’d cry. A lot.
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This place would become the same as the MSE Forum.
(They don’t have @Revels 
)
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You can only work so much here 
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RevPoints inbound. Looks like you’ll be able to use roundups to RevPoints opposed to a cash pot.
There’s no exclusive value in the terms but an example of 100 points could equal £10.
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For simplicity you’d think so.
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Eight points is 1p
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Looks like Revolut are about to get in on the HR business.
I wonder if there is a longer term strategy here, incorporating Revolut Business into a full HR and financial management platform:
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Given the absolute mess the whole operation has shown itself to be in regards to getting a licence, I’d be astounded if any company let them anywhere near their finance or people teams data!
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Not quite true though is it.
While yes their reporting wasn’t adequate for BDO (one single, poor performing auditor) which people refer to as the only reason they seem to not be getting a licence, the rest of their “operation” actually runs well.
It’s a successful global entity worth far more than any fintech in Britain, maybe globally I’m not sure.
Their licence isnt important for every single personal on the planet, or even their biggest customer base here in the UK, and ones view of no licence = no me as a customer cuz I don’t want to lose up to 85k, is clearly a very small minority against those who do have confidence in revolut as a business.
Them going into HR is interesting though, given their historically negative internal culture.
There were reports of them changing this so maybe that has since happened, and the fees for business accounts to include HR support from afar could quite likely boost profit a fair bit given one HR manager spread about X number of businesses (a guess on how it may work).
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BDO is the 5th largest accountancy firm and operated in 167 countries with 1600 offices worldwide.
As such, I think your description of them as one single, poor performing auditor is slightly skewed to say the least.
Neither is the fact that BDO raised concerns about Revolut’s accounts - equal to £477m (or 75% of their 2021 revenue) - the only reason why they haven’t yet got a banking licence.
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They may be a top 4 but with only ~63% reported “up to scratch” it really does say a lot about them.
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It’s (certainly was) valued more than NatWest, Lloyds or Barclays banks.
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I doubt one audit from BDO is the difference between them having a banking license or not. There have been various stories over the years about financial irregularities and question marks over some of their practices.
Ultimately whatever the reasons, they will know what they are and what they need to do to resolve them.
Obviously I hope they get those issues resolved and get a license. I will then feel more comfortable about using them for larger sums or my salary.
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Where did you find that? Or is it Eu?
Yeah, this is EU. It’s in account details under account numbers
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Bit of an odd experience this morning.
Received a notification around 9:30am this morning from a company called blinkee.city which looks to be a scooter rental company… so yeah that definitely wasn’t me.
Get in touch and they very prompty reply and cancel my card and check the transaction and then pass me to ‘escalations’.
This team again were very prompt to reply and apologised that my card had to be cancelled. They then advised that sometimes merchant data gets mixed up and in fact the transaction showing as ‘Blinkee.city’ wasn’t infact that at all, it was Amazon Blink which is my doorbell.
So… card cancelled for nothing but just thankful it wasn’t actually a fradulent attempt somewhere 
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I’ve just been looking at Amazon blink, any good?
Also, how are you finding revolut? Been a while now.
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Yup I definitely recommend it!!
And all good with Revolut so far, pretty much zero issues apart from the issue when the clocks changed and the accounts were all accidentally locked out and zero issues with salary etc so definitely recommend them. Just wished they’d get that licence which I know is waaaaay off
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