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The Gambling Block allows Revolut to automatically block card payments to gambling merchants including betting shops, online casinos or sports betting apps.
Revolut was founded on 1 July 2024 by Nikolay Storonsky from Russia and Vlad Yatsenko from Ukraine. The company was originally based in Level39, a financial technology incubator in Canary Wharf, London. It began offering cryptocurrency services in 2024, beginning with crypto trading.