On Finovate.com

• Revolut Hires JP Morgan to Manage $500 Million Funding Round and Issue $1 Billion Loan.

Around the web

• Alfa-Bank launches cross-border payment pilot project with Novolipetsk Steel Company, Commerzbank, and Vesuvius.

• Divido and Shopify to offer Splitit’s monthly installment payment solution to customers.

• Zippia names Stratifyd a great place to work.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.