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London fintech unicorn Revolut surpasses 30M retail customers globally; processes 400M monthly transactions

Vignesh R.By Vignesh R.June 3, 2023No Comments2 Mins Read

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Revolut

Picture credit: Revolut

London-based fintech unicorn Revolut introduced on Friday that it has surpassed 30M retail clients worldwide and processes over 400M transactions a month.

Nik Storonsky, Co-founder & Chief Government Officer, says, “Revolut is rising at nearly a million clients per 30 days. It is a incredible achievement for the corporate and reaching 30 million clients is one other necessary milestone we’re immensely pleased with as we proceed to develop and scale at tempo.”

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The announcement comes a month after launching a brand new banking product, Joint Accounts, within the Netherlands and the European Financial Space (EEA).

With Joint Accounts, Revolut’s clients can now create an extra account throughout the app that shall be collectively owned by two folks no matter whether or not they’re companions, members of the family, or associates.

Revolut: What you must know

Established in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut is a monetary companies firm that specialises in cellular banking, card funds, cash remittance, and overseas change. 

The fintech firm claims to common nearly a million new clients per 30 days. 

Over 30 million retail clients around the globe have entry to Revolut’s modern merchandise together with peer-to-peer funds, Saving Vaults, <18 accounts, and Stays for vacation bookings.

The London fintech agency says its buyer base now makes greater than 400M transactions a month, up from 350M in November 2022.

Throughout the first three months of 2023, round 85 million peer-to-peer transactions had been made between its clients with zero switch charges

As well as, it features a pay as you go debit card, foreign money change, and peer-to-peer funds.

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30M 400m Customers Fintech GLOBALLY London Monthly Processes Retail Revolut surpasses transactions Unicorn
Vignesh R.

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