MARKET VALUATION

65

Revolut is , for many , the go-to disruptor bank . And there ’ s a good reason for that . Each month , 600,000 people open an account with the digital challenger bank to spend and manage their money . That ’ s an impressive statistic , whatever your metrics . But , considering that Revolut started only four years ago with the promise of never stopping moving forwards , it ’ s hardly surprising . The UK-based fintech was founded by Vlad Yatsenko and Nikolay Storonsky in July 2015 and today it has more than seven million customers worldwide . It offers a host of innovative digital banking services , including a prepaid debit card , currency exchange services , cryptocurrency exchange and peer-to-peer payments , all through its app . For the majority of those services , it also refuses to charge fees .

www

. fintechmagazine . com