Revolut celebrates a brand new milestone: reaching 50 million clients globally. In Italy alone, the fintech app has about 2 million customers. Revolut’s aim now’s to reach creating a worldwide financial institution.
Revolut celebrates the brand new milestone of fifty million clients globally
At the moment, the tremendous fintech app of Revolut is celebrating its new milestone: 50 million clients globally.
https://twitter.com/RevolutApp/standing/1858782337166676239
“50 million clients in 38 markets in 9 years. It’s a milestone price celebrating. Thanks to each single buyer around the globe who helped us attain this aim. We proceed to revolutionize the best way the world makes cash, on daily basis. And we’re simply getting began: now we have far more in retailer for you.”
Since its launch in 2015, Revolut’s presence has expanded to as many as 38 markets, rising as essentially the most downloaded app exponentially. On this ongoing 2024 alone, there are 10 million new clients who’ve registered within the fintech app.
This milestone appears to be the results of a collection of investments that the corporate has made, launching new merchandise and new promoting campaigns.
Solely final March 2024, Revolut had introduced its funding of 450 million euros in advertising actions in Europe, with the precise aim of reaching the present 50 million clients.
In Italy, Revolut has about 2 million clients, and evidently by the tip of the yr the brand new department shall be inaugurated within the Bel Paese. Subsequently, with a brand new base in Italy, Revolut will be capable of supply an IT IBAN service to its clients.
Revolut app and its presence within the crypto world
As is now recognized, Revolut is a fintech app open to the crypto world and even on this 2024, it has applied varied initiatives and collaborations within the sector.
In March, Revolut fashioned a partnership with MetaMask, launching “Revolut Ramp”. Primarily, the brand new answer permits customers to high up their MetaMask wallets immediately from their Revolut accounts.
Within the month of Could, then, Revolut launched its new crypto buying and selling platform Revolut X, devoted solely to customers in the UK. It’s a true crypto-exchange that provides fastened charges of 0% for makers and 0.09% for takers.
Given the large success of Revolut X within the UK, not too long ago, Revolut determined to prolong its cryptocurrency alternate to the complete European Union.
In the course of the yr, then, the monetary app added help for brand spanking new crypto, such because the memecoin of FLOKI but additionally the token of Telegram, Toncoin (TON).
The plan to launch its personal stablecoin?
Staying on the subject of Revolut and crypto, the fintech big appears to be contemplating the potential of launching its personal stablecoin.
The information was circulating final September, nevertheless it has not but been made official. The concept is that Revolut may need to launch its stablecoin to consolidate its presence within the crypto sector.
Alternatively, there are those that argue that Revolut, like Robinhood, try to comply with within the footsteps of one other big of digital funds, PayPal, which, in August 2013, issued PYUSD.
