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Revision as of 01:56, 12 January 2016 editNatg 19 (talk | contribs)Extended confirmed users176,389 edits Disambiguate Android to Android (operating system) using popups← Previous edit Revision as of 14:19, 12 January 2016 edit undoVeroniqueatrevolut (talk | contribs)3 editsNo edit summaryNext edit →
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|chairperson = |chairperson =
|president = |president =
|CEO = |CEO = Nikolay Storonsky
|MD = |MD =
|GM = |GM =
|key people = |key people =
|industry = |industry = FinTech
|products = Debit card |products = Debit card
|services = Travel money, currency exchange, peer-to-peer payments |services = Travel money, currency exchange, peer-to-peer payments
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|divisions = |divisions =
|subsidiaries = |subsidiaries =
|slogan = "Your personal money cloud" |slogan = "The Global Money App"
|url = |url =
|programming language = |programming language =
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'''Revolut''' is a travel money platform that includes a debit card, currency exchange, and ] payments.<ref name="techcrunch1">{{cite web | url=http://techcrunch.com/2015/07/20/revolut-raises-2-3-million-for-its-mobile-foreign-exchange-service/ | title=Revolut Raises $2.3 Million For Its Mobile Foreign Exchange Service | publisher=TechCrunch | date=20 July 2015 | accessdate=11 January 2016 | author=Dillet, Romain}}</ref> Revolut currently charges no fees for any of it services, and claims to use interbank rates for its currency exchange. Its debit card is provided by ]. '''Revolut''' is a global money app that includes a debit card (MasterCard®), currency exchange, and ] payments.<ref name="techcrunch1">{{cite web | url=http://techcrunch.com/2015/07/20/revolut-raises-2-3-million-for-its-mobile-foreign-exchange-service/ | title=Revolut Raises $2.3 Million For Its Mobile Foreign Exchange Service | publisher=TechCrunch | date=20 July 2015 | accessdate=11 January 2016 | author=Dillet, Romain}}</ref> Revolut currently charges no fees for any of it services, and claims to use interbank rates for its currency exchange. Its debit card is provided by ]. Revolut launched to the public in July 2015 to increase transparency and fairness by eliminating the high fees previously associated to spending or sending money abroad.


The ]-based ] was founded by Nikolay Storonsky and Vlad Yatsenko and currently supports ATM withdrawals in 90 currencies.<ref name="revolutfaq">{{cite web | url=https://revolut.com/FAQ | title=Revolut FAQ | publisher=Revolut | accessdate=11 January 2016}}</ref> The ]-based ] was founded by Nikolay Storonsky and Vlad Yatsenko and currently supports spending and ATM withdrawals in 90 currencies and sending in 23 currencies directly from the mobile app.<ref name="revolutfaq">{{cite web | url=https://revolut.com/FAQ | title=Revolut FAQ | publisher=Revolut | accessdate=11 January 2016}}</ref>


The company is based in Level39, a financial technology incubator in ], London. The company is based in Level39, a financial technology incubator in ], London.
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* Add funds to Revolut account via a debit card payment * Add funds to Revolut account via a debit card payment
* Foreign exchange between ], ], and ] * Foreign exchange between ], ], and ]
* Peer-to-peer payments to other users with a Revolut account * Peer-to-peer payments to other users with a Revolut account and to those without a Revolut account via text, Whatsapp or email in 23 currencies


Revolut provides the following functionality via its debit card: Revolut provides the following functionality via its debit card:
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* ATM withdrawals * ATM withdrawals
* Spend funds with merchants which accept MasterCard * Spend funds with merchants which accept MasterCard
* Spend in 90 currencies via the card, the user is automatically converted at the time of each transaction at the best available exchange rate


== Company Funding == == Company Funding ==

Revision as of 14:19, 12 January 2016

Revolut
File:Revolut Logo.png
Type of sitePrivate
Available inMultilingual
FoundedJune 28, 2014; 10 years ago (2014-06-28)
HeadquartersLondon, England
Founder(s)Nikolay Storonsky, Vlad Yatsenko
CEONikolay Storonsky
IndustryFinTech
ProductsDebit card
ServicesTravel money, currency exchange, peer-to-peer payments
Employees15+ (2016)
URLwww.revolut.com
RegistrationYes
LaunchedJuly 1, 2015; 9 years ago (2015-07-01)

Revolut is a global money app that includes a debit card (MasterCard®), currency exchange, and peer-to-peer payments. Revolut currently charges no fees for any of it services, and claims to use interbank rates for its currency exchange. Its debit card is provided by MasterCard. Revolut launched to the public in July 2015 to increase transparency and fairness by eliminating the high fees previously associated to spending or sending money abroad.

The London-based startup was founded by Nikolay Storonsky and Vlad Yatsenko and currently supports spending and ATM withdrawals in 90 currencies and sending in 23 currencies directly from the mobile app.

The company is based in Level39, a financial technology incubator in Canary Wharf, London.

Services

Revolut provides the following functionality via its mobile app:

  • Add funds to Revolut account via a debit card payment
  • Foreign exchange between US dollars, UK pounds sterling, and Euros
  • Peer-to-peer payments to other users with a Revolut account and to those without a Revolut account via text, Whatsapp or email in 23 currencies

Revolut provides the following functionality via its debit card:

  • ATM withdrawals
  • Spend funds with merchants which accept MasterCard
  • Spend in 90 currencies via the card, the user is automatically converted at the time of each transaction at the best available exchange rate

Company Funding

In July 2015 Revolut announced it had received £1.5 million in venture capital funding from a consortium which included Balderton Capital, Seedcamp, and Venrex Investment Management.

References

  1. "Revolut company timeline". Crunchbase. Retrieved 11 January 2016.
  2. "Revolut company profile". AngelList. Retrieved 11 January 2016.
  3. Dillet, Romain (20 July 2015). "Revolut Raises $2.3 Million For Its Mobile Foreign Exchange Service". TechCrunch. Retrieved 11 January 2016.
  4. "Revolut FAQ". Revolut. Retrieved 11 January 2016.

See also

External links

Category: