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| Type of site | Private |
|---|---|
| Available in | Multilingual |
| Founded | June 28, 2014; 10 years ago (2014-06-28) |
| Headquarters | London, England |
| Founder(s) | Nikolay Storonsky, Vlad Yatsenko |
| Products | Debit card |
| Services | Travel money, currency exchange, peer-to-peer payments |
| Employees | 15+ (2016) |
| URL | www.revolut.com |
| Registration | Yes |
| Launched | July 1, 2015; 9 years ago (2015-07-01) |
Revolut is a travel money platform that includes a debit card, 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.
The London-based startup was founded by Nikolay Storonsky and Vlad Yatsenko and currently supports ATM withdrawals in 90 currencies.
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 sterlings, and Euros
- Peer-to-peer payments to other users with a Revolut account
Revolut provides the following functionality via its debit card:
- ATM withdrawals
- Spend funds with merchants which accept MasterCard
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.
Notes and References
- "Revolut company timeline". Crunchbase. Retrieved 11 January 2016.
- "Revolut company profile". AngelList. Retrieved 11 January 2016.
- Dillet, Romain (20 July 2015). "Revolut Raises $2.3 Million For Its Mobile Foreign Exchange Service". TechCrunch. Retrieved 11 January 2016.
- "Revolut FAQ". Revolut. Retrieved 11 January 2016.