Revolut celebrates a brand new milestone: reaching 50 million clients globally. In Italy alone, the fintech app has about 2 million users. Revolut’s aim now could be to achieve creating a world financial institution.
(*50*)Revolut celebrates the brand new milestone of 50 million clients globally
Today, the tremendous fintech app of Revolut is celebrating its new milestone: 50 million clients globally.
https://twitter.com/RevolutApp/standing/1858782337166676239
“50 million customers in 38 markets in 9 years. It is a milestone worth celebrating. Thanks to every single customer around the world who helped us reach this goal. We continue to revolutionize the way the world makes money, every day. And we are just getting started: we have much more in store 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. In 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.
Only final March 2024, Revolut had introduced its funding of 450 million euros in advertising and marketing 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 top of the yr the brand new department will probably be inaugurated within the Bel Paese. Subsequently, with a brand new base in Italy, Revolut will be capable to provide an IT IBAN service to its clients.
(*50*)Revolut app and its presence within the crypto world
As is now identified, 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 shaped a partnership with MetaMask, launching “Revolut Ramp”. Essentially, the brand new resolution permits users to high up their MetaMask wallets instantly from their Revolut accounts.
In the month of May, then, Revolut launched its new crypto buying and selling platform Revolut X, devoted solely to users within the United Kingdom. It is a real crypto-exchange that gives mounted charges of 0% for makers and 0.09% for takers.
Given the big success of Revolut X within the UK, not too long ago, Revolut determined to prolong its cryptocurrency exchange to your complete European Union.
During 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).
(*50*)The plan to launch its personal stablecoin?
Staying on the subject of Revolut and crypto, the fintech large appears to be contemplating the opportunity of launching its personal stablecoin.
The information was circulating final September, however it has not but been made official. The concept is that Revolut may wish to launch its stablecoin to consolidate its presence within the crypto sector.
On the opposite hand, there are those that argue that Revolut, like Robinhood, try to observe within the footsteps of one other large of digital funds, PayPal, which, in August 2013, issued PYUSD.
