Skip to main content

Revolut, a digital banking platform, will debut in five more nations

According to Reuters

Revolut, a digital banking platform, announced that it would soon make its app easier to use in Sri Lanka, Chile, Ecuador, Azerbaijan, and Oman. This would enable users to send money to more than 50 countries using more than 30 different currencies.

Customers who transfer money to other Revolut users will not be charged a fee, according to the London-based company, while transfers to non-Revolut accounts will be subject to a 1 percent cost with a $1 minimum in the five new nations.

Since its 2015 inception in Britain, Revolut has expanded its product offering to include payments services, cryptocurrency trading, savings accounts, and stock trading. The company has stated its goal is to create a global financial "super app."

The platform, which has more than 18 million users and 500,000 companies using its products, stated that by the end of 2022, it hoped to be present in up to 90 different countries.

Labels:

Comments

Post a Comment

Popular posts from this blog

Starbucks Teases Web3 Updates to Its Well-Known Rewards Program

To better engage customers, the global coffee firm is looking to digital collectibles Starbucks CEO Howard Schultz stated that Web3 will play a role in the future of the famous rewards programme. During the company's third-quarter 2022 earnings call on Tuesday, Schultz stated, "We've been working on a really fascinating new digital effort that extends on our existing industry-leading digital platform in inventive new ways, all focused on coffee and—most importantly—loyalty." According to Schultz, the new digital project will be unveiled on September 13 during the company's annual Investor Day event in Seattle. Starbucks will be able to expand on its present rewards engagement model while also introducing new techniques of emotionally connecting customers, according to Schultz, While giving a wider variety of awards and strengthening its "digital third place community" strategy. The term 'third place' refers to a community space located between ho...
1 comment
Read more

NFT Rollout in 100 Countries Confirmed by Meta Amid Coinbase Integration

NFT integration is currently active on Instagram in 100 countries after several testing phases The world's largest social networking company, Meta (META), has integrated with Coinbase (COIN) Wallet and Dapper and is now distributing non-fungible tokens (NFT) across 100 nations. Mark Zuckerberg, the creator and CEO of Meta, announced the rollout in a Facebook post. After a successful testing period in May, Instagram users in several countries can now display their NFTs. According to a tweet from Meta, the social media network will also include support for Flow Blockchain. The goal of the testing was to enable cross-platform posting utilising NFTs, according to Meta product manager Navdeep Singh, who stated last month that testing was also going on on Facebook.
Post a Comment
Read more

Why Whatsapp for business is Mark Zuckerberg's other big wager besides the metaverse

With the debut of WhatsApp Business in 2018, small businesses were given access to free, straightforward tools for client communication. Now, Mark Zuckerberg is placing a wager that it will be the next significant source of Meta's revenue. "WhatsApp is truly going to be the next chapter, with business messaging and commerce being a significant issue there," he recently told CNBC, referring to the social media platforms Facebook and Instagram. With American customers, WhatsApp is already hugely popular. Currently, Meta Platforms is focusing more on expanding its small company clientele. In 2018, the Facebook parent company launched WhatsApp Business, providing small companies with free, straightforward tools to help them stay in touch with their consumers and give them a means for them to directly communicate, search for products, and express interest in making purchases. The company is doubling down on a more recent advertising format called "click-to-message," ...
Post a Comment
Read more