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

Microsoft Project AirSim Uses the Metaverse to Train Autonomous Drone AI

For autonomous drone AI training, Microsoft Project AirSim turns to the metaverse, or a virtual world that simulates physics in a realistic three-dimensional environment. These autonomous drones are piloted by artificial intelligence in a controlled setting, which is significantly safer than training them in a metropolis with human pilots. Project AirSim can simulate millions of drone flights in seconds, allowing them to react to innumerable variables just like they would in the real world. It has 3D libraries of various settings and real-world locales, like as New York City, and pre-trained models that may be utilised to develop more customised digital drone pilots. They will also avoid Rheinmetall's Skynex Air Defense System, which is designed to take out a swarm of drones. The expenses and risks associated with inspecting infrastructure such as cell towers or wind turbines are considerably reduced by autonomous solutions. "AI algorithms identify and avoid obstacles in fligh...
Post a Comment
Read more

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

Star Atlas has announced a DAO as well as an updated marketplace

 At the 426LIVE community event on Thursday, the popular gaming metaverse Star Atlas announced the introduction of the Star Atlas DAO. Star Atlas, based on Solana, has some fantastic backers, and while the game isn't entirely playable yet, many believe it's the future of blockchain gaming. It now intends to give its vast community the ability to participate in decision-making processes. The community will have a say thanks to Star Atlas DAO The Star Atlas community has been instrumental in the game's success. As a result, Star Atlas wishes to reward them with DAO rights. The DAO will include the governance token POLIS, which is an essential feature. It also has a five-year locked staking term for individuals who are interested. In addition to the Star Atlas DAO announcement, they have also announced a redesign of the Galactic Marketplace, replete with a new look and other exciting features. What about Star Atlas? Wagner and Pablo Quiroga designed Star Atlas in 2020, a fanta...
Post a Comment
Read more