London-based fintech unicorn Revolut introduced on Friday that it has surpassed 30M retail prospects worldwide and processes over 400M transactions a month.
Nik Storonsky, Co-founder & Chief Government Officer, says, “Revolut is rising at virtually a million prospects monthly. It is a incredible achievement for the corporate and reaching 30 million prospects is one other essential milestone we’re immensely happy with as we proceed to develop and scale at tempo.”
The announcement comes a month after launching a brand new banking product, Joint Accounts, within the Netherlands and the European Financial Space (EEA).
With Joint Accounts, Revolut’s prospects can now create an extra account inside the app that shall be collectively owned by two individuals no matter whether or not they’re companions, relations, or associates.
Revolut: What it’s good to know
Established in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut is a monetary companies firm that specialises in cellular banking, card funds, cash remittance, and overseas alternate.
The fintech firm claims to common virtually a million new prospects monthly.
Over 30 million retail prospects world wide have entry to Revolut’s modern merchandise together with peer-to-peer funds, Saving Vaults, <18 accounts, and Stays for vacation bookings.
The London fintech agency says its buyer base now makes greater than 400M transactions a month, up from 350M in November 2022.
In the course of the first three months of 2023, round 85 million peer-to-peer transactions have been made between its prospects with zero switch charges
As well as, it features a pay as you go debit card, foreign money alternate, and peer-to-peer funds.