Revolut is a financial technology enterprise providing banking services, which was founded by Nikolay lenski and Vlad Yatsenko in 20 15.
The services provided by Revolut include currency exchange, debit card, virtual card, Apple Pay, stock trading, cryptocurrency trading, futures trading and savings (called "[Treasury]") business. Revolut has developed rapidly and opened up many markets including Japan, with more than 5,000 employees.
It will be profitable in 2020 and become the most valuable financial technology company in the UK with a net asset of 4.2 billion pounds. 202 1, 1, he applied for a banking license in Britain.
Revolut provides banking services, including pounds and euros? Bank account, debit card, free currency exchange, stock exchange, cryptocurrency exchange and point-to-point payment.
Revolutionary's mobile application supports 120 currency consumption and ATM withdrawal, as well as direct transfer of 29 currencies from the application. Weekend payments will incur an extra charge of 0.5% to 2% to protect them from exchange rate fluctuations.
It also provides customers with cryptocurrency through exchange with 25 legal tender currencies, such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash and XRP. A fee of 1.5% shall be paid for the purchase or sale.
Cryptographic currency cannot be stored or used, and can only be converted back to legal tender in Revolut. In addition, new york Metropolitan Commercial Bank Revolutionary Bank is not allowed to transfer legal tender into or out of cryptocurrency exchange.
It provides a stock trading tool, which can access a series of American stocks and buy/sell some stocks. The stocks purchased in the application cannot be transferred to other brokers, but they must be sold/converted back to cash before they can be withdrawn.
history
Revolut was founded by Russian Nikolay Storonsky and Ukrainian Vlad Yatsenko on July 1 day, 2065. The company was originally located at Level39, a financial technology incubator in Canary Wharf, London.
On April 26th, 20 18, Revolut announced that it planned to further inject US$ 250 million into Hong Kong-based DST through a round of financing led by it, reaching a total valuation of US$ 654.38+80 billion, thus becoming Kirin. ? DST Global was founded by yuri milner, whose previous investment was supported by the Kremlin.
20 18 12, Revolut obtained the challenger bank license of the European Central Bank with the assistance of Lithuanian Bank, which authorized it to accept deposits and provide consumer credit, but did not provide investment services. At the same time, the Bank of Lithuania has also issued a license for electronic money institutions.
2065438+In March 2009, Peter Higgins, the company's chief financial officer, resigned. TechCrunch reported that he resigned because of allegations of violation of compliance, however, Revolut denied that he left for these reasons.
2065438+In July 2009, Revolut launched commission-free stock trading on the new york Stock Exchange and Nasdaq, initially for customers of its metal project. Subsequently, all users can use it.
20 19, 10 announced that it has reached a global agreement with Visa, which will expand to 24 new markets and employ about 3,500 additional employees.
In February 2020, Revolut completed a round of financing, its value more than tripled, and the company's valuation reached 4.2 billion pounds, making it the most valuable financial technology startup in the UK.
In August 2020, Revolut launched financial applications in Japan.
In June 2020, Revolut began to make a profit.
202 1 1 The company announced its application for a British banking license. In March, 20021,Revolut applied for a banking license in the United States by applying to the FDIC and the California Department of Financial Protection.