London-based fintech unicorn Revolut announced on Friday that it has surpassed 30M retail customers worldwide and processes over 400M transactions a month.
Nik Storonsky, Co-founder & Chief Executive Officer, says, “Revolut is growing at almost one million customers per month. This is a fantastic achievement for the company and reaching 30 million customers is another important milestone we are immensely proud of as we continue to grow and scale at pace.”
The announcement comes a month after launching a new banking product, Joint Accounts, in the Netherlands and the European Economic Area (EEA).
With Joint Accounts, Revolut’s customers can now create an additional account within the app that will be jointly owned by two people irrespective of whether they are partners, family members, or friends.
Revolut: What you need to know
Established in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut is a financial services company that specialises in mobile banking, card payments, money remittance, and foreign exchange.
The fintech company claims to average almost one million new customers per month.
Over 30 million retail customers around the world have access to Revolut’s innovative products including peer-to-peer payments, Saving Vaults, <18 accounts, and Stays for holiday bookings.
The London fintech firm says its customer base now makes more than 400M transactions a month, up from 350M in November 2022.
During the first three months of 2023, around 85 million peer-to-peer transactions were made between its customers with zero transfer fees
In addition, it includes a prepaid debit card, currency exchange, and peer-to-peer payments.
Read the orginal article: https://siliconcanals.com/news/startups/revolut-surpasses-30m-retail-customers/