Revolut Surpasses 1 Million Users in the UK

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Revolut Surpasses 1 Million Users in the UK

Postby kreslik.news » Wed Jul 04, 2018 7:59 am


British challenger bank and FinTech firm Revolut announced this Thursday that it has surpassed 1 million users in the UK. The London-based firm claims to now be onboarding between 6000 and 9000 new users every day.

Revolut was founded in 2014 by a former Credit Suisse trader, Nikolay Storonsky, and his partner Vlad Yatsenko, a former application developer at Deutsche Bank. The company is one of several so-called ‘challenger banks’, launched in the UK over the past 5 years, who have managed to attract customers with massively reduced fees on a variety of services.

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