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Revolut
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==Summary<ref name=":0">Source: the company and Seedrs.</ref>== <vimeo>227269514</vimeo> Revolut is addressing the global dissatisfaction with traditional banks by offering a digital banking alternative that caters to both consumers and businesses. A comprehensive survey involving 9,000 bank customers across nine countries unveiled a staggering 77% global dissatisfaction rate among customers towards their existing banks. Revolut's innovative approach aims to create a financial environment where money flows seamlessly and at the individual's preferred pace, regardless of geographical location. Facilitating this vision, Revolut offers the swift setup of a current account within just 60 seconds. This account enables users to conveniently hold and exchange more than 30 different currencies at the interbank exchange rate. Moreover, Revolut allows for the effortless execution of international money transfers to any bank worldwide, free of charge. This global accessibility extends to spending as well, with a contactless MasterCard that permits fee-free transactions on a global scale. The company has experienced rapid growth, amassing a customer base exceeding 750,000 individuals who have collectively transacted over $4.2 billion in just two years. Beyond serving individuals, Revolut has expanded its services to the corporate realm. The introduction of a business platform empowers companies to manage various financial aspects, including the ability to hold, exchange, and transfer more than 30 currencies at interbank rates. Additionally, the platform enables the issuance of corporate cards, facilitating free spending on a global scale. Revolut's reach continues to expand, as it caters to over 12,000 global companies and scaling start-ups. With its dynamic and forward-moving stance within the fintech industry, Revolut is reshaping the financial landscape and offering a compelling alternative to outdated banking models.
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