I am launching Revolut in Singapore as part of our international expansion in APAC, and turning the banking world on its heels.
Revolut launched in July 2015 with a punchy mission: to turn the financial banking sector on its head. With Revolut users can set up an app-based current account in 60 seconds, spend abroad in over 150 currencies with no fees, hold and exchange 25 currencies in-app and send free domestic and international money transfers with the real exchange rate.
Since July 2015, London-based Revolut has signed up 3 million customers across Europe, processed more than 180 million transactions and has achieved a total transaction volume of over $25 billion to date. Revolut has raised a total of $336m from some of the most notable investors including DST Global, Index Ventures, Balderton Capital and Ribbit Capital. We will be expanding internationally across North America and Asia Pacific, beginning with Singapore.