Revolut, which offers a pre-paid card that lets people transact and hold in multiple currencies at low rates, has announced that it is signing up 40-50 new businesses and 3,000-5,000 new retail customers every day. The startup now has 900,000 customers (180,000 DAU) and has processed $5 billion of transactions since launch.
Foreign exchange startup Revolut has 16,000 business customers four months after launch. Signing up 3,000 to 3,500 new retail customers each day. Plans to launch in the US, Australia, Canada, Singapore, and Hong Kong in the first quarter of 2018. LONDON – Foreign exchange startup Revolut is expanding rapidly, signing up 16,000 companies to its business accounts in just four months. CEO Nikolay Storonsky disclosed the figure during a presentation at the LendIt Europe conference in London on Tuesday. Storonsky said Revolut is signing up 40 to 50 new businesses a day and hopes to scale that sign-up rate to 100 business a day. The two-year-old startup launched business accounts in June.
