Revolut, the global finance app, announced that it has surpassed 30 million retail customers worldwide, and now processes over 400 million transactions per month.
Revolut: finance app surpasses 30 million retail customers worldwide
The global finance app, Revolut, announced today that it has surpassed 30 million retail customers worldwide, processing well over 400 million transactions per month.
Making an estimate, Revolut compared its current figures to those of November 2022, when it had five million fewer customers and 350 million transactions per month. This leads him to infer that as of today, the company averages nearly one million new customers per month.
Specifically, Revolut has seen the increase in customers in five markets, which are the United Kingdom, Romania, Poland, Spain, and France.
And indeed, compared to November 2022, Revolut has seen registrations increase from 1.2 million new customers in the United Kingdom, now counting 6.8 million total customers. In Romania, more than 500,000 new customers have registered, now counting 2.8 million total customers.
Looking instead at Poland, as many as 480,000 new customers have registered in Revolut since November 2022, and as of today there are 2.5 million total Polish customers.
Next comes Spain with new 450,000 customers for a total of 1.8 million, and France, which has seen new registrations to Revolut from 440,000 French customers, for a total of 2.2 million.
Revolut: the global financial app and access to its products from more than 30 million customers
Hence, more than 30 million customers worldwide have access to many of Revolut’s innovative products, including peer-to-peer payments, piggy banks, <18 accounts, and vacation bookings.
In this regard, Nik Storonsky, co-founder and CEO of Revolut, said:
“Revolut is growing by nearly one million customers per month. This is a fantastic achievement for the company, and reaching 30 million customers is another important milestone that we are immensely proud of as we continue to grow and scale at a rapid pace.”
Among the latest products launched in the European Economic Area is fractional ETF (Exchange Traded Funds) trading, which allows its customers to trade up to 100 ETFs with a minimum amount of €1.
The new product was a collaboration of Revolut and Upvest, a Berlin-based fintech specializing in scalable investment APIs. Not only that, the €1 minimum investment opens access to this product to all users.
The new crypto course on Avalanche (AVAX)
In May, Revolut also launched its fifth crypto course on Avalanche (AVAX) in its dedicated “learn” section.
This is a crypto education section for Revolut customers who, since mid-May, can also find out more about Avalanche’s eco-friendly blockchain, designed for both Web3 developers and enterprises.
In addition to learning, Revolut rewards customers who test their experience on cryptocurrencies with up to €15 from all courses, in different tokens. This small incentive serves to make the crypto course more engaging.
The Avalanche course was launched after those on Crypto Basics, Polkadot, 1Inch, and a Polkadot bonus course.