Revolut, the global financial super app with over 30 million customers worldwide, has officially launched its services in New Zealand
In brief:
-Revolut’s entry into the New Zealand market addresses long-standing issues of limited competition and digital offerings in the financial sector.
-In the lead up to the launch, Revolut has worked with local industry bodies including Fintech New Zealand, Consumer New Zealand and Payments New Zealand as well as regulators to ensure the product meets the needs of New Zealanders and satisfies all regulatory requirement.
-The company is also actively hiring a local team to support its product offerings, including wealth and trading.
What does this mean?
Matt Baxby, CEO Revolut Australia & New Zealand, said: “We are incredibly excited to be launching Revolut in New Zealand to enable Kiwis a seamless and affordable global money management experience, secure budgeting and analytics features and advanced physical and digital card control capabilities, in one seamless location.
