UK FinTech Revolut has reached a milestone of having 20mn retail customers in the world.
In Brief:
This comes as the business celebrates its seventh birthday.
Revolut now processes over 250mn transactions every month.
Its workforce is now set to reach 5,000 across the world.
What does this mean?
Revolut has expanded across 36 countries since its foundation – with the UK remaining its largest market – and has expanded its user base rapidly along the way, especially in countries where it has gained banking licences or offers an alternative to underserved markets.
