Revolut makes its Financial Super App and debit card available in the United States

Maria Nikolova

US customers can spend and transfer money globally at the interbank exchange rate, hold and exchange 28 currencies in the app, and get their salary two days in advance.

Revolut, the fast growing fintech, today announces the launch of its Financial Super App and debit card in the United States.

Starting today, US consumers can set up a Revolut account in minutes from their smartphone. Once they have downloaded the app for iOS or Android, customers simply need to enter their personal information and upload their identification documents, and their account should then be verified within a matter of minutes.

Once a customer has been approved, they will instantly receive their new account details, which can then be used to make payments and deposit a salary. US customer deposits are FDIC insured up to $250,000, through a partnership with Metropolitan Commercial Bank. US customers are also able to get their salary up to two days in advance via direct deposit.

Revolut customers receive instant spending notifications, can see exactly how much money they are spending on things like restaurants, groceries and transportation, and can set up monthly spending budgets for individual categories.

Additionally, Revolut customers can instantly send and request money to each other for free, split the bill at the tap of a button, and round-up every card purchase to the nearest dollar and stash away their spare change.

Revolut commenced operations in 2015 with a vision to build a Financial Super App – a single app where consumers can manage all aspects of their financial life. In just four years, the company has attracted more than 10 million customers, raised over $800 million in funding – and now employs more than 2,000 people globally, including in New York and San Francisco.

As a digital, cloud-based company, Revolut allows customers to open an account in minutes directly from their smartphones. It does not operate branches.

The company is continuing to conduct comprehensive modelling and stress tests to evaluate potential impacts of spikes in customer activity.

Read this next

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

<