Global fintech Revolut is launching its money app and card to the broader public today, complete with a unique set of features and a subscription scheme not yet seen in Australia.
Revolut, which has 12 million customers worldwide, has already onboarded the 30,000 Australians on its waiting list, but today’s move means that the fintech is finally moving out of its beta phase.
Designed for mobile, Revolut has found success overseas targeting a younger, digitally-savvy user base and according to Revolut Australia chief executive, Matt Baxby, that’s the aim of the game in Australia as well.
“Most Aussies, and indeed most young Australians, manage the lion’s share of their life through their mobile phones now, and we believe it should be no different for managing their finances – whether it’s something as simple as budgeting and splitting bills, or something more complex such as purchasing cryptocurrencies or commodities,” Baxby says.
“Revolut is building towards a financial SuperApp that enables Australians to truly take control of their finances in one place. There are so many existing financial products that are either too complicated or inaccessible for Australians and we want to break that down and put the power back into our customers’ hands.”
To read more about Revolut’s SuperApp, please click on the link below…
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