Popular European banking app Revolut is launching in the US today
March 24, 2020 | Uncategorized
Mobile banking app Revolut, which has more than 10 million customers in Europe, is launching today in the US, the company announced.
Like Monzo, a UK-based banking app that made the jump to the US last June, Revolut is entirely app-based and doesn’t operate any brick-and-mortar locations. That means you can sign up for an account and a debit card in just a few minutes right from within the app. That account is insured for up to $250,000 by the FDIC.
Mobile-only banks like Monzo and Starling have been hugely successful in the UK, as has Revolut across Europe. Monzo has taken a slow approach to its US launch, rolling out gradually across the US, but Revolut is available for everyone in the US starting today.
Revolut itself…
