Revolut still explodes the counters. The online bank announces that it has surpassed the milestone of 50 million customers worldwideincluding 4 million users in France. A look back at an impressive success.
A cheeky success for Revolut
The growth of the British company’s customer base is dizzying. This year, Revolut reports having recruited 10 million new users across the globe. Enough to value the company at $45 billion.
She now openly dreams of becoming the “first world bank” and to reach 100 million customers thanks to the introduction of innovative services which will gradually transform it into “main bank” of its users.
As one can imagine, Nik Storonsky, CEO of Revolut, has reason to be happy about this good news. He emphasizes thus:
Revolut exists for one reason: to make money management easier, for everyone, everywhere. This year, we’ve made huge progress and broken records, accelerating the speed at which we launch products and continuing to reinvent financial services in every corner of the globe.
And the manager added: “We are moving forward at an unprecedented pace, recognizing the immense opportunity before us to transform financial services on a global scale for our clients. »
A hit in France
As we recently told you, Revolut is enjoying growing popularity in France. This is reflected in the fact that the fintech application has risen to the top of the most downloaded banking services in France ahead of behemoths in the sector, such as Boursobank and Crédit Agricole.
Its marketing strategy hits the mark. We also mentioned in our columns a partnership with the NBA and certain renowned influencers, such as Léna Situations and Squeezie. The company is taking care of its French market by opening a branch and investing no less than 100 million euros in France.
Finally, note that the neobank has also launched services that could overshadow its traditional rivals and establish its credibility. Revolut also shook up the French savings market by launching an innovative solution last October: a savings account with daily remuneration. This offer stands out for its advantageous conditions, in particular an interest rate which can reach 3.25% gross annually (variable depending on the type of subscription), up to 100,000 euros.
The originality of this formula lies in its operation: interest is not only calculated but also paid daily, allowing savers to follow the progression of their capital day after day. If the rate is likely to change and the gains are subject to the Single Flat-rate Withholding (PFU), unlike the tax-exempt Livret A, this account represents an interesting opportunity for savers seeking to optimize their returns beyond traditional solutions. traditional savings. The arrival of real estate loans is also a good signal for its activity.
To find out about the successes and challenges of British society in France, do not hesitate to reread our previous article here. And to discover all of REVOLUT’s services, click here:
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