Revolut to Disrupt South African Banking
Revolut, a fintech disruptor, plans to launch in South Africa as part of its global expansion into emerging markets.
The London-headquartered company, founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, offers a range of financial services, including a prepaid card with low-fee foreign exchange services and a full-fledged financial "super app".
Revolut's services include a business banking product with multi-currency accounts, corporate cards, and expense management tools, tailored to different segments in each of its 160 operating markets.
Revolut has evolved to a full-fledged financial "super app"
Following its announcement to launch a payments platform in India, Revolut is set to enter the South African market, poised to further disrupt the local banking sector.
Author's summary: Revolut expands into South Africa.
More News
- Melatonin users have 90% higher chance of developing heart failure, twice as likely to die: New study | Mint
- Heat beat Hornets 126-108 in NBA Cup opener after record first quarter
- I'm Both Terrified and Impatient for Pennywise to Show Up on 'Welcome to Derry'
- NBA Cup: Bucks beat Bulls, Giannis Antetokounmpo scores 41 points
- Sophia Laforteza in shock over Katseye's Grammy noms: 'I'm dreaming'
- Roman Siulepa finds groove as Pitt go 2-0 | Basketball.com.au