
British online Bank Revolut, engaged in cryptocurrency, announced its plans to expand this year to the markets of North America and the Russian Federation.
The co-founder and CEO of the startup Nikolai stanski said that "in the US now there are 60'000 potential customers on the waiting list." Bystander announced plans to launch in the US and Canada during the Techcrunch Disrupt conference, noting that his "company intends to start issuing its cards no later than December."
In addition to debit cards, Revolut offers through its application to have an account and the ability to transfer and spend money on a global level, using the exchange rate, excluding commissions. The service also offers cryptocodon and supports buying, storing and selling of the cryptocurrency. The company claims that the assets are stored offline, in cold storage.
In August, the digital Bank launched the Revolut Metal contactless card, which has higher withdrawal limits and offers storage of both Fiat money and cryptocurrency. Earlier this summer, this British startup with Russian roots announced its intention to enter the Russian market, promising to issue multi-currency cards and offer "low-cost, interest-free services by the end of 2018."
The company plans to use the platform of the Russian payment processor Qiwi and comply with the local law, which requires the implementation of customer identity verification procedures (KYC). According to media reports, the Russian card "Revolut will support payments and transfers in 130 currencies and will be served in all ATMs".
Link to information resource - https://altstake.io/news/kripto-startap-revolut-sobiraetsya-pokority-ameriku-kanadu-i-rossiyu