8 years ago
Revolut Launches Premium Subscription and Raises $5 Million on Seedrs
Revolut, a fintech startup, is launching a premium subscription service for £6.99/€8.50/$8.50 per month in 42 European countries
Premium users will get unlimited interbank foreign exchange, free card replacements, global medical insurance, and better support
Revolut is also raising $5 million on equity crowdfunding platform Seedrs, which will be part of a larger Series B round.
ProblemFinancial Services
"International money transfers and spending abroad are expensive due to fees charged by banks and traditional financial institutions."
Solution
"Revolut offers a mobile app that allows users to manage their money, send and receive payments, exchange currencies and spend money abroad at low or no cost."