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Revolut launches new bank locally, with over 190,00 customers

Revolut, the global financial platform with over 15 million customers worldwide, has operationalised its European specialised banking license on our shores!

As it stands, Revolut has recorded over a whopping 190,000 customers in Malta, and is confident that their range of products and services will provide Malta with more control, value and security than the traditional banks we’re used to. Customers living in Malta are now able to upgrade to Revolut Bank with additional services from within the app itself.

“Revolut is now the fastest growing Fintech company in Europe because we put the customer at the heart of everything we do. Our product design is second to none, we have no hidden fees, and we are constantly building new and innovative financial products,” said CEO of Revolut Bank Virgilijus Mirkes.

“Launching the bank in Malta will provide a greater level of security and confidence for our customers, and will enable us to launch a host of new products and services in the near future,” he continued.

According to Revolut Group, they raised almost $1 billion in investment, and was most recently valued at $5.5 billion! During their five years of operation, Revolut has attracted more than 15 million customers worldwide. Just recently, in 2020, Revolut launched its specialised bank in Poland and Lithuania, offering highly competitive credit products in both places. A specialised bank license would allow Revolut Bank to provide limited banking services via the Revolut app along with a variety of financial services and products.

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