Boosting its workforce amid aggressive expansion plans will likely help Revolut avoid scandals in the future:
. For its expansion plans, Revolut has partnered with Visa, which will power 75% of Revolut's cards moving forward.The neobank currently has 1,500 employees and caters to over 8 million customers, who hold an average of around €1,000 in their accounts; of note, Revolut it reached 7 million users at the start of September, indicating rapid user growth. It wants to expand from its current markets in Europe and Australia to eight new ones this year, including Brazil, Russia, Japan, and the US.
Expanding into new markets will likely take plenty of resources — and a stronger workforce will help support these plans. Revolut will either have to get licensed in the new markets or partner with existing banks in the countries to leverage their banking licenses. Additionally, it'll need more staff, such as developers, in order to tweak its offering for the different markets and adjust its app to ensure that it captures the unique demands of consumers across different regions.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
UK fintech unicorn Revolut is hiring 3,500 staff as part of a global push with VisaBritish-based digital banking app Revolut is hiring as it expands into 24 new markets thanks to a new global deal with payments giant Visa.
Weiterlesen »
Exclusive: Fintech firm Revolut to hire 3500 staff in global push with VisaBritish-based digital banking app Revolut is set to hire around 3500 staff as it...
Weiterlesen »
Revolut targets Gen Z with new children's spending cardICYMI: Revolut's child spending card demonstrates how the company is trying to lock in Gen Z by building up brand recognition and banking habits early:
Weiterlesen »
Now we know the stock market won’t care if Trump falls'We’re seeing the clearest signs yet that markets may not have Trump to kick around for very long — and they don’t care much.' -- TimMullaney
Weiterlesen »
European markets seen slightly higher amid hopes over US-China trade talksEuropean stocks are set to open slightly higher Tuesday morning, as some market participants remain hopeful about the possibility of a breakthrough in upcoming U.S.-China trade talks.
Weiterlesen »
Fintech unicorn Revolut's losses double as it pushes for global expansionRevolut said it recorded a £32.8 million loss after tax in 2018, while revenues rose more than 350% to £58.2 million.
Weiterlesen »