Revolut launches an in-app educational module in Singapore to advance financial literacy


Revolut, the global financial super app with more than 20 million customers worldwide, is taking another step forward towards its mission of bringing customers the best financial products and services to manage their money.

Revolut’s new ‘Learn’ feature provides education courses and warnings in language that is clear, concise and easily understandable. The feature is aimed at enhancing customer protection by better informing them about the specific risks, nature and characteristics of cryptocurrency. For example, by highlighting the potential for significant changes in prices within a short period of time, Revolut wants to spread the message to customers that investing in cryptocurrency is not suitable for everyone. The courses are available to Revolut customers, who can receive a nominal reward by taking these short and simple courses and passing a quiz.

‘Crypto Basics’ is the first of two courses and helps educate customers on what cryptocurrencies are compared to fiat money; the meaning of a  ‘decentralised system’; cryptography; the mechanics of the blockchain technology; and the risks associated with crypto investments.

The second course is based on the multichain network Polkadot, and how it unites blockchains into Web3 – the decentralised internet. The course will use visual materials including interactive cards and videos to share Polkadot’s use cases, Polkadot’s governance system, and the Polkadot ‘Relay Chain’, the central chain used by the Polkadot network that allows specialised and public blockchain to connect in a unified network.

Emil Urmanshin, Crypto General Manager at Revolut, said: “There’s a huge appetite from our customers to learn more about cryptocurrencies. ‘Learn’ will help them better understand the trends, risks and potential opportunities associated with Crypto.”

Raymond Ng, CEO of Revolut Singapore, said: “This feature reaffirms our commitment to educate our customers on the risks and potential of cryptocurrency and blockchain technology so they can make informed decisions of their involvement in this space.”

Revolut plans to add more courses to ‘Learn’ this year to enable more people to take better control of their finances and give them access to new tools and services. Revolut believes that this new feature will help to reinforce consumer advisories from regulators about the significant risks of cryptocurrency and the need for consumers to act with extreme caution when investing in such risky digital assets.

Revolut is committed to building awareness and trust with its customers through education that is aimed at improving their understanding of its products and services, particularly in risky assets such as cryptocurrency. In addition to regularly communicating the extreme price volatility risks to customers, Revolut also reminds its customers to consider their personal circumstances and review multiple independent sources before investing in cryptocurrency. Through ‘Learn’, Revolut hopes to empower its customers to take actions that contribute to their short  term and enduring financial well-being and resilience.


Revolut Singapore obtains Capital Markets Services licence from the Monetary Authority of Singapore


Revolut, the global FinTech with more than 16 million customers worldwide, has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This will allow the financial super app to launch its stock trading feature to its customers in Singapore and beyond, giving them the opportunity to invest in over 1,000 US listed stocks on the NYSE and NASDAQ.

Revolut expects to roll the service out to its Singapore customers in the first half of 2022. Once available, customers will have the opportunity to buy fractional shares in US listed companies for as little as US$1, giving them access to stocks from companies like Amazon, Tesla, Coca-Cola, and Apple.

There is no account minimum required to invest via Revolut’s trading feature. Standard customers will be able to make three commission-free trades per month, Premium customers will be able to make eight and Metal customers will be able to make unlimited commission-free trades per month. Above these monthly limits trades will incur a small fee of US$1 per trade. Singaporean investors in US stocks benefit from a simplified user experience when trading via the Revolut app, as trades and currency conversions can be made fully within the Revolut app. It is free to set up a Standard Revolut account.

James Shanahan, CEO of Revolut Singapore said:
“This is a huge step forward in our mission to make financial services more inclusive, innovative and affordable. Investing through Revolut is low-cost, easy-to-use, and available to everyone, including those who wish to invest small amounts.

“We also see this licence as enabling the next phase in our ambition to roll out global products using Singapore as our hub. We are grateful for the robust assessment and continued support of the MAS, which differentiates Singapore and attracts world-class businesses.”

Besides Trading, Revolut Singapore is also looking to bring Commodities and Cryptocurrencies to its customers in the Republic subject to securing relevant approvals/licenses.

To set up a Revolut account, download the app from the Apple App Store or Google Play Store today.


UK-based fintech Revolut appoints Paroma Chatterjee as India CEO, as it kickstarts its entry into the country


Today the UK-based global fintech Revolut, valued at $5.5 billion last year, has announced the appointment of Paroma Chatterjee as its CEO in India, as the company continues to expand globally.

Prior to joining Revolut, Ms Chatterjee held senior executive roles at Lendingkart,, Flipkart and Airtel Money. She is a renowned leader in the fintech and consumer tech industry, and was named as one of the Top 25 Women Leaders in Financial Technology of Asia for 2020¹.

As the leader of the executive team in India, Ms Chatterjee will build and lead Revolut’s subsidiary in India, define and implement the business strategy, hire the team and manage licence applications and any potential acquisitions in the market.

Revolut is making a multi million pound investment in India over the next five years and has committed to the creation of 300 new jobs in the country to serve its global business operations. Revolut has recruited Heads of Operations and Legal for the country and is leveraging India’s strong talent pool to recruit across multiple functions including HR, Finance, Growth, Marketing, Recruitment, Compliance, Risk and Technology. The Revolut India subsidiary will also serve as an operations hub for Revolut’s global business, reflecting the skills and talent available in the Indian market.

Globally, Revolut has established itself as an innovative alternative to traditional banking products through its suite of digitally-enabled products across banking and business accounts, cards and payments, foreign exchange transfers and remittances, investments and trading, insurance and other financial services. Revolut India will look to introduce those products in the country that will help Indians to significantly improve the experience that we currently face in accessing and managing our personal finances.

Nik Storonsky, CEO and Founder at Revolut, said:

“With a wealth of experience in the fintech and consumer tech sectors and an outstanding track record, Paroma is an excellent fit for the role and her appointment is a major achievement in our continued mission to become the world’s first truly global financial superapp. We’re looking forward to transforming the way people in India access and manage their money as we bring our products and services to more people around the world.

India is a core market in our expansion strategy with a huge supply of talent, and we’re excited to tap into that talent pool to help Revolut go from strength to strength.”

Paroma Chatterjee, CEO India at Revolut, said:

“I couldn’t be more excited to join Revolut and become a part of this phenomenal growth journey. It is an honour and a privilege to be asked to lead the business for such a world-class company, in a country that presents one of the largest opportunities globally for Revolut. I look forward to building an exceptionally talented team and working with them, as we continue to develop superlative financial solutions for millions of consumers in India.”

“We will build the bank of the future.”

Revolut will be one of the first UK fintechs to reach India and can further deepen trade relations between both countries. Its launch in India is the latest step in its international expansion plans, following successful launches in Singapore and Australia in 2019, and the US and Japan in 2020. Revolut has also stated its plans to launch in a number of markets across South America and deepen its existing presence in Asia-Pacific.$15bn-with-$450m-series-c-fundraise,-accelerating-global-expansion Triples Valuation to $15bn with $450m Series C Fundraise, Accelerating Global Expansion, the leading Connected Payments™ solutions provider, today announced that it closed a $450 million Series C fundraising round. This gives the business a post-money valuation of $15 billion, making it the fourth largest fintech globally and EMEA’s most valuable venture-backed business(1), as the business continues to expand across the globe.

The Series C was led by Tiger Global Management, LLC, a New York-based technology investor that partners with dynamic entrepreneurs operating market-leading growth companies, including Facebook, LinkedIn, Spotify, ByteDance, and Greenoaks Capital also joined the round along with participation from existing investors Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore’s Sovereign Wealth Fund GIC.

Guillaume Pousaz, CEO and Founder of said: “Payments affect everything from the customer journey to a business’s ability to enter new markets or launch new products. This latest fundraise reflects our market-leading position and the size of our aspirations as we accelerate in our mission to empower merchants to build better products, drive more revenue and create innovative business models by reimagining interactions with financial services. Our new investors bring a wealth of experience across payments, technology and scaling companies – crucial knowledge for the next stage of our growth, as we continue to build our vision for the future of Connected Finance™.”

Investing in the Future of Payments

Research from McKinsey & Company highlights the scale of the payments opportunity, with total global payments revenue reaching just under $2 trillion in 2019(2). Meanwhile a recent report from in partnership with Oxford Economics(3) revealed the scale of the challenge that many merchants face, with $20.3 billion lost to false declines in payments in 2019 alone and more than $12.7 billion handed from first choice merchants to their competitors. Additionally, customers who gave up on their intended online purchase completely resulted in more than $7.6 billion of missed opportunity for merchants. addresses these issues by giving enterprise businesses the most proactive tools to drive best-in-class performance and more control through advanced data features, fraud management tools, and comprehensive reporting.

The fundraise comes as the global economy looks beyond the COVID-19 pandemic. While many organizations have historically relied on one-size-fits all payment systems, the need to drive improved performance, gain transparency across payments and extract valuable information from data is increasingly becoming a competitive differentiator.’s cloud-based unified platform enables merchants to manage payins and payouts at scale, while achieving better performance and improved acceptance rates globally. Leading ecommerce businesses such as Farfetch, Mango, Victoria’s Secret, L’Occitane and The Hut Group depend on for a fast, reliable, adaptable and safe platform that gives granular access to the data and pricing behind every transaction.

While’s profits from current operations will continue to be reinvested to power future growth, the new funding will be used to further grow its balance sheet and drive new innovative opportunities. With a total of $830 million raised within the last two years,’s readily available cash represents one of the strongest balance sheets across all global fintechs. This further strengthens the company’s resilience as a regulated entity in numerous markets and as the financial partner to its merchants. It also allows for continued strategic investments and product developments, like the Payouts solution which saw exponential growth over the last year. Unveils North American Headquarters

In addition to today’s Series C funding announcement, is announcing the opening of its New York City office. The company first launched in the U.S. in 2017 and has operations in San Francisco. Together, the bicoastal offices will power the organization’s ability to meet the growing demand in the U.S. for Connected Payments™ solutions, as increases its focus on serving U.S.-based enterprises in domestic, global and cross-border payments. The company is also announcing an office in Denver. Globally, will hire an additional 700 people across all its locations  in 2021.’s transformative approach to payments and payouts has garnered its reputation as the most trusted technology provider behind many of the most valuable fintechs and cutting-edge businesses, including Klarna, Revolut, Transferwise, Coinbase, and eToro. With a platform that can support both best-performing global payments and payouts, has become the backbone of the world-beating progressive business models, among the leading fintechs, streaming services, and marketplaces.

Scott Shleifer, Partner at Tiger Global Management said: “We are excited to partner with Guillaume and as they continue to build an innovative global payments and financial services platform trusted by leading internet companies. We believe the shift to digital commerce is still in the early stages, and’s focus on developing a best-in-class technology platform has positioned them to be a leader in the industry for years to come.”

In June 2020, announced its Series B which valued the business at $5.5bn and was led by technology fund Coatue Management. In 2020, it also announced the acquisitions of ProcessOut and PinPayments, as well as a strategic investment in Thunes.