For business accounts specifically, Revolut also offers corporate cards for employees to spend abroad, individual EUR and GBP IBANS for businesses and open API to automate payments and (possibly) connect platforms such as Xero and Stripe. Here is everything we know – and what you should know too – about Revolut so far. Revolut was founded by Nikolay Storonsky and Vlad Yatsenko. ‘Premium’ accounts can also access: exclusive card designs, overseas medical insurance, airport lounges, 24/7 support. Graduated from Kyiv National Economic University as an economist, then from Kyiv National Theatre, Cinema and Television University as a producer. To get an idea of Revolut’s objective, you only need to look to the founder’s mission statement: to turn the financial banking sector on its head. The company was founded in July 2015 by Nikolay Storonsky and Vlad Yatsenko. In July 2017, Revolut bagged a massive $66m for it’s Series B round led by Index Ventures. Revolut employs around 350 people at the moment, (but this growing at around 15-20 people per month), across offices in London, Krakow, Moscow, St Petersburg, Vilnius, Berlin, Paris and Barcelona. He then took a job as a trader at Credit Suisse and Lehman Brothers before launching Revolut. Essentially, to act as a banking alternative for people and businesses. | Since the beginning, Revolut’s aim has been to. Vladimir Yatsenko was born in Donbas, Ukraine. Revolut cofounders Vlad Yatsenko, left, and Nikolay Storonsky. Official Sites, View agent, publicist, legal and company contact details on IMDbPro. Keep your little bookworms engaged outside of the classroom with our selection of the very best literary adaptations. That’s not enough for the company; moving forward, it hopes to take on North America, Middle East, Asia and Australasia. Hold and exchange 25 currencies in the app. He spent 10 years building financial systems for tier one investments banks, including senior java developer at UBS Investment Bank and as an app developer at Deutsche Bank. 350 people at the moment, (but this growing at around 15-20 people per month), across offices in. To get an idea of Revolut’s objective, you only need to look to the founder’s mission statement: to turn the financial banking sector on its head. Enhanced security with ability to enable/disable contactless payments, swipe payments etc. Graduated from Kyiv National Economic University as an economist, then from Kyiv National Theatre, Cinema and Television University as a producer. Revolut is currently applying for a banking licence in Lithuania, but in the meantime it is regulated by the European E-Money Licence and regulated by the Financial Conduct Authority (FCA). One of Revolut’s latest ventures is to allow customers to buy, hold, exchange and transfer (internally) bitcoin, litecoin and ethereum. For a company that is just three years old, its success is quite astonishing; it’s raised a substantial $340m to date. CEO Storonsky studied physics at the Moscow Institute of Physics and Technology, followed by Economics at the New Economic School. I thought of the business three years ago. The digital challenger bank made headlines yet again after it landed a whopping $250m in a Series C round led by DST Global, becoming the latest tech company to gain ‘unicorn’ status. I was travelling a lot and wasting hundreds of pounds on foreign transaction fees and exchange rate commissions which just didn’t feel right. Coming up next, the company hopes to offer merchant accounts. £1.5m in investment the same month it launched, followed by a £1.5m Seed in February 2016. LinkedIn is the world’s largest business network, helping professionals like Vladyslav Yatsenko discover inside connections to recommended job candidates, industry experts, and business partners. Revolut’s Series A then came from Balderton Capital in July 2016, adding an extra £6.8m to its pot. Whatever the future holds for Revolut, with more than 1.8m customers and 6,000 – 8,000 new ones per day undertaking more than 70m transactions, it is clearly filling a demand for banking beyond the traditional institutions, but it’s growth is largely attributed to Storonsky’s ethos, which has been branded ‘utilitarian’. Send free domestic and international money transfers. Spend abroad with no fees in over 130 currencies with a contactless MasterCard or Visa.
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