Digital banking platform Revolut will launch a simplified version of its app in Chile, Sri Lanka, Ecuador, Azerbaijan and Oman.
With the application, customers can send money to more than fifty countries and in more than thirty currencies.
The London-based company said there are no fees for customers making transfers to other Revolut customers, while transfers to accounts held by non-Revolut customers in the five new countries will incur a one percent fee, with a minimum amount of one US dollars will be charged.
Revolut, which has expanded its product range to include payment services, crypto trading, savings accounts and stock trading since its UK launch in 2015, aims to build a global financial super-app. The platform, which has more than eighteen million customers and 500,000 businesses using its products, said it aims to be present in as many as ninety countries by the end of 2022.
With the application, customers can send money to more than fifty countries and in more than thirty currencies.
The London-based company said there are no fees for customers making transfers to other Revolut customers, while transfers to accounts held by non-Revolut customers in the five new countries will incur a one percent fee, with a minimum amount of one US dollars will be charged.
Revolut, which has expanded its product range to include payment services, crypto trading, savings accounts and stock trading since its UK launch in 2015, aims to build a global financial super-app. The platform, which has more than eighteen million customers and 500,000 businesses using its products, said it aims to be present in as many as ninety countries by the end of 2022.