The British payment service provider Revolut has recently added the Cryptocurrency XRP (Ripple) and Bitcoin Cash. In order for the Bank an alternative to in the crypto area wider. Only the Start-up of a Series had completed C round of Investments that washed a total of 250 million US-dollars in the coffers.
The Fintech Start-up based in London, provides various payment services. Including a Prepaid debit card, the exchange of Fiat currencies, exchange Fiat into crypto and Peer-to-Peer transactions. In addition, Revolut transaction or currency exchange charges no fees. Thus, it has managed, the provider of financial services, to develop an Alternative to banks, such services also offer.
On the Revolut App, users were able to access so far in 26 national currencies, as well as three crypto currencies, and cross-transactions. Now the crypto assortment of Bitcoin, Ether, and Litecoin is the crypto-Ripple and Bitcoin Cash currencies expanded.
Demand for crypto-currencies grows
Revolut-CTO Vlad Yatsenko, said that the demand for both crypto-currencies “overwhelming”. Revolut allows people to invest with little or no Expertise in crypto-currencies, because the App buys the Coins in your order. This is a simple way for consumers to generate profits to trade without participating.
The company, originally as an app-based toll-free payment and exchange service provider for Fiat currencies is known, so is becoming stronger crypto-currencies. Only in December of last year, the use of Bitcoin, the App has been added. The success was so resounding that you decided to continue on this path.
Funding of 250 additional million
In addition, the ingestion of a total of 250 million US dollars in a Series C round announced Revolut. The cash injection gives the company with completely new possibilities, even wider. In addition to the Advance of the crypto-offer Revolut plans this year to take the step in the USA, Canada, Singapore, Hong Kong, Australia and new Zealand. The workforce is to be expanded in the areas of technology and Design.