London-based digital financial platform Revolut, in partnership with Visa, is set to launch in the Philippines soon.
Revolut offers a variety of digital financial services via its mobile application, including currency exchange, budgeting, person-to-person payments, all done and linked to a Visa card. Nikolay Storonsky, founder and CEO of Revolut, stated:
“We are excited to build upon our existing collaboration with Visa, the world’s leader in digital payments, which will bring to life our shared vision for seamless, innovative payment experiences. The new global agreement with Visa is timely for Revolut as we move into a number of new markets to offer even more consumers the control, flexibility and innovative features that our European customers have been benefiting from for years.”
Chris Clark, Visa’s Regional President in the Asia Pacific, added:
“We are excited to extend Visa’s partnership with Revolut to Asia Pacific. Working together, we will bring new financial services experiences to consumers across the region. Payments is evolving rapidly in our region and it’s great to have an innovative fintech partner like Revolut expanding here. We are looking forward to leveraging the power of Visa’s global network to support Revolut as they grow their business in Asia Pacific.”
Revolut’s global expansion will launch initially in Australia, Brazil, Canada, Japan, New Zealand, Russia, Singapore, and the United States. Following the initial rollout will be Argentina, Chile, Colombia, Hong Kong, India, Indonesia, Korea, Malaysia, Mexico, Philippines, Saudi Arabia, South Africa, Taiwan, Thailand, Ukraine, and Vietnam.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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Mariah Brookes Roldan says:
Please launch in the Philippines
Glads says:
Hello bakit wla pdin revolut dito satin? lagi nalang hndi inlcuded philppines, sucks to live here :(((
jokiz says:
wala pa rin to the pinas yugs. any alternative currently on what can be used with good rates in buying goods in usd/sgd?
Adrian says:
When will you launch in the Philippines??
Sha Lom says:
I used revolut here in Philippines, usually sa BPi ako nakakapag withdraw. Medjo mataas lang ang fee. And I remembered when I was in Thailand 🇹🇭 nagamit ko din ito.
clariz says:
when will you launch revolut at philippines to make consumer life easy?