Revolut, a US $ 5.5 billion financial application, enters the US market

Revolut, a London-based fintech company, has officially entered the US market, and its applications supporting cryptocurrency and stock trading services are available for download and use by all residents in the United States. Revolut aims to replace traditional banking services with financial services, and currently has more than 10 million customers, mainly in the UK and Europe. Revolut said it plans to launch “commission-free stock and cryptocurrency trading services to compete with trading platforms such as Robinhood” in the future. Currently, Revolut’s application supports commission-free one-click foreign currency exchange services. Lianwen previously reported that Revolut announced in February this year that it had completed a $ 500 million Series D financing led by venture capital agency TCV at a valuation of $ 5.5 billion. Other investors include DST Global, Index Ventures, Balderton Capital, and others.