Revolut exists to simplify all things money. The financial technology company’s banking and e-money services give people and businesses more control over their finances, and offer data-driven insights and personalisation that empower their customers to make smarter decisions about how they spend, send and save their money.
Established in 2015 in the UK, Revolut offers transfers and foreign exchange that are faster and cheaper than legacy banks. Eight years later, over 35 million retail customers in over 40 countries around the world use Revolut to manage their finances across an ever-growing suite of powerful and easy-to-use products.
When looking for an eKYC vendor, Revolut had three key criteria:
- Regulatory compliance in Revolut’s respective jurisdictions
- Quality of product and service at scale
- Credibility in the market and benchmarking to other fintechs
