Digital banking platform Revolut launches in five more countries

LONDON: Digital banking platform Revolut said it was launching a streamlined version of its app in Sri Lanka, Chile, Ecuador, Azerbaijan and Oman, allowing customers to transfer money to over 50 countries using more than 30 currencies.
The London-based company said there would be no fee for customers transferring to other Revolut customers, while transfers to non-Revolut accounts would incur a 1 percent fee, with a $1 minimum, in the five new countries.
Revolut, which has grown its range of products to include payments services, crypto trading, savings accounts and stock trading since launching in Britain in 2015, has said it wants to build a global financial “super app”.