Revolut: could allegations of Russian involvement sidetrack a fintech revolution?

Revolut has been one of the biggest disruptors to the banking industry in recent years. The fintech company is intent on revolutionising international payments – and it has.

With traditional banks, international payments are monopolised by the Swift system. Customers pay a hefty fee for transfers, which very often do not require any effort on the part of a bank. Instead, Revolut offers an easy-to-use wallet which enables a customer to transfer money between currencies, free of charge. A wallet can include US dollars, UAE dirhams, as well as cryptocurrencies like bitcoin and ethereum.

Read More.. Source The Conversation