Revolut has officially announced the lauch of Revolut app in Singapore.
The Revolut global community gains 30,000 new members today, as they officially go live in Singapore.
Singapore marks a major milestone for Revolut as their first entry into Asia.
In addition to welcoming thousands of new customers, they’re also looking forward to bringing more jobs and investment opportunities to the area.
The launch comes following a successful beta period, during which they learned a lot about what it takes to launch somewhere like Singapore.
Revolut aims to break down financial barriers for those who have traditionally gotten (as they think) an unfair deal when it comes to managing their money.
From now on, Revolut Singapore customers will be able to send/receive money to/from other Revolut customers in Singapore, the UK, Europe, and Australia, instantly and for free.
That, plus many of their most popular existing features, including:
Instant spending notifications, to know exactly what you’re spending, when, and where, in real-time with instant mobile push notifications that arrive before the receipt has finished printing.
Fairer overseas spending, in over 150 countries at the real exchange rate.
Free international ATM withdrawals , up to $350 a month on Standard, and up to $700 a month on Premium.
In-app currency exchange, hold and exchange 14 currencies, including: Singapore Dollar, U.S. Dollar, Australian Dollar, British Pound, Euro, and Thai Baht (United Arab Emirates Dirham, Norwegian Krone, Israeli Shekel, and more coming soon).
Convenient bill-splitting at the tap of a button, directly from the app.
Budgeting and analytics.