Lord777
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OURS made a real financial revolution and turned the whole world of finance! And this is not an exaggeration. In this post, I'll tell you about the startup REVOLUT and how it bent all the classic cans of Europe's rotting granny.
Introduction
Chances are you've already heard of a company called Revolut. It was the classic jumbled headline of how two guys from Russia and Ukraine created a startup unicorn and became billionaires. That's all. What their project is, you probably have no idea. This is because Revolut operates primarily in Europe and recently launched in the United States. I drew attention to this company while communicating with one of my European comrades, who is just an active user of their services. And as it turned out, in Europe everyone is on REVOLUT. Well, at least the youngest and most progressive. The case of our guys' success seemed quite interesting to me, so I hasten to share it with you. As for me, a rather entertaining and instructive story.
History
Revolut is not a fairy tale about Cinderella. The ideological founder of the project, Russian Nikolai Storonsky, began his path in the world of finance back in the early 2000s. He graduated from the Russian School of Economics and then worked as a trader at the notorious Lehman Brothers bank in London. Then the crisis of 2008 came, the bank went bankrupt and Nikolay went to work at Credit Suisse. Working in major world banks allowed Storonsky not only to earn a good "safety cushion", but also to get an idea for his future brainchild. Initially, Revolut was conceived as a multi-currency bank card that would allow you to convert currency while traveling at a favorable rate. Well, what she eventually became, I'll tell you now. Nikolay invested 300,000 pounds of personal savings in the project, invited the Ukrainian programmer Vlad Yatsenko to the project and away we go.
What is Revolut?
At its core, REVOLUT is a bank. But at the same time, it is not just a bank. This is a financial service that offers those financial opportunities that European users never dreamed of. The first is, of course, convenience. To say that there was no convenient mobile banking in Europe before the advent of Revolut is to say nothing. Revolut is a simple and functional mobile banking application through which you can conveniently make money transfers, convert most world currencies, and with a low commission. But as for me, the main feature of the service is investment. In just a few clicks, you can buy gold, stocks, crypto, and then sell and transfer all the money to the main account at any time. You don't need any exchanges, let alone brokers.
Is it better with us?
Pfft, no wonder you say, I can also easily do the same through Tinkoff and Alfa Bank. I am sure that the residents of Ukraine have mobile banking as well. And it is true. Perhaps Revolut has several unique features, like a one-time virtual card, but it hardly went far away from domestic mobile banks, which appeared much earlier.
Outcome
Where am I leading all this. Our people are far from backward and much more progressive than the Europeans in most aspects. This is proved by the fact that a couple of young guys from the CIS flew into the European financial services market with two legs and showed local bankers what a convenient mobile service is. The main difference between us and Europe is that their system works. Everyone clearly understands how the state works, where and why taxes go, and thanks to this, everything is stable and good for them. We all want each other on% @ at. Nevertheless, our potential is much higher, so we can safely roll out our business models to the European market and make fortunes on this. So, develop, my dears, and I hope that someday one of my subscribers will be able to launch their successful unicorn in the West. Even though it is rotting.
Introduction
Chances are you've already heard of a company called Revolut. It was the classic jumbled headline of how two guys from Russia and Ukraine created a startup unicorn and became billionaires. That's all. What their project is, you probably have no idea. This is because Revolut operates primarily in Europe and recently launched in the United States. I drew attention to this company while communicating with one of my European comrades, who is just an active user of their services. And as it turned out, in Europe everyone is on REVOLUT. Well, at least the youngest and most progressive. The case of our guys' success seemed quite interesting to me, so I hasten to share it with you. As for me, a rather entertaining and instructive story.
History
Revolut is not a fairy tale about Cinderella. The ideological founder of the project, Russian Nikolai Storonsky, began his path in the world of finance back in the early 2000s. He graduated from the Russian School of Economics and then worked as a trader at the notorious Lehman Brothers bank in London. Then the crisis of 2008 came, the bank went bankrupt and Nikolay went to work at Credit Suisse. Working in major world banks allowed Storonsky not only to earn a good "safety cushion", but also to get an idea for his future brainchild. Initially, Revolut was conceived as a multi-currency bank card that would allow you to convert currency while traveling at a favorable rate. Well, what she eventually became, I'll tell you now. Nikolay invested 300,000 pounds of personal savings in the project, invited the Ukrainian programmer Vlad Yatsenko to the project and away we go.
What is Revolut?
At its core, REVOLUT is a bank. But at the same time, it is not just a bank. This is a financial service that offers those financial opportunities that European users never dreamed of. The first is, of course, convenience. To say that there was no convenient mobile banking in Europe before the advent of Revolut is to say nothing. Revolut is a simple and functional mobile banking application through which you can conveniently make money transfers, convert most world currencies, and with a low commission. But as for me, the main feature of the service is investment. In just a few clicks, you can buy gold, stocks, crypto, and then sell and transfer all the money to the main account at any time. You don't need any exchanges, let alone brokers.
Is it better with us?
Pfft, no wonder you say, I can also easily do the same through Tinkoff and Alfa Bank. I am sure that the residents of Ukraine have mobile banking as well. And it is true. Perhaps Revolut has several unique features, like a one-time virtual card, but it hardly went far away from domestic mobile banks, which appeared much earlier.
Outcome
Where am I leading all this. Our people are far from backward and much more progressive than the Europeans in most aspects. This is proved by the fact that a couple of young guys from the CIS flew into the European financial services market with two legs and showed local bankers what a convenient mobile service is. The main difference between us and Europe is that their system works. Everyone clearly understands how the state works, where and why taxes go, and thanks to this, everything is stable and good for them. We all want each other on% @ at. Nevertheless, our potential is much higher, so we can safely roll out our business models to the European market and make fortunes on this. So, develop, my dears, and I hope that someday one of my subscribers will be able to launch their successful unicorn in the West. Even though it is rotting.
