Revolut enters Latin American market.
The digital bank Revolut, working with cryptocurrency investments across Europe, is expanding its operations to the Latin American market.
Now it will be available for businesses in Brazil to meet the growing demand for cryptocurrencies. According to the bank’s statement, around 10 million people in Brazil are already using cryptocurrencies.
“Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently,” CEO Nik Stronsky said. “We will start with the global account and crypto investments, but this is just the beginning.”