London-based neobank Revolut has announced it has surpassed 30 million users which is good news for it but not so good news for those of us desperately trying to invite new friends and family on the platform so we can get our 'reward' of €40/50/60 when they start spending through the app - with rising numbers our opportunities are getting slimmer!
Talking about slim opportunities...The Telegraph reported last month that the Bank of England plans to reject Revolut's bid for a banking licence - while this will not have an impact on current UK services, where it has 6.8 million customers, it does mean that it will not be able to offer mortgages and loans to UK customers.
Anyway, back to those customer numbers...since it was founded in London in 2015 the neobank has garnered over 30 million retail customers making 400 million transactions a month.
“Revolut is growing at almost one million customers per month. This is a fantastic achievement for the company and reaching 30 million customers is another important milestone we are immensely proud of as we continue to grow and scale at pace,” says Nik Storonsky, co-founder & Chief Executive Officer.