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FWIW, revolut appears to be aimed st selling different (probably lower overhead) services. Their premium accounts offer higher withdrawal limits, but they also
by md_ 8y ago
FWIW, revolut appears to be aimed st selling different (probably lower overhead) services. Their premium accounts offer higher withdrawal limits, but they also sell cellphone insurance, etc.
Still, as a skeptic, I can’t shake the thought that they’re just building market share at low profitability based on VC overexuberance.
- Semaphor 8y agoN26 offers loans, insurance managing (both via 3rd party but integrated) and premium accounts as a way for them to make money.