The fintech Revolut, has reported that it currently has more than one million users in the Iberian peninsula and specifically adds more than 600,000 in Spain and 500,000 in Portugal, reaching a total of 12 million customers worldwide, as indicated by the buyer of banking products HelpMyCash.
According to what is highlighted in the article, the new consumption habits by users during the so-called “alarm state” have generated an increase in the use of platforms such as Revolut.
“Throughout the year of 2019, 1.9 million purchases were made online with the Revolut card, while during the first months of 2020, more than 1.7 million transactions were registered.”
According to the statistics carried out by HelpMyCash, fintech users in Spain are located in the main cities such as: Madrid, Barcelona, Valencia, Seville, Zaragoza, Malaga and Alicante. And in Portugal they are located in: Lisbon, Porto, Braga and Coimbra.
The fusion of finance and technology has been an initiative that in current times has served as a boost for many companies that are developing their products, serving as a great initiative to revolutionize traditional banking.
K.Villarroel
Source: cointelegraph
