Simpler.’s Post

Revolut's secure payment tools have revolutionized the checkout process for its 35 million global customers. With just one click, customers can now complete their transactions, leading to higher conversion rates and increased authorisation rates. Join the financial technology revolution with Revolut. Book a meeting with me to find out more. #finance #cfo #revolut #banking #financegoals #tech

Revolut FREE is now... Paid! 💸 Or "If you can't upsell your customers from Free to Paid... well, just change the price from 0 to 10 EUR! " hey, we're Revolut and we're doing our usual Terms and Conditions updates. Nothing serious though, you're enjoying more functionalities. Ah, did we mention that your Basic plan that was free until now, it's now 10 EUR/month? 😨 Wow, so many things come to mind reading a simple email: ✔ No, Freemium is not always profitable and upsell is difficult. Time to go the "hard way"? ✔ Pricing transparency is a thing! Can you really slip in a "0 to 10" price increase among a dozen of other T&C points in a mail that really looks like "I am a compliance email, no need to read me"? ✔ Not a whatever increase. Arguably, a 0 to 10 increase is not the same than a 10 to 20 increase. You're changing not only the price, but the very fact that you're now expecting money! ✔ This particular email was targeted at one of my businesses and not me as a consumer, so likely many of the EU safeguards thoughts for consumer (eg Consumer Rights Directive (2011/83/EU), Article 6) will not apply. However, the e-commerce directive (2000/31/EC art 5) do. I have doubts on the legal grounds of this practice. Interested to know what people think about this #pricing #freemium #pricingtransparency

I am thrilled to share that Revolut has become the most downloaded finance app in the UK and Europe! 🚀 This achievement reflects the incredible trust and support from our amazing community. Highlights from 2023 Annual Report: - 📈 45M customers worldwide as of June 2024 - 🏆 #1 finance app by downloads in 11 countries - 🌍 Now in 38 countries, with recent launches in New Zealand and Brazil - 💰 $2.2B in revenue, a 95% increase from 2022 - 🏦 $545M profit before tax - 🌟 Net profitable for the third consecutive year - 🏢 10,000 employees as of April 2024 - 🔒 $23B securely held in customer balances - 🛡️ $590M saved in potentially fraudulent transactions Thank you to everyone who has supported us on this journey and all my colleagues for making the #dreamteam a real thing. Our culture is what drives us to innovate and grow. Here's to more milestones and successes ahead! 🎉 For more details, check out Revolut annual report: [Annual Report](https://lnkd.in/dJ-Bdnae) #Revolut #Fintech #Growth #Innovation #AnnualReport2023 #Finance ---

Paying bills shouldn’t cost time. We’ve just launched Revolut BillPay - a faster way to pay your bills. No more jumping between apps and manual data entry — just connect your accounting app or upload an invoice in-app, automatically create a draft transfer, hit send, and your work is done. Pay globally with custom approval rules and close your books fast. Interested in learning more about Revolut (Revolut Business)? Drop me a message.

Revolut is the most downloaded finance app in the UK and Europe...Downloads don't lie. I am normally asked questions about market dynamics, competition, incumbents vs digital natives, etc. Normally I answer pointing at comparable undisputable metrics, of the them been downloads. Product pull (70% of customers coming through word of mouth) translating into Revenue growth and profitability growth is the best prove of a strong business model. #Revolutgrowth #Revolut

Did you know the new Revolut Terminal comes with Revolut Pay built-in? But how does this benefit you and your customers? We’re glad you asked… With Revolut Pay, your customers can pay directly from their Revolut account. With each purchase, they can earn RevPoints, and redeem existing points for discounts. You don’t have to pay anything extra to reward your customers — this loyalty programme is totally funded by Revolut. Meanwhile, you’ll keep your costs low as you bring in more business. Revolut Pay fees are just 0.5% + £0.02 per transaction on your Terminal. Learn more — and get a special discount when you pre-order your Terminal before 31 October: https://lnkd.in/dmm32NuB T&Cs apply: https://lnkd.in/dtEP5WhX

Another huge year for Revolut with our 2023 Annual Report just released. Some key highlights below ⬇ : 🤝 45M customers worldwide, as of June 2024 🏆 #1 finance app by downloads in 11 countries 🌍 We’re in 38 countries, following launches in New Zealand ❤️❤️ and Brazil 💰 $2.2B revenue, up 95% from 2022 📈 $545M profit before tax 🪙 Net profitable for the 3rd year in a row 🏦 10,000 employees, as of April 2024 🔐 $23B securely held in customer balances 🛡️ $590M saved in potentially-fraudulent transactions Can't wait to be part of what's coming next 🚀

Revolut is the most downloaded finance app in the UK and Europe 🚀 Thanks to your trust and support, we hit new heights in 2023 — from new products and services, to record revenue and net profit. Some highlights from our 2023 Annual Report: 🤝 45M customers worldwide, as of June 2024 🏆 #1 finance app by downloads in 11 countries 🌍 We’re in 38 countries, following launches in New Zealand and Brazil 💰 $2.2B revenue, up 95% from 2022 📈 $545M profit before tax 🪙 Net profitable for the 3rd year in a row 🏦 10,000 employees, as of April 2024 🔐 $23B securely held in customer balances 🛡️ $590M saved in potentially-fraudulent transactions More details: https://lnkd.in/dkqegNRA

I don’t get why Revolut launching a new terminal offering has been met with scepticism in some quarters.👇 Yes, it is already a very, very crowded market, but the reality is that it isn’t just a normal standalone terminal and people need to bare that in mind. 👉 It accepts Revolut Pay for a start, bringing Pay by Bank out of the box for Revolut customers, with associated loyalty rewards for opting to pay this way (in case the question of 'what’s in it for me’ comes up again). 👉 It offers 24 hour settlement for Revolut business account customers (and they will no doubt obtain some new business banking customers via that upsell). T+1 is becoming a more mainstream offering anyway in retail, but many acquirers have caveats around who they offer it to, or they charge for it. 👉 It supports 19 end to end settlement currencies, again out of the box. Something that is definitely not supported by many providers at the click of a button. 👉 It has a POS application that works with an iPad. Ok, that’s fairly standard these days, but it’s there nonetheless. I’m pretty sure the reporting tool will be strong as well, as Revolut don’t tend to mess around with UI/UX. With Stripe also starting to add more bells and whistles to their POS offering, NomuPay offering an amazing unified commerce solution in APAC and Revolut now stepping up their game, the battle for POS supremacy seems to be back. 👀

Revolut Pay gives Aer Lingus customers a first-class checkout experience: Revolut Pay is a secure payment method that allows Aer Lingus customers to complete the checkout process in a single click. Aer Lingus customers can book flights without inputting their payment details, by clicking Revolut Pay at checkout on the Aer Lingus website and app. Customers can then approve the payment securely in their Revolut app – which is protected by their passcode or biometric ID. Susanne Carberry, Aer Lingus Chief Customer Officer said: “Revolut Pay allows our customers to make payments quickly and securely. It marks another step on our digital transformation journey.” Revolut’s general manager of merchant acquiring Alex Codina said that there is “tremendous potential” to improve both customer experience and operational efficiency in travel. "Partnering with a trusted, market leading brand like Aer Lingus is a key step towards further transforming payments in this industry,” he said. Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]  #fintech #neobank #banking #bankingindustry #revolut #payments #paytech #digitalpayments #digitalbanking #fintechindustry #financialtechnology #fintechnews