Revolut joins the Buy Now Pay Later party

Revolut, the popular high street bank alternative, has announced the launch of its take on Buy Now Pay Later. The feature lets customers pay for purchases up to €499 in interest-free instalments, putting the digital bank in direct competition to well known BNPL brands such as Klarna and Afterpay.

Buy Now Pay Later has been soaring in popularity in the last couple of years - even Tech giant Apple wants a piece of the pie, announcing Apple Pay Later at its Worldwide Developers Conference this year. With this latest announcement, Revolut joins Monzo and Curve as the only digital banks / fintech products to offer such services. Revolut Pay Later is currently only available in its Irish market and will start to be rolled out across other European countries in the coming months.

Revolut is a financial super app and popular choice as an alternative to traditional banking. It is regulated by the European Central Bank and offers services globally, including US, Australia and Japan beyond Europe. The app offers full-fledged multi-currency current accounts, savings account, credit card and more in selected locations. You can also invest in stocks, crypto or commodities with low and transparent fees.

Learn more by visiting the original source of this news article.

Related News

Curve introduces Metal

Curve, an "all-in-one" digital wallet solution that promises to be "the last card you'll ever need", announced this Thursday an official launch of Curve Metal, a new subscription that comes with an exclusive metal card. This is the second big product launch Curve had in the last year after launching Curve Flex in October 2021.

Dutch fintech bunq reports 6,5 million trees planted

Earlier this week, Dutch challenger bank bunq reported having hit a significant milestone of 6.5 million trees planted. The bank reports this effort is comparable to offsetting the CO2 that’s the equivalent of 2 million flights from New York to Paris.

bunq announces Update 18

bunq, the latest Dutch fintech unicorn, announces yet another major update to their app, labeled "Update 18". The presentation, which in pre-COVID times was always held live from a venue in downtown Amsterdam, will be digital-only and will take place on the 31st of August at 20:30 CEST.

Forbes Announced World's Best Banks of 2021

The results are in: Forbes announced the results of a grand survey performed in the last months. The winners of 2021 are: N26, a Berlin-based digital bank founded in 2013, the top-performing bank worldwide according to their research. It won awards in five countries, tying Citibank in overall awards, and placed as the top-ranked bank in Austria and Italy. The lender, which saw customers increase 40% to 7 million in 2020, placed #2 in France, #4 in Spain, and #13 in its home market of Germany.

Revolut launches a campaign to support Afghanistan

A UK-based fintech Revolut announced today they have successfully "partnered with two leading humanitarian charities to make it as easy as possible for people to donate and show their support." These charities are the United Nations High Commissioner for Refugees (UNHCR) and Save the Children. Revolut's existing users also got marketing communication regarding the initiative.