British neobank Revolut has officially launched its operations in Ukraine, giving Ukrainians the opportunity to open European accounts and use modern financial services. This was stated in the company’s statement on Facebook, according to Kommersant Ukrainsky.
“We are launching services for Ukrainians. On this occasion, we are presenting a special Clear Sky debit card,” Revolut reported.
What opportunities does Revolut open for Ukrainians?
Revolut users in Ukraine have gained access to the following features:
Instant free transfers between application users.
Opening European accounts in a few clicks.
Using identification through “Diya”, which increases the level of security.
The company has also launched a special Clear Sky debit card, which can be obtained by making a charitable contribution.
How to get a Clear Sky card?
To become the owner of an exclusive card, you need to follow a few steps:
Make sure that the Revolut application is updated to the latest version.
Go to the RevPoints section and make a donation from £5 (approximately 257.82 hryvnias).
The money will go to support the United Nations Refugee Agency (UNHCR), and Revolut will double contributions up to £200,000.
“Your donations will directly help provide essential services to those in need. We will double contributions up to £200,000, and UK for UNHCR will receive 100% of donations,” the company said.
What is Revolut and why is it popular?
Revolut is a British digital bank founded in 2015 by Vlad Yatsenko and Mykola Storonsky. Its uniqueness lies in the fact that it operates without physical branches, providing customers with a full range of financial services via a mobile application.
Key features of Revolut:
Fast and profitable international transfers without hidden fees.
Currency exchange at a favorable rate without unnecessary costs.
Physical and virtual cards for purchases in stores and online.
Investing in stocks, cryptocurrencies and other financial instruments.
Financial control through budgeting and expense analytics.
How to register for Revolut
To register, you need to provide your documents for verification through the “Diya” application, create a password for your account, fill in your personal data, after which you will be able to open an account. Among the currencies in which you can open accounts are US dollars, euros, Polish zlotys, pounds sterling and many other national currencies. You can open an account for free at the Standard rate. Replenishment is available only from dollar and euro cards due to NBU restrictions.
What is known about the Revolut neobank
It is known that more than 700 thousand Ukrainians use Revolut services in the UK and EU countries. The company was founded in 2015 by Ukrainian Vlad Yatsenko and Russian Mykola Storonsky. In October 2022, Storonsky, who also holds a British passport, renounced his Russian citizenship. The company is headquartered in London. Revolut also has a banking license in Lithuania. The company offers both personal and business accounts.
As of today, Revolut is used by over 50 million users from around the world. Since the beginning of Russia’s full-scale invasion of Ukraine, Revolut has transferred over a billion euros to Ukraine. The bulk of the funds came from Germany, the UK, Poland, Ireland and the Netherlands.