Will Neobank Revolut Build Its Own Crypto Exchange?

Cryptocurrency exchange breakthrough came from London-based fintech startup Revolut! Neobank Revolut, who wants to set up his own crypto exchange, includes the information that the selected candidate will lead the technical team that will build the Revolut Crypto exchange.

It is also among the information in the announcement that the candidates who will apply for the relevant position should have experience in creating order matching engines used in crypto exchanges.

Revolut, one of the most valuable finTech startups known for its support of cryptocurrencies, was founded in 2015. Revolut, which started to offer money transfer and clearing services in the UK on this date, today offers more than 100 million transactions per month to its customers around the world. The London-based bank also has branches in Singapore, Berlin and New York.

Revolut was valued at US$33 billion in a funding round earlier this year. In addition to banking and trading services, Revolut has been offering crypto trading services since 2017.

Known for its digital bank identity, Revolut draws attention with its easier use than traditional banking institutions. Currently supporting more than 50 digital assets, the bank has 15 million individual and 500,000 corporate customers.

The bank, which has attracted attention with this latest breakthrough, seems to occupy the agenda more in the coming days with its crypto money exchange initiative.

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