last year just as the pandemic began, and has since added high interest savings, small business banking, U.S.-Mexico remittances and cryptocurrency trading. 'We're eager to break down common barriers to entry around stock trading such as account minimums and complex interfaces.'

'We are building a single app where people can manage all aspects of their finances, from banking and foreign exchange, to cryptocurrency and stock trading,' Storonsky said. market, where competitors from Robinhood to Chime have already staked out corners of the fintech ecosystem. But to get there, it needs to crack the U.S. That approach helped it garner a massive $33 billion valuation in July from investors including Softbank and Tiger Global, firms that see London-based Revolut as a contender to create the first global financial super app. It now has more than 16 million customers. The app started out as a way for people to avoid currency conversion fees while traveling, but quickly added banking, trading and crypto features among dozens of products. Founded in 2015, Revolut has grown to become one of the dominant European consumer fintech firms by continually piling on new features.