The fintech unicorn Revolut partners with Stripe to accelerate its expansion into new international markets, including Brazil and Mexico. Stripe, a financial infrastructure platform provider for businesses, will facilitate the fintech’s payment processing in the UK and Europe to enable Revolut’s clients a seamless payment experience with their local payment options.
David Tirado, Revolut’s VP of business development explains: “Revolut builds seamless solutions for its customers. That means access to quick and easy payments and our collaboration with Stripe facilitates that. We share a common vision and are excited to collaborate across multiple areas, from leveraging Stripe’s infrastructure to accelerate our global expansion, to exploring innovative new products for Revolut’s more than 18 million customers.”
Founded in 2015, Revolut serves more than 18 million private clients and over 500,000 merchants in over than 200 countries and territories. It offers a variety of services including accounts, insurance, trading, invoicing, BNPL products, and now in-person payments.
Eileen O’Mara, EMEA revenue and growth lead at Stripe, states: “Revolut and Stripe share an ambition to upgrade financial services globally. We’re thrilled to be powering Revolut as it builds, scales, and helps people around the world get more from their money.”