Revolut paves the way in the online banking industry
Companies such as Revolut, Monzo and Wise (formally Transfer Wise) have had increased interest from investors over the past few years.
SEOUL, South Korea - Nov. 21, 2022 - PRLog -- With companies like Revolut boasting an estimated market cap of £25.3 billion it is easy to see why investors are interested.
The growth of digital technology has brought along the advances in the financial world in the form of financial technology companies. They are providing financial and lending services in the modern format of smart devices and applications.
There are very high expectations from investors and owners alike in this field. Some of the favourite in this finance category are Revolut, Monzo and Wise;
Revolut (estimated market cap: £25.3 billion)
Revolut, a mobile-only bank account based in the UK with more than 18 million worldwide customers.
They are preparing for their IPO in 2023 and we are seeing interest from our clients in Scandinavia and mainland Europe.
Monzo (estimated market cap: £4.5 billion)
An online bank with over six million customers, of which around 135,000 are on paid account tiers. The company is one of the leading innovators offering a non-traditional option to banking.
Alongside its upcoming IPO, Monzo is also focusing on US expansion plans
As the world becomes more digital and delves deeper into financial technologies such as crypto currency and the blockchain, it seems sensible to put a lot more attention into the financial innovators and look for upcoming companies set to dominate that sector.
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Page Updated Last on: Mar 08, 2023