
The challenger bank bragging ensues. US neobank Chime upped the ante last week in the wake of an outage at Wells Fargo, claiming it had opened 10,000 accounts in a 24 hour period.
Now it's Revolut's turn. The UK-based challenger bank claims it too is opening up 10,000 accounts per day now on average.
My, you've grown: Revolut also shared some other data about its growth:
- As of this week, Revolut has four million customers
- Since July 2018, Revolut has boosted its Weekly Active Users (WAU) from 400,000 to over 1.1 million, while Monthly Active Users (MAU) have increased from 900,000 to 1.9 million in the same timeframe
- Revolut also processes over $7 billion each month in transaction volumes, up from $4 billion per month in July 2018