Revolut is a fintech company that provides a range of banking services online. It develops a platform offering a debit card, currency exchange, stock trading, cryptocurrency exchange, and peer-to-peer payments. The company enables users to exchange currencies at interbank rates, send money through social networks, and spend with a multi-currency card.
Revolut is looking to disrupt banking in the same way Amazon took on retail.
Curve (also known as the Curve card) is a payment card that aggregates multiple payment cards through its accompanying mobile app, allowing a user to make payments and withdrawals from a single card. It lets you switch the bank card you paid with after each transaction is complete.
Using the mobile app, users link their debit and credit cards to the Curve card. A default card from which to make payments or withdrawals can then be set, while users can also switch between cards on the app prior to making payments or withdrawals. Transactions on the card are processed through the MasterCard network.
Wise is a British online money transfer service founded in January 2011 by Estonians Kristo Käärmann and Taavet Hinrikus and is based in London. The company supports more than 750 currency routes across the world including GBP, USD, EUR, AUD and CAD, and provides multi-currency accounts.The concept was to match transfers with other people and then have a small commission while using the inter-bank mid exchange rate, unlike traditional currency transfers where there are buy and sell rates and the broker takes the difference between the two.
bunq is a Dutch, internationally active neobank, headquartered in Amsterdam, Netherlands. Bunq offers a range of online financial services, primarily through its own mobile app. The company's app enables customers to open an account like Premium, Business, Travel or SuperGreen for a small monthly fee. Additionally, customers can request money from friends, split bills, invest in Green companies, add a +1 to one of their sub-accounts and make payments in real time. Businesses can also open a bunq account.
Vivid doesn’t try to reinvent the wheel and is building its product on top of well-established players. It relies on Solarisbank for the banking infrastructure, a German company with a banking license that provides banking services as APIs to other fintech companies. As for debit cards, Vivid is working with Visa.
Monese is a digital banking app and card using smartphone technology to improve your banking experience. Monese has provided basic banking on smartphones since 2015. Besides being completely mobile and making your money accessible on the go, Monese takes mobility a step further than the rest, allowing customers to create an account without a EU address. This feature is what makes Monese unique: the ability for anyone to open an account anywhere in the UK or continental Europe. Whether or not you have a EU address, a credit history or fixed income, you can access Monese and open an account today. The app is currently available to anyone in the European Economic Area.
N26 is The Mobile Bank, helping you manage your bank account on-the-go, track your expenses and set aside money in real-time. Open yours in minutes right from your smartphone, and start spending before your physical card arrives.
N26 provides a free basic current account and a Debit MasterCard card to all its customers, as well as a Maestro card for their customers in certain markets. Additionally, customers can request overdraft and investment products. N26 also offers premium accounts which offer additional features for a monthly fee.
