रेवोल्ट CEO निक स्टोरोंस्की ने घोषणा की कि कंपनी सीधे जेपीमॉर्गन चेज़ और अमेरिकन एक्सप्रेस के साथ प्रतिस्पर्धा करने के लिए यूएस बाजार में उतरने की योजना है, aiming to dominate through credit cards, loans, and a full banking charter. The company has over 80 million global customers and received conditional approval to operate as a national bank in the US, enabling access to Federal Reserve systems and federally insured deposits up to $250,000. Storonsky stated that Revolut’s offerings will match or exceed those of Amex and JPMorgan while introducing unique products. The fintech is preparing for a potential dual listing in the UK and US by 2028 and is developing AI-powered shopping assistant AIR, set for testing in December. Valued at $115 billion, Revolut is expanding services to include agentic commerce and aims for 100 million customers and $100 billion in revenue. JPMorgan CEO Jamie Dimon expressed admiration for Revolut’s growth, calling it a major rival in Europe.
FAQ Q: What is Revolut’s strategy for competing with JPMorgan in the US?
FAQ A: Revolut plans to roll out credit cards and loans in the US after receiving a full banking charter, offering products comparable to JPMorgan and American Express while introducing unique features. It aims to dominate the market by leveraging lower fees, innovation, and AI-powered tools like its shopping assistant, AIR.
स्रोत: Bloomberg Markets · HeadlinesBriefing द्वारा सारांशित