The banking app is moving into the alternative currency market with its latest beta.
Currently only available to internal employees, Revolut is expected to launch a Beta scheme which incorporates cryptocurrency into its multicurrency platform within the next two weeks.
According to Revolut’s head of brand and communications Chad West, users can expect to be able to purchase Bitcoin, Litecoin and Ethereum during the initial release, with plans to expand to other cryptocurrencies in the future.
This is the first time a major player in the digital banking space has made moves to include the popular alternative currencies in a multicurrency wallet, and is a sign of big things to come from the banking app.
The platform is planning to expand into North America in early 2018, followed by launches in Australia, Asia and the Middle East in the near future.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.