Currencycloud
43 Case Studies
A Currencycloud Case Study
Revolut, a global money app founded in 2015, set out to build a fair, frictionless platform for sending and spending money worldwide but encountered resistance from major UK banks unwilling to provide accounts for money service businesses. Revolut partnered with Currencycloud, using Currencycloud’s API and payments platform as the engine behind its one‑touch international money movement to bypass legacy banking barriers and move quickly to market.
Currencycloud supplied a shortcut to market, guaranteed transparency and ongoing operational support, enabling rapid scale: within nine months of its July 2015 launch Revolut reached over 160,000 customers, processes 30,000 transactions per day, handles €40–60m per month, and saves users an average of €30–40 on a €500 spend—clearly demonstrating Currencycloud’s measurable impact on growth and cost reduction.
Nikolay Storonsky
Founder & CEO