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British “neobank” Revolut expands to include cryptocurrencies

British company Revolut is working to ensure that its customer can buy and store cryptocurrencies in their accounts. The company was initially created to allow customers to easily exchange traditional currencies; however, it recently collected USD 66 million in investments to expand its offering to include digital currencies. In addition to allowing customers to buy, sell and store cryptocurrencies, the company is also promising customers the option to convert traditional money into cryptocurrencies instantly within its application, saving customers the time and effort of having to register on a cryptocurrency exchange and peer-to-peer platform or use an ATM. To accomplish this, the company will begin working with cryptocurrency exchanges and will seek the lowest commissions for conversions.

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