{"id":12283,"date":"2019-02-19T08:56:14","date_gmt":"2019-02-19T08:56:14","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=12283"},"modified":"2019-02-19T08:56:14","modified_gmt":"2019-02-19T08:56:14","slug":"revolut-plans-invasion-of-the-russian-market","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/revolut-plans-invasion-of-the-russian-market\/","title":{"rendered":"Revolut plans invasion of the Russian market"},"content":{"rendered":"<p>Revolut, a British FinTech startup with Russian roots, announced its plans to enter the Russian market this year. The company, valued at USD 561 million, is a mobile app that is integrated with a multi-currency debit card. The service allows users to convert funds from one currency to another at an interbank rate and make free money transfers to anywhere in the world. In response to the plan, the heads of Alfa Bank and Tinkoff Bank dismissed the announcement, stating that Revolut will not go over well in Russia given a similar app that was recently released in the country as well as the fact that Revolut\u2019s current market share in Europe is only 0.5%.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-12283 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Consumer satisfaction survey gives hope to smaller banking providers'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/consumer-satisfaction-survey-gives-hope-to-smaller-banking-providers\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/02\/consumer-satisfaction-survey-gives-hope-to-smaller-banking-providers-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12281\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12281'>\n\t\t\t\tConsumer satisfaction survey gives hope to smaller banking providers\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='First school of digital economics in Russia'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/first-school-of-digital-economics-in-russia\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/03\/first-school-of-digital-economics-in-russia-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12457\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12457'>\n\t\t\t\tFirst school of digital economics in Russia\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Key innovations changing Russia\u2019s financial services industry'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/key-innovations-changing-russia-s-financial-services-industry\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/12\/key-innovations-changing-russia-s-financial-services-industry-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14205\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14205'>\n\t\t\t\tKey innovations changing Russia\u2019s financial services industry\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Revolut, a British FinTech startup with Russian roots, announced its plans to enter the Russian market this year. The company, valued at USD 561 million, is a mobile app that is integrated with a multi-currency debit card. The service allows users to convert funds from one currency to another at an interbank rate and make &hellip;<\/p>\n","protected":false},"author":5,"featured_media":12317,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,12],"tags":[35,400,335],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12283"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=12283"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12283\/revisions"}],"predecessor-version":[{"id":12284,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/12283\/revisions\/12284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/12317"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=12283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=12283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=12283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}