Revolut CEO eyes expansion into mortgages, crypto wallets

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Digital banking platform Revolut is working on expanding into decentralized cryptocurrency wallets and is also looking at the mortgage sector, its CEO said, as the London-based company pushes ahead with its strategy to become a so-called 'superapp'.Revolut, which currently offers payments services, crypto

Digital banking platform Revolut is working on expanding into decentralized cryptocurrency wallets and is also looking at the mortgage sector, its CEO said, as the London-based company pushes ahead with its strategy to become a so-called"superapp".

"For example… decentralized wallets, and enabling deposits, withdrawals of crypto [and] staking, lending — that’s another piece that we're missing and we're working on," he told Reuters. While superapps such as China’s WeChat have taken off in other parts of the world, all-in-one platforms have proven elusive in the United States and Europe.

 

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