Revolut selects Equifax as U.S. data and analytics partner
“Our mission is to create the world’s first global financial superapplication,” said Ronald Oliveira, CEO of Revolut US “Equifax has a solid understanding of the global fintech space. They provided us with the flexibility we needed to replicate our unique business model internationally while giving us a deeper insight into the consumer and small business needs as we seek to provide a more diverse product line to our customers in the United States. “
Equifax is the only cloud-native consumer credit bureau. Being cloud native is what enables innovation at scale – delivering the unique ability to deliver deeper and more predictive insights, personalized solutions, faster results, and maximum security. With Equifax, Revolut is able to get the business intelligence they need in milliseconds, enabling them to quickly help more consumers and small businesses access more financial opportunities and manage their money with it. greater freedom. Equifax also provides a number of flexible and innovative solutions, including the new immersive experience InnovationX, to meet the needs of growing fintechs like Revolut.
âData is at the heart of fintech innovation and competitive advantage,â commented Sharla godbehere, Head of FinTech and Alternative Financial Services for Equifax United States Information Solutions (USIS). âWe partner with fintechs of all sizes to deliver the data and analytics they need to innovate at today’s speed. With Equifax, Revolut is able to rapidly improve its service and decision-making results in a richer context in the US market. re delivering actionable insights that can help Revolut acquire new customers looking for financial opportunities while mitigating risk and increasing revenue. “
Revolut customers can open a multi-currency account in minutes and can access a range of services immediately after setting up the account. The app allows individuals to exchange, send and receive over 28 currencies in seconds; manage money with expense analyzes; withdraw from more than 55,000 ATMs at no extra charge across the country; access their salary up to two days in advance; and more.
For more information on Revolut, please visit revolut.com. Additional information on Equifax fintech solutions can be found at equifax.com.
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge is the engine of progress. As a global data, analytics and technology company, we play a vital role in the global economy by helping financial institutions, businesses, employers and government agencies make critical decisions with more confidence. . Our unique combination of differentiated data, analytics and cloud technologies enables better understanding and decision making to get people moving. Based at Atlanta and supported by more than 11,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific Region. For more information visit Equifax.com
We’re building the world’s first truly global financial superapplication. In 2015, Revolut was launched in the UK offering money transfer and exchange. Today, 15 million customers worldwide use dozens of innovative Revolut products to complete more than 100 million transactions per month.
Through our personal and business accounts, we help our clients improve their financial health, give them more control and connect people seamlessly across the world. www.revolut.com
The Revolut United States The Prepaid Mastercard is issued by Metropolitan Commercial Bank pursuant to a license from Mastercard International and can be used anywhere Mastercard is accepted. Banking services are provided by the Metropolitan Commercial Bank, a member of the FDIC. Revolut Technologies Inc. is a technology service provider and administrator of the card program.
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Kate walker for Equifax
Jane nho for Revolut
SOURCE Equifax Inc.