The document summarizes Revolut, a digital banking service. It provides core services like spending, money transfers, and currency exchange for free or low fees. It offers additional features like multiple cards per account, transaction notifications, and bill splitting. Revolut also provides business banking services and plans to expand globally, apply for a banking license, offer wealth and credit services, and reinvent merchant accounts with significant cost savings for businesses. The summary concludes by noting Revolut's rapid growth without marketing, with over 1.8 million users and $50+ million in daily transaction volume.

1. The New Era of Digital Banking.
Revolut’s Perspective.
Andrius Biceika, Head of Business Development

2. “Digital Banks”
Source: http://banknxt.com/61041/consolidation-challenger-banks/

3. Fundamentals
Source: http://www.kpcb.com/internet-trends
3.5 mlrd. 30% 8.25 s

4. Problems (with banks)
SneakyInconvenientExpensive

5. OverviewOur Product

6. Core Solution: Free & Instant
Spend
0% FX mark up
0 fees
ATM withdrawals
Exchange
Interbank rates
Send & Request
Instant transfers
0 fees

7. Next Generation Security
Instant transaction notifications
Disable/enable as you go
• RevolutCard
• Location-based security
• E-commerce
• ATM
• Contactless
• Magstripe

8. Multiple Cards
Create several cards linked to one account
• Family members
• Spare cards
• Virtual cards
• Limits per each card
• Disposable virtual cards for enhanced security

9. Different Delivery Methods
Three choices to deliver the card.
• Normal delivery (5 working days)
• First class delivery (3 working days)
• Next day delivery (1 day)

10. Transaction Details
See additional transaction details
• Transaction location
• Upload receipts

11. Split Bills
Split bills with friends
• They can be using Revolut
• or not…

12. Chatbots
Chatbot resolves almost 1/3 of all queries
• Average rating is 4.4 out of 5
• Can answer different questions (FAQ - related,
what exchange rates are, etc)

13. Current Accounts
Unique bank accounts
• GBP current accounts
• EUR IBANs
• other currencies are coming soon

14. Credit
Get instant credit on your Revolut Account
• Average APR 9.9% vs 20%+ on credit cards

15. Premium Account
Premium account allows to have
• free unlimited FX
• free premium card
• free travel insurance
• free global card delivery
• double free ATM limits
• special offers

16. Vaults

17. Device Insurance
Protect your phone against all accidental damage
from £1 per week.

18. Pay-per-day Travel Insurance
Travel Insurance from £1 per day

19. Cryptocurrencies

20. OverviewRevolut for Business

21. Our Solution
25,000+ businesses
registered
Including many global brands…

22. Open API
Integrate your existing
business software and
processes

23. Open API Case Study
Delivery companies
API allows payment triggers — these can be
based upon events like a successful delivery
Instant payment delivered via Revolut Pay
directly to the courier’s card

24. OverviewWhat’s Next

25. Global Expansion
We’ll be taking Revolut Global in 2018. First up:
• The USA, Canada, Asia…
• And more!

26. Revolut Wealth
Profile News & offers Settings
MoreAnalytics Cards Support
2
Account
Wealth
New
Insurance
CreditPremium

27. Budgeting
Sophisticated and simple analytics
to help you stick to your budget.

28. Banking Licence
We have applied for a European Banking
Licence! This will give you access to:
• European Deposit Protection Scheme
• Cheap, fast personal loans & overdrafts
• Direct Debits
• In-house processing (2018)

29. Merchant Accounts
Re-inventing merchant accounts
• 10x savings for merchants
• Zero chargeback fees

30. OverviewTraction

31. Overview
• Launched 33 months ago
• Total investment to date: $330M
• 350+ employees
• 1,800,000+ users
• 25,000+ registered businesses

32. 1,800,000+ users with no marketing
300,000
600,000
900,000
1,200,000
1,500,000
1,800,000
Jan 2016 Jan 2017 Apr 2018

33. Active Users
Monthly
303k
535k
768k
1000k
Jul 2016 Mar 2018
850,000+
Daily
93k
185k
278k
370k
Jul 2016 Mar 2018
250,000+

34. Transactional Volume
Cumulative (USD, billion)
3
5
8
10
Jan 2016 Jan 2017 Feb 2018
$50+m
Day
Monthly (USD, million)
408
805
1203
1600
Jan 2016 Jan 2017 Feb 2018
35%
MoM

35. Revolut around the world

36. Thank you!
Andrius Biceika - andrius@revolut.com - Head of Business Development