Revolut targets 2m Irish customers as it takes on Stripe

Revolut now has 1.2 million customers in the Republic and is highly confident it can surpass two million given the rate at which it is growing locally.

“One in three Irish adults now has a Revolut account and on Black Friday alone we had more than 400,000 people in Ireland shopping via Revolut,” co-founder and chief executive Nikolay Storonsky told The Irish Times.

“You need to remember as well that we have our business accounts, which are growing fast and for which there is a huge opportunity for us in Ireland, he added.

His comments come as Revolut on Friday announced the launch of an affordable acquiring solution for businesses that allow them to install plug-in checkout software or build their own custom features to take card payments online. The new solution sees them going up against Stripe, the online payments company founded by Irish brothers Patrick and John Collison, as well as other rivals like Dutch competitor, Adyen.

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Source: Revolut targets 2m Irish customers as it takes on Stripe