Revolut announces its launch in New Zealand

By Leandra Monteiro

Revolut, a global financial super app, has launched its services in New Zealand, delivering Kiwis a new-age digital money experience.

Now New Zealand residents will get access to Revolut’s seamless, safe and secure money app that enables them to affordably hold, send and spend in multiple currencies locally and when traveling, as well as save, track and manage all of their finances in one digital location.

Revolut, Australia & New Zealand CEO, Matt Baxby said, “We are incredibly excited to be launching Revolut in New Zealand to enable Kiwis a seamless and affordable global money management experience, secure budgeting and analytics features and advanced physical and digital card control capabilities, in one seamless location. We are excited to not only empower Kiwis with greater financial well-being, control, convenience, and transparency, but also increase consumer choice and drive competition across the financial services sector in New Zealand which has traditionally been underserved.”

Kiwis can use Revolut to access instant and fee-free foreign currency exchange, peer-to-peer payments as well as split group bills. They can also send and spend in more than 200 currencies at bank-beating exchange rates with no hidden fees.

Revolut, Head of New Zealand, Georgia Grange said, “Revolut is thrilled to be launching in New Zealand to revolutionise the way Kiwis manage their money, and our waitlist of over 26,000 locals is a clear demonstration that Kiwis feel the same. From digitising the way they track their spending, to enhancing their global travel experience, Revolut will be a first of its kind for New Zealanders.”

Revolut has begun hiring a team on the ground in New Zealand which will support growing and expanding its product offerings, including wealth and trading.