The addition of 7 new currency accounts to its Singapore platform brings the total number of foreign currency accounts to 33.
Global finance super app Revolut announced that its Singapore customers will be able to exchange and hold seven new currencies which includes Indian rupee (INR), Philippine peso (PHP), South Korean won(KRW), Chilean peso (CLP), Colombian peso (COP), Egyptian pound (EGP), and Kazakhstani tenge (KZT).
Singaporean customers will now be able to conduct foreign exchange using the app prior to completing card payments or transfers. Revolut’s services include overseas remittance, multi-currency accounts, fractional stock trading, and crypto trading.
Raymond Ng, CEO of Revolut in Singapore, said: “We are proud to announce the addition of 7 new currencies to our Singapore platform just in time to support consumers while they travel. Despite rising cost of living pressures, 3 in 4 Singapore consumers are set to have travelled this Spring. Revolut is committed to providing our users with greater access to the global financial system.”