“Revolut, the global financial superapp with more than 20 million customers worldwide, has launched an instant messaging feature, where Revolut customers in the UK and EEA can chat as well as share fun gifs and stickers whilst sending and requesting funds to and from other customers. A recent UK and European survey of 8,000 people, commissioned by Revolut, found that two thirds of people (67.5%) find it difficult to discuss money. The new chat feature in the Revolut app aims to make talking about money less awkward by keeping it in one place. To access this feature, customers simply have to enter the ‘Transfer’ section in Revolut app. The chat window will open right after tapping on one of the contacts. The chat will be embedded in the ‘Transfer’ feature – so there’s no need to open multiple windows.”

“Revolut has chosen to pilot a new ‘buy now, pay later’ credit service in Ireland beginning this week. Traditional retailers have been offering customers the option to pay for furniture and white goods in instalments for years. Now, the service has been extended online and dubbed “buy now, pay later”. The cost and interest rates when using the service vary from provider to provider. Revolut has said its “Pay later” service will charge a fee of 1.65% per purchase, which is repaid as part of the final two instalments.”

“Revolut Ltd. has picked Ireland as the first market to launch its buy now, pay later product that will see it go head to head with the likes of Klarna and other fintechs in the rapidly growing area of lending. The digital bank plans to roll out its “Pay later” offering across Europe, adding Poland and Romania later this year, Revolut said in a statement Friday seen by Bloomberg News.”