Revolut, a fintech disruptor, plans to launch! in South Africa as part of its global expansion into emerging markets.
The South African banking sector is poised for disruption with Revolut's entry.
Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut offers a range of services, including a prepaid card with low-fee foreign exchange and a full-fledged financial "super app".
Revolut operates in 160 markets, tailoring its services to different segments.
Revolut is driving an expansion into emerging markets.
Author's summary: Revolut expands to South Africa, disrupting banking.