Revolut Introduces Group Vaults and Plans to Launch a Youth App

UK based digital banking startup Revolut has launched a group vault feature where users can collaborate on goals by setting aside money through rounding up expenses or regular transfers; you can create a vault in any currency, including supported cryptocurrencies; the new feature can act as a joint account for couples or allow friends to jointly save for a project or trip; the company also has a youth app in the works, there is no release date but TechCrunch reports the company is working on the new app. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.