Nikolay Storonsky, a Russian-born fintech startup, Revolut, has launched operations in Latin America. The company launched crypto investment services in Brazil. This country has great potential for Revolut: 10 million people use cryptocurrency there.

Nikolai Storonsky’s Revolut entered the Latin American market

Digital bank Revolut entered the Latin American market and began offering cryptocurrency investment services in Brazil. CoinDesk writes about it.

Revolut’s founder, Nikolai Storonsky, described Brazil as a country with great potential for the company’s business. The cryptocurrency in Brazil is used by 10 million people, there is a great demand for digital banking services.

Nubank is the leader in digital banking in Brazil. The bank launched cryptocurrency trading services in June 2022 and reached 1 million users within a month.

Revolut was founded by Nikolai Storonsky and Vlad Yatsenko in 2015. As of 2022, Forbes estimated Storonsky’s net worth at $7.1 billion.

Author:

Kirill Bilyk

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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