Revolut user transfer volume from Spain to Peru skyrocketed 150%

MADRID, 7 (EUROPA PRESS)

The volume of transfers from Revolut users from Spain to Peru has increased by 150% from January to October this year, positioning the Andean country as one of the main corridors between Spain and Latin America.

According to an analysis of international transfer brokers prepared by fintech, the average transfer between the two countries is 1,370 euros, an amount that is almost seven times higher than the average sent to other countries such as the UK, one of the emerging markets. most in the last year.

Overall, users made fewer uses, with an average of 1.33 transfers per month, with a clear difference in usage between men and women. The latter made 28% fewer exchanges, although they transferred larger amounts, exceeding the average amount per user for men by 3.5.

Recently, the company has reached 25 million users worldwide and has accounted for more than 330 million transfers per month. Within Revolut’s international expansion plans, among the next markets it aims to reach are Brazil, India or New Zealand.

Revolut’s latest innovation to facilitate the exchange of money between its users around the world is ‘Revolut Chat’, an instant messaging function within the application that allows you to send, receive or request money from other users in an easy and fun way, facilitating communication and exchange of funds between user.

Roderick Gilbert

"Entrepreneur. Internet fanatic. Certified zombie scholar. Friendly troublemaker. Bacon expert."

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