Paysend announces global account to compete with Revolut

Sep 12, 2018 · techcrunch.com

Paysend   lifestyle shot 2

Meet Paysend’s global account, a new way to hold, spend and send money in multiple currencies using a mobile app and a card. It looks a lot like Revolut’s basic features. But the company is trying to provide a more focused and robust experience from day one.

"We are quite different from both a technical infrastructure and consumer offering viewpoint. We own and control our own processing and this gives tremendous ability and flexibility to deliver a wide variety of services whilst controlling the entire consumer journey," Head of Product Alex Murashko told me.

"But for me an important distinction is that we have a different approach to designing the product. We believe in simplifying the consumer experience so that instead of feeling like they are bombarded with a long list of features they have available a focused group of benefits."

And it’s true that Revolut has launched so many different features that it’s hard to keep track of what you can do with your Revolut account. For instance, you can insure your mobile phone, save money using vaults, buy cryptocurrencies, subscribe to a travel insurance package and more.

Read Complete Article

RT @StartupGrindLD: Tonight! #StartupGrind talk and networking with successful serial entrepreneur: Rado Danilak. He disrupted the entire c…

Today I intervened to make sure a new housing development in Notting Hill delivers a greater proportion of social h… https://t.co/o7fwgvb23W

#TechX365: The 20 chosen #fintech #startups come from all across the UK, and will gain insights from leading finte… https://t.co/rd4ZbOuRqR

Android in your car: Google is working with Renault, Nissan and Mitsubishi on infotainment systems https://t.co/1MB4vEwEuf via @dannyjpalmer

🍒 🍒 🍒 Top Drawer! @makersacademy are looking for an Operations Assistant https://t.co/dAK11pNEGW