Re:Y Combinator invests in Monzo through its Continuity Fund
by krn on Tuesday June 25, 2019 @05:30AM
(#20272442)
> They don't have FCSC protection, how is that a better thought-out offering for private customers?
Revolut started out as a "prepaid debit card for paying abroad", not as "your main bank acccount", but is closing the gap quickly and should soon switch over its customers to an EU-licensed bank entity.
I find Revolut to be better than Monzo in terms of features and costs, but it's not suitable to be used as the main bank account yet because of the lack of protection.
Revolut started out as a "prepaid debit card for paying abroad", not as "your main bank acccount", but is closing the gap quickly and should soon switch over its customers to an EU-licensed bank entity.
I find Revolut to be better than Monzo in terms of features and costs, but it's not suitable to be used as the main bank account yet because of the lack of protection.