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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Revolut launches banking operations in Romania

Revolut, the global money-transfer application, announced that its license for banking services in Romania came into effect.

Consequently, the customers of Revolut Bank in the country will benefit from deposit guarantees based on the European Deposit Guarantee Scheme and additional services.

The Revolut app users in Romania can now transfer to Revolut Bank to benefit from additional services through the application. The transfer process only takes a few minutes.

Over 1.3 million Romanians use Revolut services.

The company's representatives say that the introduction of deposit guarantees, together with the services and functionalities that Revolut already offers, will bring more control and security to customers.

"Revolut is the fastest-growing fintech in Europe, and this is because we have always prioritized our customers. An important role is also played by product design, the fact that we do not charge hidden fees and commissions, and we constantly build innovative financial products," said Virgilijus Mirkės, CEO at Revolut Bank.

(Photo: Sebastian Czapnik | Dreamstime.com)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Revolut launches banking operations in Romania

Revolut, the global money-transfer application, announced that its license for banking services in Romania came into effect.

Consequently, the customers of Revolut Bank in the country will benefit from deposit guarantees based on the European Deposit Guarantee Scheme and additional services.

The Revolut app users in Romania can now transfer to Revolut Bank to benefit from additional services through the application. The transfer process only takes a few minutes.

Over 1.3 million Romanians use Revolut services.

The company's representatives say that the introduction of deposit guarantees, together with the services and functionalities that Revolut already offers, will bring more control and security to customers.

"Revolut is the fastest-growing fintech in Europe, and this is because we have always prioritized our customers. An important role is also played by product design, the fact that we do not charge hidden fees and commissions, and we constantly build innovative financial products," said Virgilijus Mirkės, CEO at Revolut Bank.

(Photo: Sebastian Czapnik | Dreamstime.com)

andrei@romania-insider.com

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