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Revolut to Take on 20K Australians in New Expansion

Online banking platform Revolut, a fintech startup, is expanding into Australia and is expecting to take on an additional 20,000 residents. This is its first foray outside of Europe. So reports CNBC.

Those already on its waiting list will be added gradually with new customers being asked to wait a bit longer. The company’s Australian headquarters will be located in Melbourne. Revolut has a reported valuation of $1.7 billion.

Read the full story from CNBC.

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