INSUBCONTINENT EXCLUSIVE:
who are also Revolut users can create a Revolut Junior account for their kid
After that, your kid can download the Revolut Junior app and get a Revolut Junior card.The new app offers a limited set of features with an
Kids can see a list of transactions in real time in the Account tab
They can configure card settings in the Profile tab
They can transfer money to a Revolut Junior account instantly
Parents can also access balances and transactions as well as disable some card features, such as online payments
They can also choose to receive notifications when a child is using their card.The reason why Revolut Junior can attract a ton of users is
that Revolut itself already has over 10 million users
Revolut Junior represents a great acquisition funnel as well.Revolut Junior is only available to Premium and Metal customers in the U.K
The company will eventually roll it out to more users and more countries.Revolut plans to add more features to Revolut Junior in the future
For instance, parents will be able to set a regular allowance and financial goals
Kids will get savings options, spending reports, spending limits and more.
