Revolut Reaches 5 Million Romanian Customers as 77% of Card Payments Turn Local

Revolut has reached five million customers in Romania, and 77% of card payments made by those users are now processed locally, according to the company milestone carried in a daily financial news roundup.

The Romanian figure points to a customer base large enough to shift the bulk of its card traffic onto domestic payment rails rather than routing transactions cross-border.

Also flagged in the roundup

The same daily recap highlighted several other industry developments. EU regulators are questioning Binance's use of reverse solicitation, while broker CFI has launched seven-day gold trading. Britain's Financial Conduct Authority has opened a crypto authorisation window, and prediction market Polymarket has added trading safeguards.

A separate edition of the roundup covered The5ers connecting trading accounts to ChatGPT and Claude, EC Markets doubling its UK revenue, ThinkMarkets returning to profit, and Alpaca advancing its expansion in Southeast Asia. It also reported that the MyForexFunds brand rights were sold to a Dubai-based firm, that FundedSeat has closed, that Valbury has added the DXtrade platform, and that Germany is expanding its fight against trading fraud.

Another recap noted that the top 1% of winning accounts take 66.5% of profit, that Capital.com has added stocks and ETFs, that the CFTC has sued Cash FX, and that Revolut is moving into Argentina.

The items were published as part of a weekday digest covering forex and CFD brokers, fintech, payments, digital assets, trading platforms and financial regulation.

No financial terms or timings were disclosed alongside the Romanian customer total, and Revolut did not provide a breakdown of the remaining share of card payments in the market.