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Events Featured

Revolut Lite stops working

Yesterday Revolut announced the closure of Revolut Lite, a simplified version of its financial application. It has not been a year since it became available in Moldova. The company's management promises to return with new functionality in the near future.
TechDoor Editorial
TechDoor Editorial
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Jun 20
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2 min read

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Revolut Lite is being discontinued

Table of Contents

  • What is Revolut Lite?
  • What should Revolut Lite users do?

What is Revolut Lite?

Revolut Lite was a useful tool for those who wanted to send and receive money quickly and easily. In some countries, such as Chile, Azerbaijan and Kazakhstan, users could even buy and sell cryptocurrency through the app. However, as of 20 July 2024, the app will no longer be available.

List of countries where Revolut Lite is available:

  • Republic of Moldova
  • Armenia
  • Azerbaijan
  • Bangladesh
  • Chile
  • Kazakhstan
  • Kuwait
  • Macao SAR, China
  • Malaysia
  • North Macedonia
  • Oman
  • Qatar
  • Saudi Arabia
  • Serbia
  • Sri Lanka
  • Vietnam

What should Revolut Lite users do?

Until the specified date, all functions will work as usual, but after that time users' accounts will be deactivated and sending and receiving money will become inaccessible. Users who want to close their accounts in advance can do so via their profile in the app.

But don't be disheartened because Revolut is not going away forever. The company has made a strategic decision to focus on offering a full suite of services when entering new markets. This means that in the future, users will be able to enjoy all the features that the full Revolut offers.

Once accounts are closed, users can easily get on the waiting list for full Revolut functionality. To do this, you need to:

  1. Open the application
  2. Click "Sign up."
  3. Enter your phone number and confirm it via SMS
  4. Select your country of residence and click "Sign up" again
  5. The user will be added to the waiting list automatically.

So, despite the temporary inconveniences, we can expect even more interesting and useful features from Revolut in the future. If users have any questions or need help, they can always contact the support team via the in-app chat.

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