Revolut is an e-money institution platform that provides a wide range of banking and financial services through its mobile app and web platform. Launched in 2015, Revolut initially started as a service for managing multiple currencies but has since grown into a comprehensive financial platform used by millions of people globally.
Moreover, one of Revolut’s main features is its multi-currency accounts, which allow users to hold, exchange, and spend in various currencies at competitive exchange rates. This service is particularly popular among frequent travelers and those who need to manage money across different countries.
Beyond traditional banking services, Revolut also enables users to engage in cryptocurrency trading, stocks and comodities directly within the app.
In this article, we will uncover Revolut’ availability and expansion plans in Pakistan, as well as provide alternative solutions.
Is Revolut available in Pakistan?
Unfortunately, Revolut is not yet available in Pakistan and it’s currently available in 35 countries. According to their website, Revolut “You can open a Revolut account if you live in a country or overseas territory listed below: Australia, Brazil, European Economic Area (EEA), Japan, New Zealand, Singapore, Switzerland, United Kingdom and United States”.
As the world of digital banking evolves, Pakistan residents looking for sophisticated and user-friendly banking platforms have a variety of options. Revolut has gained popularity in over 35 countries for its innovative features, transparent operations, and a strong commitment to social and environmental responsibility. However, Revolut is not available in Pakistan.
This article explores the best Revolut alternatives accessible to Pakistanis who wish to benefit from innovative digital banking services. We will look at the best neobanks and fintech platforms that cater to the unique needs and preferences of Pakistan users, offering features such as low fees, seamless transactions, and comprehensive mobile banking solutions.
Whether you are a seasoned user or just getting started, keep reading to learn about the best options for managing your finances efficiently.
If you would like to read our full review of Revolut just click here!
Revolut Alternatives in Pakistan
In this section, we will be discussing 3 alternatives that share comparable features with Revolut in Pakistan:
- Easypaisa
- SadaPay
- JazzCash
Easypaisa
Easypaisa is a leading digital banking and mobile wallet service in Pakistan, founded in 2009 as a pioneering solution to enhance financial inclusion in the country.
Headquartered in Islamabad, it operates as a subsidiary of Telenor Pakistan and has established itself as a key player offering financial services to individuals and businesses.
Overall, by bridging the gap between technology and finance, Easypaisa continues to play a significant role in transforming the banking experience for millions of Pakistanis.
Founded: 2009
Headquarters: Islamabad, Pakistan
Users: +8 million
Countries available: Pakistan
Account plans: prepaid debit card for personal users and businesses
However, if you still have doubts about Easypaisa being the right fit for you, just click here and find out more!
SadaPay
SadaPay is a neobank based in Pakistan that offers a modern digital banking experience through its user-friendly mobile app.
Designed to cater to the needs of individuals and businesses, SadaPay allows users to open accounts online, make money transfers, pay bills, and manage their expenses seamlessly, all without the need for physical branches.
With a focus on promoting financial inclusion, SadaPay leverages innovative technology to address the evolving banking needs of consumers in Pakistan’s digital landscape. By providing efficient and straightforward banking solutions, SadaPay is committed to enhancing the customer experience.
Founded: 2019
Headquarters: Islamabad, Pakistan
Users: +2 million
Countries available: Pakistan
Account plans: prepaid debit card for personal users and businesses
However, if you still have doubts about SadaPay being the right fit for you, just click here and find out more!
JazzCash
JazzCash is a leading digital payment platform in Pakistan, operated by Jazz, one of the country’s major telecommunications companies. Designed to facilitate financial transactions, JazzCash offers a mobile wallet that allows users to send and receive money, pay bills, recharge mobile balances, and make online purchases, all through its user-friendly app.
While JazzCash provides some banking-like features, such as the ability to open a digital account and use a prepaid card, its primary focus is on digital payments and enhancing financial accessibility.
The platform aims to promote financial inclusion in Pakistan, especially among the unbanked and underbanked populations, by providing a convenient and accessible way to manage finances. With its extensive network and innovative services, JazzCash plays a crucial role in transforming the digital finance landscape in Pakistan.
Founded: 2012
Headquarters: Islamabad, Pakistan
Users: unknown
Countries available: Pakistan
Account plans: prepaid debit card for personal users
However, if you still have doubts about JazzCash being the right fit for you, just click here and find out more!
Final Thoughts
Although Revolut is not accessible in Pakistan, there are still plenty of other options available to assist people in achieving their financial objectives. There are local and global solutions available, each catering to a different desire and set of financial goals.
Having said so, always remember that choosing the best digital bank depends on your personal goals and financial situation, so it’s essential to stay informed about the latest developments and explore the ever-expanding range of financial tools available.
We hope we helped you in your search for the Best Alternatives for Revolut in Pakistan.
Why use a digital bank?
Affordable fees and attractive pricing
With their digital-first approach and reduced operating costs, neobanks often offer highly competitive fees compared to traditional banks. Many neobanks minimize or eliminate fees for services like account maintenance and transactions, and some even provide enhanced interest rates on savings and loans. This cost-efficiency appeals to individuals and businesses focused on maximizing financial value without the typical expenses of traditional banking.
Quick account setup and hassle-free onboarding
Opening an account with a traditional bank is often a slow, paperwork-heavy process. Neobanks streamline this experience by using technology to offer a quick, fully online onboarding. Some even provide instant approval, allowing users to start banking within minutes. This efficiency and ease make neobanks an attractive option for people who want fast, paperless access to financial services.
Intuitive design for easy navigation
Advanced budgeting and financial tracking tools
Neobanks often come equipped with advanced financial tools built right into their apps, giving users insights into spending patterns, budgeting help, and real-time transaction categorization. For businesses, this translates into improved financial control and clear visibility over cash flow. With features like expense tracking and financial analysis, neobanks empower individuals and businesses to make informed, data-driven financial decisions, setting them apart with their strong focus on financial management.
Responsive support and community involvement
Neobanks focus on customer satisfaction with quick, accessible support through multiple channels like in-app chat, email, and even social media. Traditional banks can sometimes have slower, more bureaucratic service, but neobanks use technology to deliver faster, more tailored responses. Many also build a sense of community through online forums and events where users can exchange tips and insights, fostering a collaborative approach to banking.
