Revolut vs Ria Comparison

Revolut, a UK-based fintech startup, has quickly risen to prominence with its digital banking platform, offering a wide array of financial services including multi-currency accounts, currency exchange, and investment options. With its innovative approach, Revolut aims to simplify financial transactions for its 15 million customers worldwide.

On the other hand, Ria, a subsidiary of Euronet Worldwide, Inc., is a traditional powerhouse in the remittance industry, facilitating money transfers across over 190 countries. Established in 1987, Ria has built a reputation for providing reliable and accessible remittance services, with a vast network of 447,000 agent locations globally.

Both companies cater to a diverse range of financial needs, making international money transfers more accessible and efficient for individuals and businesses alike.

Customers

Company NameRevolutRia
Logo
revolut new logo
ria new logo
Revolut ReviewRia Review
Customer rating4.4/5 (TrustPilot)4.2/5 (TrustPilot)
# Rating Customers109,000 (TrustPilot)5,800+ (TrustPilot)
Top 3 Pros
  • Great Currency Exchange Rates
  • Good App
  • Easy to Sign Up
  • One of the largest providers
  • Very wide global reach
  • Fair rates for remittances
Top 3 Cons
  • Involved in Scandals Over AML Policy
  • Only PARTLY Regulated by FCA
  • Customer Response Could be Delayed
  • Low payment limits
  • For large transfers the rates are not great
  • No dedicated dealers or hedging tools

Availability

Company NameRevolutRia
Logo
revolut new logo
ria new logo
Office locationsGlobalUSA but 447,000+ transfer agents around the world
# Currencies29 via Bank Transfer, 140 with Currency Card100+

Security

Company NameRevolutRia
Logo
revolut new logo
ria new logo
Regulated byFCA (partially), Electronic Money Institution by Bank of LithuaniaFinCEN (USA), FCA (UK), FINTRAC (Canada), ASIC (Australia)
HTTPS SecuredYesYes
Segregated Customer AccountsYesYes
2FAYesNo

Limits and Fees

Company NameRevolutRia
Logo
revolut new logo
ria new logo
Min transferΒ£/€/$ 1No minimum
Max transferVariable, up to Β£250,000 for business accounts$2,999 per day in US and Canada
Fixed feesVariable, 0.35% to 1% for international transfers$3 for transfers below $100, $5 for above in the US
See rates before you log in?YesYes

Customer Support

Company NameRevolutRia
Logo
revolut new logo
ria new logo
Dedicated DealerNoNo
EmailYesYes
PhoneYesYes
Live ChatYesNo
24/7NoNo

Ways to Transfer

Company NameRevolutRia
Logo
revolut new logo
ria new logo
Online SystemYesYes
Online AppYesYes
Multi-Currency AccountYesNo
Cash PickupNoYes
Card Top-UpYesNo

Additional Functions

Company NameRevolutRia
Logo
revolut new logo
ria new logo
HedgingYesNo
Mass paymentsYesNo
Cash chequesNoNo
Multi-Currency Debit CardYesNo

Conclusion

On MoneyTransferComparison, Revolut has received a higher editorial score. The advantages of Revolut over Ria are these:

  • A more comprehensive set of features including hedging and mass payments.
  • A multi-currency account with a broader range of currencies supported.
  • A more robust security framework including partial regulation by the FCA and the provision of segregated customer accounts.

Revolut is better for individuals and businesses looking for a multi-currency account with advanced financial services, such as investing in stocks, crypto, and commodities, as well as those needing a multi-currency debit card for international travel or purchases.

Ria is better for users who need to send remittances to over 190 countries, especially where cash pickup options are required, and for those who prioritize a service with a very wide global reach and fair rates for remittances.