Mesh is pleased to announce their latest partnership with Revolut, the global enabler of digital finance.
As part of this partnership, Revolut is integrating Mesh Verify in order to enhance wallet ownership verification, not only ensuring a “seamless and secure user experience for their millions of customers, but to also achieve compliance” with the new EU Travel Rule guidelines that will be effective in 2025.
With Mesh Verify, Revolut will also benefit from Mesh’s enterprise-grade wallet ownership verification for UTXO-based assets such as Bitcoin (BTC).
This partnership will be to the benefit of Revolut customers in the European Economic Area.
Revolut will also integrate Mesh Deposit in Q1 2025, to “make its crypto deposit process faster, safer, and more user-friendly.”
Revolut serves more than 50 million customers in 38 countries, growing by over 10 million customers in 2024 so far and “becoming the most downloaded financial app” in the United Kingdom and across all of Europe.
Mesh and Revolut are now said to be aligned in wanting to create a modern, interconnected financial ecosystem that prioritizes “security, efficiency, and user control.”
Revolut claims that it has always broken down the barriers of legacy systems and set new standards for digital finance, and together, they’ll “do the same for crypto.”
Bam Azizi, Co-Founder and CEO at Mesh said:
“At Mesh, we believe the future of crypto and digital finance needs to be secure, seamless, and connected. Revolut is on track to solve some of the biggest compliance and UX challenges in finance, while we’re doing the same for crypto payments. The combination of those two ideas – realized through our partnership – will be a powerful force in driving crypto’s mass adoption.”
Mazen ElJundi, Global Business Head of Crypto, Wealth & Trading, and Expansion Markets at Revolut, added:
“We take a compliance-first approach to everything we do when it comes to crypto. Our customers’ security is at the heart of our decision making and product strategy at Revolut. In partnering with Mesh, we will greatly enhance our crypto remittances user experience for our customers, while maintaining security and regulatory compliance.”
Mesh is now looking forward to working with the Revolut team and thank them for rusting Mesh to power these next steps in their journey.
Mesh said they built these enterprise-grade solutions for digital finance players and are now being able to “address some of the most important challenges in this industry.”