UK-based digital asset banking company Revolut, which focuses on digital bank accounts and a wide range of other financial services, Revolut offers most of the features that users expect from a cash account in order to convince consumers and businesses to abandon their traditional banks, including physical and virtual debit cards, direct debits and money transfers. Collaborations with other fintech companies such as travel insurance, tele-insurance, credit, savings and cryptocurrency. Revolut, which has been granted a remittance licence by the Monetary Authority of Singapore and full authorisation by the Financial Services Agency of Japan, plans to launch its mobile banking app in the Asia Pacific region in the first quarter of 2019 and is looking to select Singapore as the Asia Pacific headquarters.