City Of London

Revolut Wants to Compete With PayPal and Apple at Online Checkouts

  • London-based finance app looks to expand its business services
  • Firm launched a card reader in July as it eyes payment market

Nikolay Storonsky, chief executive officer of Revolut.

Photographer: Luke MacGregor/Bloomberg
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Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at online checkouts.

Revolut Pay has signed up retailers including Shopify Inc., Prestashop, WH Smith Plc and Funky Pigeon, and will be available within the airline industry in the coming months, according to a statement from the London-based fintech.