Post Mortem: Revolut’s Revolving Doors of Remittance
Revolut, a fintech hailing from the United Kingdom, created a no-cost manufactured spending opportunity that allowed some to cycle over $500,000 in a matter of months.
Revolut, a fintech hailing from the United Kingdom, created a no-cost manufactured spending opportunity that allowed some to cycle over $500,000 in a matter of months.
In May 2021, Brightside offered a $10 top up promo that allowed a degenerate group of friends to liquidate $1000s in food, beer, and gift cards at no cost.
The Mogo prepaid card offered a loophole which allowed manufactured spending upwards of $100,000 earning both credit card points AND 2% cashback in bitcoin.