Do you know how Revolut manages to scale internationally so rapidly while expanding their product portfolio? The answer lies in white-labelling APIs of multiple “Financial Infrastructure as-a-Service” (or FIS) players below. Revolut, similar to Chime and many others, is a consumer interface stitched together on the back of these infrastructure players.

Revolut is made of following components:

1. DriveWealth powers commission-free trading

2. Truelayer unlocks funding instruments

   • Data API enabling customers to connect their external bank accounts to Revolut in a few clicks

   • Payments API to enable customers to top up and access funds instantly, in real- time, without having to enter card details or share their bank credentials

3. Simplesurance: cell phone insurance made simple

4. Lending works: Make borrowing simple for Revolut users by delivering instant Credit

Each layer of the Product stack of neobank is increasingly being served by third-party providers who specialize in the layer (or aggregators)

Revolut…