Revolut customers donated more than £1 million within 24 hours to the Red Cross Ukraine. The company will donate £1.5m.

Revolut made it possible for millions of its customers to donate instantly to the Red Cross Ukraine appeal.

„On Friday, we opened instant, fee-free donations to our customers in the UK, Lithuania, Ireland, Poland, Switzerland, Portugal, Austria, Bulgaria and Singapore. Our customers donated more than £1 million within 24 hours. Since then, we’ve added 17 more European countries to that list, with even more around the world to come. We also ensured that people who wanted to send money to banks in Ukraine could still do that, and we’ve waived the associated transfer fees,” said in a personal letter Nik Storonsky, the CEO of Revolut.

„But Revolut can still do more. So today, in solidarity with the people of Ukraine, I am announcing that every donation made to the Red Cross Ukraine appeal will be matched by Revolut. For every pound or euro or złoty or franc donated by a Revolut customer to the appeal, Revolut will donate the same again, from today for the next 7 days, up to £1.5m,” Storonsky added.

Although he cames from Russia, Storonsky is now a British citizen, and by descent he is also Ukrainian. „My father is Ukrainian,” he said. So what does Storonsky think about the Russian invasion of Ukraine:

„For me, as for so many, the idea of a war between Russia and Ukraine is not just horrifying, it is almost impossible to believe (…) War is never the answer. This war is wrong and totally abhorrent. I am horrified and appalled at its impact, and I add my voice to those around the world calling for an immediate end to the fighting, and a commitment to diplomatic solutions. Not one more person should die in this needless conflict.”