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08th Mar 2022

Revolut customers donate over €10 million to Red Cross Ukraine appeal

Hugh Carr

revolut red cross ukraine

More than €1 million was raised in the first 24 hours.

Revolut users across the world have raised over €10 million for the Red Cross to assist with those affected by the war in Ukraine.

The fundraiser first began on February 25, and since then, more than 300,000 users in over 50 countries have contributed to the charity.

CEO of Revolut Nik Storonsky denounced the war and has matched donations in the first week of March up to £1.5 million (€1.8 million).

“I would like to make clear, publicly, what I’ve felt privately from day one: war is never the answer,” Storonsky said.

“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,” he added.

100% of all funds raised through Revolut have gone directly to the Red Cross, and donations are free and instant.

“Communities in Ukraine have been bearing the brunt of eight long years of conflict,” the International Red Cross said.

“Even before recent developments, this is a conflict that hits people daily on personal, psychological and emotional levels, bringing death, injury and separation from loved ones, as well as the huge mental toll of ongoing violence and insecurity.”

Christopher Guttridge, head of Revolut’s donations team, said that he was delighted to see the support from users during the fundraiser

“Through our instant, fee-free donations and matching programme we are proud to use technology to speed vital support to those who need it most.

“Everyone at Revolut is proud to be part of a British company with global reach assisting the Ukrainian people in their time of need.

“Our customers’ generosity will enable many more people to benefit from the critical work of the Red Cross team on the ground in Ukraine and surrounding countries,” he concluded.

Irish viewers of the Late Late Show donated over €2 million to the Red Cross during a special program last Friday (4 March).

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