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28
Mar

Revolut partners with the Trussell Trust foodbank network during the coronavirus crisis

Challenger bank Revolut has parnered with the Trussell Trust food bank network to support emergency food needs around the UK.

The neobank’s UK customers will from now on be able to donate to the trust via the app. All the money donated by customers will go to the Trussell Trust, with Revolut charging no fees to donate. There is no minimum donation amount and the feature can be turned on and off by customers at any time.

The news of the partnership comes as the global pandemic is causing chaos and disruption across the world.

As the crisis continues, many people are bound to struggle to make ends meet, which will put extra strain on the UK’s food banks.

That is why Revolut hopes to do its part to help people cope as COVID-19 continues to disrupt the daily lives to the nation’s citizens.

“During these turbulent  times, it is deeply encouraging to see this massive wave of solidarity and we’re confident that our community of generous customers will appreciate the opportunity to donate and support those affected by COVID-19,” said Nikolay Storonsky, CEO and founder of Revolut.“We’re thankful that we could set up the partnership with Trussell Trust in a matter of days in order to help those who are affected, and look forward to working together to provide as much support as possible.”

Sophie Carre, head of corporate partnerships at the Trussell Trust, added, “As the coronavirus pandemic develops, more people than ever need help from our food banks. This situation presents a huge additional pressure on their already overstretched resources. We have started to see a reduction in food donations, coupled with a very real shortage of volunteers and on-the-ground support.

“We are working closely with our food banks, who are supporting those most vulnerable to the impacts of poverty and isolation, helping them to survive these months of crisis. They are under immense pressure and we anticipate a minimum of 400,000 emergency parcels will be supplied over the next three months. We know we won’t be able to do this alone, so we are truly grateful for this support from Revolut.”

Revolut customers will be able to donate via the in-app Donations feature, which allows all users to round up their card payments and donate the difference to charity. Customers can also donate by setting up a recurring payment or making one-off donations.

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