What are Revolut's current challenges in Singapore?

Revolut's challenges include i) distinguishing itself from YouTrip (i.e. as more than a travel card), and ii) incentivising existing YouTrip users to make the switch - or to at least try Revolut.

At the Seedly x Revolut event on Oct 2, the challenger bank also shared a constraint in entering the Singapore market: many of Singapore's hawkers still prefer cash.
That physical, tangible relationship with money means it'll take time for the country to go fully cashless -- and to convince the masses to that digital banks are the way of the future.