Revolut´s 2025 Vision: AI Assistant, Digital Mortgages, Branded ATMs, and More

Hey Digital Banking Fanatic!

Revolut just hit 50 million customers and isn’t slowing down! At The Revolutionaries event in London, co-founders Nik Storonsky and Vlad Yatsenko shared their vision for 2025, aiming to become the world’s first truly global bank.

Here are the standout updates:

► AI Assistant: Coming in 2025, this in-app companion will help users make smarter financial decisions and streamline admin tasks, with advanced features evolving alongside AI tech.

► Digital Mortgages: Launching in Lithuania, Ireland, and France, Revolut’s mortgages promise instant approval and final offers within one business day.

► Branded ATMs: Rolling out in Spain by early 2025, these will offer cash, card dispensing, and secure cash deposits with facial recognition.

► Revolut Business Upgrades: Expect credit products, competitive savings rates, biometric payment options, and expanded Buy Now Pay Later features.

"Revolut's future? No. 1 Global Bank in 100 countries for 100M customers and $100B revenue," states Nik Storonsky, CEO of Revolut.

Meanwhile, the company's strength is reflected in recent transactions, with early investors cashing out between $300-500 million in a Goldman Sachs-backed share sale at a $45 billion valuation.

Combined with a previous $500 million employee share sale to investors including Coatue, D1 Capital Partners, and Tiger Global, Revolut has facilitated up to $1 billion in share sales in recent months.

Cheers,

Marcel

INSIGHTS

Revolut just dropped 2 limited edition cards in the app to celebrate 50m users.

One in black one in white 👌

DIGITAL BANKING NEWS

🇬🇧 Revolut reveals 2025 vision, with AI Assistant, mortgages, and ATMs on the horizon. At the Revolutionaries event in London, Revolut celebrated 𝟱𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 customers and revealed BIG plans for 2025. Read on to learn about what’s next for Revolut.

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GOLDEN NUGGET

Have you ever found yourself conversing with industry professionals, and it feels like they’re all talking in code?

Here is a comprehensive alphabet:

Ready, set, go – from A all the way to Z! 🏁

A: API (Application Programming Interface)

B: BaaS

C: Card Scheme

D: Data Standard

E: E-Wallet

F: Financial Conduct Authority

G: Greater Financial Transparency

H: Hybrid Model

I: Interchange Fee Regulation

J: JSON

K: Know Your Customer

L: Legal Entity Identifier

M: Mobile Banking Application

N: Neobank

O: Open API

P: PSD2

Q: Quality Assurance

R: Regulatory Technical Standards

S. Strong Customer Authentication

T: Two-Factor Authentication

U: User Interface

V: Voluntary ASAP

W: Write Access Permission

X: XS2A

Y: YAML

Z: Zero-Touch On boarding

I highly recommend the complete deep dive article by Subaio for more interesting info on this topic.

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