Revolut CEO and co-founder Nik Storonsky today pledged that 2025 would be “bigger and better” as the fintech giant revealed some of its product launches for next year.
Storonsky and Revolut co-founder Vlad Yatsenko revealed details of an AI assistant, a move into mortgages and a further rollout of ATMs at an event to celebrate Revolut hitting the 50 million customer mark.
Storonsky said:
"2024 has been a significant year for Revolut, with millions of new accounts opened and innovative products launched across our markets. 2025 will be bigger and better."
Coming in 2025 will be a Revolut AI-powered assistant, an in-app bot which will help guide customers towards “smarter money habits, enhanced financial decision-making and streamlined admin”. Revolut says the bot will be gradually rolled out in 2025.
The London-headquartered fintech is also moving into mortgages, a potentially lucrative revenue stream, kicking off with a digital mortgage product in Lithuania, followed by Ireland and France in 2025, and Revolut said it’s also looking at offering overdrafts.
Revolut, which is primarily known as a challenger bank, will also begin rolling out branded ATMs that dispense cash and cards in Spain early next year. The ATMs have already been installed in airports including Milan, Rome, Porto and could soon come to the UK, according to UKTN.
Meanwhile, Revolut's business offering, Revolut Business, will bring its first credit product to Europe while Revolut Business also plans to help companies manage their restaurant and store operations with Revolut Kiosk.
It said it also plans to push its Revolut Pay offering with multiple payment methods including, in future, Buy Now Pay Later.
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