Revolut Moves Forward: Mortgage Pilot, European Terminal Growth, and IPO Talks
Hey Digital Banking Fanatic!
As promised late last year by Revolut, the company is moving deeper into its banking ambitions. The digital bank has entered a new testing phase for mortgages and is expanding its payment terminals across Europe. At the same time, the UK government is renewing its push to bring Revolut to a London IPO.
In Lithuania, selected customers have begun testing Revolut’s digital mortgage product. The goal is to offer instant decisions in principle and deliver final offers within a single business day.
Over in Westminster, Revolut is once again part of the conversation. It joined other FinTechs in a closed-door meeting with the Treasury to discuss the prospects of IPOs in London.
Although no formal commitments were made, the message from policymakers was unmistakable: They want to keep major tech companies close. The question of whether Revolut will choose London or New York remains open.
Meanwhile, Revolut Terminal is gaining ground on the European continent. Slovakia is the latest addition to its growing European network. Now active in 16 markets, the POS device connects merchants to Revolut Business with same-day settlements and built-in analytics.
Everything is covered in the article I’ve prepared here.
Read all the other Digital Banking industry news below 👇 and I'll be back with more tomorrow!
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INSIGHTS
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DIGITAL BANKING NEWS
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