Revolut unveils ambitious 2025 plans: Digital mortgages, AI integration, and ATM expansion

Revolut has announced a bold vision for 2025, prioritizing fully digital mortgage services, advanced artificial intelligence (AI) integration, and the launch of a proprietary ATM network across Europe. The company aims to accelerate innovation, elevate user experience, and establish itself as the first truly global bank.

Co-founder and CEO Nik Storoński highlighted the transformative goals for the coming year, describing 2024 as a milestone in Revolut’s growth. “We’ve earned the trust of millions of new customers and introduced groundbreaking services. 2025 will take this further as we revolutionize traditional banking to benefit people,” he said.

A key focus for 2025 will be enhancing the app with an AI-powered financial assistant. This tool will cater to individual user preferences, promote healthy financial habits, and simplify money management. It will launch gradually throughout the year, evolving with advancements in AI to provide even greater functionality.

Revolut also plans to enter the mortgage market, introducing a fully digital product designed for speed and convenience. The service will debut in Lithuania before expanding to Ireland and France. Customers can expect an initial decision within minutes and a final offer within one business day, contingent on asset valuation and necessary checks. This initiative will complement Revolut’s broader effort to build a comprehensive loan portfolio across Europe, potentially including overdraft services in the near future.

In addition to digital mortgages, Revolut will roll out its ATM network, starting with a pilot in Spain early next year. These modern ATMs will handle cash withdrawals, payment cards, and eventually cash deposits. To enhance security, Revolut is considering implementing facial recognition technology to verify users during transactions.

The company is also expanding its business banking offerings, introducing its first credit product for European companies and plans for highly competitive savings accounts. Revolut will target industries like gastronomy and retail, providing tools to streamline operations with its Revolut Kiosk platform. Enhanced online transaction capabilities, including Buy Now, Pay Later (BNPL) services, are also part of the company’s vision.

Since its beginnings as a currency exchange service in London in 2015, Revolut has grown into a licensed European bank with over 50 million customers worldwide, including 4 million in Poland. With its ambitious 2025 roadmap, the company seeks to redefine banking through digital innovation and a customer-first approach, solidifying its position as a global leader in financial services.

Source: IBSnews
Photo: Nik-Storonski, CEO, Revolut