Revolut charts phased rollout of credit products as part of its fintech expansion

Speaking at the Money Conference in Cascais, Ruben Germano outlined Revolut's evolution from a single-product travel app to a broad fintech ecosystem that now includes savings, investments, loyalty and crypto services. He noted that each business unit accounts for less than 23% of total turnover, providing resilience across geographic markets. Revenue is driven by a 70% fee and 30% interest mix, a structure he said sets the challenger apart from incumbents.

Revolut has already launched personal credit and a pilot mortgage product in select regions and intends to roll out additional lending solutions gradually across other markets. Germano emphasized that credit products require more time to develop because Revolut lacks the extensive customer data held by legacy banks, but the firm is committed to reaching that goal.