Google has signed a multi-year, multi-million dollar agreement with Revolut to expand their strategic partnership, the companies announced today. The deal will see Revolut use Google Cloud’s secure and scalable infrastructure to power its fast-growing global systems, ensuring stability as the fintech company continues to add millions of users worldwide.
Revolut, which now serves more than 60 million customers, aims to cross 100 million users globally. It already ranks as the top mobile app in several markets and is one of the largest global partners for Google Pay and Wallet. The strengthened partnership with Google is described as a key step in Revolut’s strategy to expand its financial ecosystem.
The fintech company will also use Google’s AI and machine learning tools, including Gemini models, to provide customers with real-time insights, improve fraud detection, and build new personalised services.
"Google's world-leading AI and cloud infrastructure are an incredible asset," said David Tirado, Vice President of Global Business and Profitability at Revolut. "This partnership will empower us to rapidly scale our offerings, deliver even more personalised and valuable experiences to our customers, and continue to outpace the traditional financial sector. We're building the future of finance, and Google is a key partner on that journey.
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Revolut has been pushing into new areas, from launching its own ATMs in Europe to creating investment products and planning telecom services in the UK and Germany. The company said Google’s technology will underpin these initiatives by providing the backbone for its expanding portfolio of services.
Tara Brady, President, Google Cloud EMEA, said, "Revolut is consistently pushing the boundaries of the financial sector. Google is proud to provide the secure, scalable, and intelligent infrastructure, powered by our leading AI, to fuel its ambitious global expansion and help it deliver the next generation of financial services to a new audience."
Founded in 2015, Revolut has grown from 1.5 million customers in 2018 to more than 60 million today. The partnership with Google marks what both companies call a new chapter in scaling financial services for a global audience.
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