Revolut: Announced the launch of Open Banking

Revolut: Announced the launch of Open Banking

  • Announced the launch of Open Banking for its over 400.000 retail and business customers in Italy
  • The new Open Banking feature allows Revolut customers in Italy to connect their Intesa Sanpaolo, UniCredit, UBI Banca
  • Currently, most customers can only access their Italian bank accounts’ details such as account numbers
  • Revolut’s new Open Banking offering has been built in partnership with leading provider of financial APIs TrueLayer
  • Using TrueLayer’s platform ensures account information from major Italian banks and challengers is quickly and securely integrated and updated.
  • Revolut’s goal has always been to help people manage their financial life in a quick, easy and convenient manner.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Stablecoins Gain Traction in B2B Payments

Growing interest shows potential for stablecoins in business transactions.Highlights: Stablecoins are becoming popular for business-to-business transactions.They provide improved...

Paysend Raises $25 Million, Strengthening Expansion Plans

This new funding round aims to boost Paysend's global reach and service offerings.Highlights: Paysend secures $25 million in...

Lloyds Tests Quantum Computing to Strengthen Fraud Detection

The bank explores advanced tech to tackle money mule networks effectively.Highlights: Lloyds is experimenting with quantum computing for...

9fin Secures $170 Million Raise, Valued at $1.3 Billion

The fintech platform enhances its funding to accelerate growth and innovation.Highlights: 9fin raised $170 million in a recent...