Revolut, one of many world’s main monetary tremendous apps with thousands and thousands of customers globally, has introduced a significant step ahead in its cryptocurrency and funds choices by a brand new strategic partnership with Lightspark, an organization specializing in next-generation Bitcoin infrastructure.
This collaboration brings next-generation Bitcoin infrastructure to Revolut clients within the UK and choose European Financial Space (EEA) international locations. The purpose? Remove sluggish transactions and excessive community charges by tapping into the Bitcoin Lightning Community and cutting-edge instruments just like the Common Cash Handle (UMA). In easy phrases, Revolut is making BTC funds sooner, cheaper, and extra sensible for on a regular basis use.
Revolut has constructed its fame on pace, effectivity, and giving customers extra management over their funds. Now, with Lightspark’s expertise, it’s going one step additional. By connecting to what Lightspark calls the “open Money Grid,” Revolut joins a rising ecosystem of fintech corporations embracing a brand new period of digital funds — one that’s instantaneous, borderless, and much more inexpensive than conventional programs.
Lightspark, led by former PayPal President David Marcus, focuses on fashionable Bitcoin cost infrastructure. Its core mission is to exchange outdated, bank-driven transaction programs with real-time, low-cost, globally accessible cost rails — one thing conventional banks have lengthy did not ship.
“Integrating with Lightspark is a natural step forward,” mentioned Emil Urmanshin, Common Supervisor of crypto at Revolut. “We’re always looking for ways to offer faster and more affordable financial solutions — and their approach to global transactions enables us to do exactly that.”
David Marcus, CEO and Co-founder of Lightspark, emphasised the dimensions of the shift: “The future of money is real-time, low-cost, and borderless—exactly what Lightspark solves for. For too long, traditional banks have relied on outdated, slow, and expensive payment systems — akin to dial-up when the rest of the world uses 5G. In a world with a new, open Money Grid that enables instant, seamless transactions, we’re excited to see a global fintech such as Revolut lead the way.”
By integrating with Lightspark, Revolut customers will quickly profit from near-instant Bitcoin funds, dramatically decrease charges, and seamless international transactions. The addition of UMA assist additional simplifies crypto funds, making them as straightforward as sending an electronic mail.
This transfer cements Revolut’s place as a frontrunner in each conventional and digital finance. By partnering with Lightspark, Revolut goes past merely maintaining with innovation — it’s taking an energetic position in shaping the way forward for international funds. With sooner, low-cost, and borderless transactions, Revolut helps redefine what fashionable monetary companies ought to appear to be.