Revolut – Weekly Recap

Revolut reported a busy week, underscoring its push to blend advanced artificial intelligence with product expansion and global growth. The company co-authored a scientific paper with NVIDIA on PRAGMA, a proprietary AI foundation model trained on 24 billion banking events to enhance credit scoring, fraud detection, and product recommendations.

PRAGMA is optimized for long sequences of transactions and app interactions rather than text, highlighting Revolut’s focus on domain-specific AI capabilities. By releasing the research openly while retaining in-house expertise, Revolut aims to strengthen risk management, personalization, and operational efficiency against both traditional banks and digital challengers.

The company also advanced its AI strategy through its AIR initiative, now live in the U.K. and slated for additional markets. As part of this program, Revolut appointed entrepreneur Stanislav Bondarenko as an Entrepreneur in Residence to build AI-powered travel services that can plan, book, and manage trips, leveraging Revolut’s infrastructure and large customer base.

The Entrepreneur in Residence model allows founders to control product scope, team building, and internal funding pitches while bypassing early-stage customer acquisition hurdles. This structure is designed to accelerate time-to-market for AI-driven offerings and deepen user engagement by integrating travel and lifestyle services into Revolut’s financial super-app.

Beyond AI, Revolut expanded its youth offering with “Revmojis,” privacy-focused 3D avatars in its Kids & Teens app for users aged 6–17 worldwide. The avatars, which replace profile photos and offer hundreds of thousands of customization options, aim to protect minors’ digital footprints while boosting engagement and self-expression.

The move supports a strategy to onboard customers from a young age and build long-term relationships across families. It also aligns with tighter regulatory and parental scrutiny around children’s data, potentially enhancing Revolut’s positioning in youth financial services.

Strategically, Revolut outlined a more aggressive international expansion, especially in the U.S., where it plans to invest more than $500 million and pursue a national bank charter. The firm is embedding AI across onboarding, fraud prevention, customer support, and financial insights to support scalable growth in the U.S., India, Mexico, and multiple Asia-Pacific and Latin American markets.

These initiatives are backed by strong financial momentum, with revenue rising to $6 billion in 2025 from $4 billion in 2024 and net profit increasing to $1.7 billion from $1 billion. With full banking licenses in the U.K. and EU, a 68.3 million-strong customer base, and internal IPO valuation targets of $150 billion to $200 billion over the medium term, the week’s developments point to Revolut entering a new scale phase, blending profitability, AI leadership, and global expansion.