📢 Europe: UK neobank Revolut connects to the Bitcoin network via Lightspark

📢 Europe: UK neobank Revolut connects to the Bitcoin network via Lightspark

Revolut has announced its integration with the decentralized Lightning payment network, using infrastructure developed by Lightspark based on the UMA protocol. This partnership will enable instant BTC transfers with minimal fees, within the open ecosystem known as the "Money Grid."

➡️ Availability: the integration will go live in the UK and selected European Economic Area (EEA) countries.

➡️ Launch date: the official rollout date has not yet been announced.

➡️ The solution uses Lightspark’s API and SDK, ensuring smooth integration with the Revolut platform.

➡️ The Lightning Network, once reserved for advanced bitcoin users, is gaining ground as a mainstream payment solution. For instance, the platform Strike processed over $6 billion USD in transactions over the past year.

➡️ Financial context: Revolut continues to grow its crypto services. In April, it reported a record annual pre-tax profit of $1.4 billion USD, up 149% year-over-year, driven in part by the digital asset market expansion.

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