Revolut's ambition is to be Spaniards' main bank
The neobank aims to close the year with eight million customers in Spain and is working to offer mortgages at the best time.
Revolut, a digital bank from the UK, has gained 6.5 million clients in Spain in just a decade. The bank's country manager for Spain and Portugal, Santiago Pérez Olano, outlines his priorities, which include accelerated growth, product penetration, localization, and innovation. The bank aims to have 8 million clients by the end of 2026.
Pérez Olano also discusses plans to offer mortgages and private banking services, and notes that Revolut may consider expanding these services to Spain in the future. The bank's growth has caught the attention of traditional banks, with some considering acquisitions of neobanks or fintech companies.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
