Exploring the Mobile Phone Services Offered by Revolut
Revolut Expands into Mobile Services with App-Based Offering
British fintech company, Revolut, is set to launch a full-fledged mobile offering this year, aiming to disrupt traditional telecom pricing models and offer a seamless digital experience. The service, which will be available in the UK and Germany, will leverage eSIM technology and partner with existing network providers to offer competitive mobile plans with unlimited domestic data and generous roaming options.
The move builds on Revolut's strong fintech foundation, expanding its digital financial ecosystem. Revolut's general manager, Hadi Nasrallah, stated that the success of their eSIM product indicates mobile offers are ripe for disruption. The service is integrated into the same Revolut app used for banking, investing, and money management, providing a unified digital experience.
The mobile plans, which will be offered through an eSIM service provider (the specific partner has not been disclosed), will include unlimited domestic data and roaming. Pricing details emphasize transparency and competitiveness, aiming to undercut traditional tariffs by half. However, exact monthly costs or tiered pricing are not explicitly detailed in the publicly available information as of mid-2025.
Fintechs have previously handled mobile offers through cooperation partners, but Revolut is taking a step further by becoming a full-fledged mobile provider. Comparable tariffs with unlimited data volume currently cost twice as much on average. It is unclear whether Revolut's mobile service will be a 4G or 5G network.
Revolut's goal is to expand into a super app for finances, a goal shared by other major fintechs such as Klarna and Robinhood. The Revpoints program, Revolut's in-house bonus program, allows customers to earn points every time they pay with the Revolut card. Hotels and vacation rentals are already enabled for payment with Revpoints, and mobile is expected to be included.
Revolut currently has around 50 million customers, making it quite far along in the European comparison but still smaller than Asian super apps like Wechat or Alipay. The move into the mobile sector follows a trend of fintechs moving into the mobile sector, as analyzed by Payment & Banking last year.
The network provider for Revolut's mobile service has not been specified yet. The monthly cost of the Revolut mobile contract is said to be 12.50 euros. Lars-Thorben Niggehoff, a freelance journalist and founder of the journalism bureau dreimaldrei, who writes about financial topics, SMEs, and the real estate market for various publications, has been following the development of this story.
- The integration of mobile services into Revolut's existing application signals the fintech company's ambition to establish a comprehensive digital ecosystem encompassing banking, finance, business, and technology.
- By leveraging eSIM technology and partnering with existing network providers, Revolut's mobile offerings aim to disrupt traditional pricing models in the banking and technology sector, providing competitive mobile plans with unlimited data and generous roaming options.