The digital bank, which is one of the main challengers to traditional banking, has already announced the goal of reaching 1.5 million this year.

In 2024, Revolut should also add Portugal to the list of countries where it already offers personal credit to customers. The product should be made available in the second half of the year and will be the first time that Banco Revolut will offer financing to customers, “in a logic of transparency” and with “competitive” interest rates compared to the market, says Rúben Germano, who adds: “We don’t want hidden commissions and we want to be fair to the customer.”

As for other plans, the fintech of British origin failed to make available in Portugal, by the end of 2023, a Portuguese IBAN starting with “PT50”, as it had announced, as it currently uses the Lithuanian code.

Revolut's general director explains that this objective depends on the launch schedule of branches in other markets. But it should be noted that everything is in place to do so now in 2024, including with Banco de Portugal. “They have been very cooperative”, says Rúben Germano.

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