Revolut Expands UK Banking Business With Personal Loans
By PYMNTS
AI summary of the source article
Revolut has launched its first credit product since becoming a licensed UK bank, offering unsecured personal loans. Borrowers can access between 2,000 and 25,000 pounds with repayment periods ranging from one to five years.
Key facts
- Revolut launched its first credit product since becoming a licensed UK bank.
- The unsecured personal loans range from 2,000 pounds to 25,000 pounds.
- The loans are repayable over one to five years.
Source excerpt · PYMNTS
FinTech Revolut debuted its first credit product since becoming a licensed United Kingdom bank, according to a Monday (Oct. 26) press release provided to PYMNTS. The company’s unsecured personal loans offering allows users to borrow between 2,000 pounds (about $2,700) and 25,000 pounds (about $33,000), repayable over one to five years, the release said. “U.K. […] The post Revolut Expands UK Bankin…