Revolut plans to expand beyond financial services into a broader range of technology products, CEO Nik Storonsky said at the Wave by Vento technology conference in Turin.

The company has developed proprietary AI models trained on transaction data, with 30–40 million transactions processed daily providing a large dataset for model development. Storonsky said his long-term ambition is to build Revolut into a technology company comparable in scale with major U.S. tech groups. Revolut was valued at $115 billion in its latest secondary share sale.

Source: reuters.com