Case Study: Revolut achieves 2x increase in linked open-banking users and instant top-ups with TrueLayer

Revolut - Customer Case Study

Revolut, a fintech challenger bank serving 10M+ users, faced fragmented customer finances and costly, slow top-ups as most users also held accounts with other banks. To become the primary place for users’ finances and reduce transaction fees and onboarding friction, Revolut partnered with TrueLayer and leveraged its open banking capabilities (Data API, Payments API and Account Verify).

TrueLayer enabled Revolut to aggregate external accounts, provide instant account verification and process real‑time bank-to-bank top-ups, which simplified onboarding and reduced costs. Since integrating TrueLayer, Revolut has seen a 2x increase in weekly active users with linked open banking accounts, processed £30M+ in transactions with significant cost savings, and enabled instant verification for seamless payments.

Revolut

Joshua Fernandes

Open Banking Product Owner