Global fintech leader Revolut has announced a landmark partnership with Lightspark, a pioneer in blockchain infrastructure solutions, to integrate bitcoin’s Lightning Network into its platform.
This collaboration, now live for Revolut users in the UK and select European Economic Area (EEA) countries, marks a transformative leap toward frictionless, real-time transactions—eliminating delays and exorbitant fees traditionally associated with digital asset transfers.
Breaking Barriers in Digital Currency Usability
By adopting Lightspark’s cutting-edge technology, Revolut empowers its 40+ million customers to execute bitcoin transactions instantly at a fraction of current costs.
This integration addresses longstanding pain points in digital currency adoption, positioning bitcoin as a practical tool for everyday payments. Users can now seamlessly send, receive, and store bitcoin with the same ease as traditional fiat currencies, backed by Revolut’s secure platform.
The partnership also advances Revolut’s integration into the open Money Grid, a decentralized network enabling universal interoperability between financial platforms.
This move aligns Revolut with forward-thinking fintechs adopting next-gen solutions like Lightning transactions and Universal Money Addresses (UMA), which simplify cross-border payments by replacing complex wallet codes with human-readable addresses (e.g., $john.smith).
Why This Matters
The collaboration challenges conventional payment rails, which often incur delays of days and high fees for cross-border transfers. By contrast, Lightning Network transactions settle in seconds for minimal cost, revolutionizing peer-to-peer payments, remittances, and merchant settlements. For Revolut users, this means:
- Instant transactions: Send bitcoin globally in under three seconds.
- Near-zero fees: Dramatically reduce costs compared to traditional crypto transfers.
- Enhanced utility: Use bitcoin for daily spending, not just as a speculative asset.
The Road Ahead
Revolut plans to expand Lightning Network access to additional markets in 2025, with ambitions to integrate UMA support for seamless fiat and digital currency interactions. Lightspark will continue optimizing its infrastructure to support Revolut’s scaling efforts, further bridging the gap between blockchain innovation and mainstream finance.
About Revolut
Revolut is a global financial app serving over 40 million customers worldwide. Offering services ranging from currency exchange and stock trading to digital assets and insurance, Revolut is committed to building a borderless financial ecosystem.
About Lightspark
Founded by former PayPal and Meta executives, Lightspark develops enterprise-grade solutions for the Lightning Network. Its technology stack empowers institutions to harness bitcoin’s speed and efficiency while maintaining regulatory compliance.