Revolut launches its Open Banking feature in Ireland

17 Jun 2020

Digital banking pioneer, Revolut has launched its Open Banking feature in Ireland, providing customers with aggregated account data from AIB, Permanent TSB, Ulster Bank, and Bank of Ireland.

The new service has been built in partnership with financial API provider TrueLayer. The collaboration also marks TrueLayer’s launch into the Republic of Ireland which the latter has already confirmed.

Revolut report Irish retail and business customers can now connect their bank accounts and see all balances and transactions from within the Revolut app.

The firm also plans to allow Irish customers to add money to their Revolut account via Open Banking.

The fintech first launched its Open Banking tool in the UK in February.

Joshua Fernandes, product owner for Open Banking at Revolut, says: “We’re delighted to see that regulation that facilitates Open Banking is creating the potential to change our financial landscape for the better.”