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.
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.”
- Demand increases for Open Banking as user numbers grow to more than two million
- Moneybox app announces Open Banking merger with Santander
- Tesco Bank introduces new payment technology for 2.6 million credit card customers
- Revolut customer base to grow by a third by 2021
- Open Banking market value to reach $43.15 billion by 2026