Revolut to enter Irish mortgage market next year

business
Revolut To Enter Irish Mortgage Market Next Year
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Revolut has announced plans to enter the Irish mortgage market next year.

The banking app said it's actively working to be able to offer mortgages.

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Revolut has 2.7 million users registered in Ireland, and currently provides loans of up to €30,000.

“The market reach that we have means that if you’re a first-time buyer or a second-time buyer or someone looking to switch, you probably already have a Revolut account,” Joe Heneghan, chief executive of Revolut Europe, told The Irish Times in an interview.

“No final decision on how we execute mortgages has been made just yet,” said a spokesman.

“However, the team are working tirelessly to bring this to the Irish market, where we feel we can have a significant impact. Ultimately, we want to bring the great experience our customers have with our other products to mortgages.”

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