Revolut Launches UK Personal Loans
Digital bank Revolut has begun offering unsecured personal loans in Britain, entering a lucrative consumer lending market dominated by traditional major banks. UK chief executive Francesca Carlesi stated that the company also plans to introduce credit cards and mortgages in the near future.
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Digital bank Revolut has launched unsecured personal loans in the United Kingdom, expanding into a consumer lending market worth billions. The move pushes Europe's most valuable startup to compete directly with traditional high street lenders. Revolut aims to transform from an everyday spending app into a primary financial institution for British consumers.
