Revolut, a leading fintech company, has announced a partnership with Lightspark to integrate Bitcoin Lightning Network payments for users in the UK and select European Economic Area (EEA) countries. This collaboration aims to enhance the speed and reduce the cost of Bitcoin transactions for Revolut’s customers.
The Bitcoin Lightning Network is a layer-2 protocol designed to facilitate faster and more cost-effective transactions by operating on top of the Bitcoin blockchain. By leveraging Lightspark’s infrastructure, Revolut users will be able to conduct near-instant Bitcoin transfers, addressing the common issues of network congestion and high fees associated with traditional blockchain transactions.
Emil Urmanshin, General Manager of Crypto at Revolut, stated,
“Integrating with Lightspark is a natural step forward. We’re always looking for ways to offer faster and more affordable financial solutions — and their approach to global transactions enables us to do exactly that.”
David Marcus, CEO and Co-founder of Lightspark, added,
“The future of money is real-time, low-cost, and borderless—exactly what Lightspark solves for. For too long, traditional banks have relied on outdated, slow, and expensive payment systems—akin to dial-up when the rest of the world uses 5G. In a world with a new, open Money Grid that enables instant, seamless transactions, we’re excited to see a global fintech such as Revolut lead the way.”
This move positions Revolut among a growing number of fintech firms adopting faster, crypto-native payment systems using blockchain technology. By integrating the Bitcoin Lightning Network, Revolut aims to provide its users with a more efficient and cost-effective method for conducting Bitcoin transactions.
The integration is expected to roll out to Revolut users in the UK and select EEA countries in the coming weeks.
