Revolut could enter Irish mortgage market as early as next year

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Banking,Fintech,Ireland

Revolut says it is “actively working tirelessly” towards building a mortgage offering for its Irish customers.

The company has confirmed it is “actively working tirelessly” towards building a mortgage offering for its Irish customers.

It comes after the UK-based fintech company yesterday confirmed that its Irish customer base reached 2.7 million people at the end of last year.The company is insisting it is on-course to breach three million people this year – which would mean almost three-quarters of Irish adults are using the app.published this morning, Revolut Europe CEO Joe Heneghan said the first half of next year was a “realistic” target for the launch of Revolut mortgages.

"We're steadfast in our belief that we can have a positive and significant impact on the Irish mortgage market but have no specifics to share at present,” said Revolut Europe’s Head of Lending Maurice Murphy.“We remain confident that we can bring customers a great mortgage experience, as people would expect from Revolut given our successes across other product areas.

 

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