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Revolut to Add Faster Bitcoin Payments Using the Lightning Network
By: crypto ro|2025/05/07 23:15:01
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Key Points: Revolut is integrating Bitcoin’s Lightning Network for faster, lower-fee BTC transactions in the U.K. and select European countries. The integration is powered by Lightspark, a firm led by former PayPal executive David Marcus. No official launch date has been announced, but the move aligns Revolut with other fintechs adopting crypto-native payment infrastructure. Revolut, the digital banking platform based in the U.K., is planning to introduce support for Bitcoin payments using the Lightning Network. The new feature will be available to users in the United Kingdom and select countries in the European Economic Area (EEA). The move is designed to make Bitcoin transactions faster and cheaper by reducing the need to use Bitcoin’s slower base blockchain. To enable the integration, Revolut is working with Lightspark, a payments infrastructure company led by former PayPal executive David Marcus. Lightspark connects financial services to what it calls the “Money Grid,” a decentralized network for real-time global transactions. The Lightning Network, a layer-2 solution built on Bitcoin , allows users to send small payments almost instantly and with minimal fees. By using Lightspark’s infrastructure, Revolut users will be able to avoid the higher costs and congestion often seen on Bitcoin’s main chain. No Timeline Announced Yet While the feature has been confirmed, there is no official launch date. Lightspark noted in a blog post that it is working on the integration, but did not provide further timing details. Revolut’s crypto general manager, Emil Urmanshin, said the move fits with the company’s goal of making financial services faster and more affordable. “Integrating with Lightspark is a natural step,” he said. “Their approach to global transactions enables us to do exactly that.” Part of a Larger Trend in Fintech Revolut joins a growing list of fintech companies incorporating Bitcoin’s Lightning Network to improve crypto payments. Bitcoin payments app Strike, which also uses the Lightning Network, reported processing over $6 billion in volume last year, according to its CEO. The integration positions Revolut as part of a broader shift toward blockchain-based payment systems that aim to reduce costs, improve efficiency, and increase access across borders.
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