Revolut, a prominent financial institution headquartered in the United Kingdom, has introduced a data phone plan tailored for its British customers, featuring a virtual SIM card (eSIM) and global data access.
In an exclusive interview with CNBC, the company said it had become the first financial services firm in the country to offer telecom plans and one of the earliest globally to do so.
Revolut to Debut Its Phone Plans This Week
The new plans are scheduled to roll out later this week, offering convenience and flexibility to people in the UK. The digital banking and payments platform aims to make travelers in the region roam like locals by providing uninterrupted phone services without unexpected roaming charges.
The new service will initially cater to over 8 million UK customers before extending to its 35 million users globally.
The company said that customers on its basic app experience without a subscription will benefit from the new telecom plans. This group of customers will have access to a s...