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Revolut plans advertising sales push as it waits for banking licence

Revolut is exploring plans to monetize customer data through sharing it with advertising partners, as the fintech seeks new sources of revenue while its application for a UK banking licence remains in limbo. The firm has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenues.

“We want people to have a daily routine: you check your Instagram, you check your emails and you check your Revolut,” Le Nel said. “We want to be part of your daily routine.”

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europe, banking, media, advertising