After disrupting the banking sector, Revolut is now targeting the telecommunications market. Since December 16, 2025, the fintech has been offering its first mobile plans in the UK and Poland. But is it ready to shake up this market as it did with banking?
Summary in 3 points
Revolut made a splash by launching its mobile plans in the UK and Poland, two markets where plan costs remain high. By partnering with Gigs, a virtual operator using the infrastructure of other operators, Revolut offers comprehensive services. These plans include not only Internet access but also calls and SMS, allowing number portability. This offer goes well beyond the usual travel eSIMs, which often limit themselves to Internet access.
The Revolut plan is offered at 14.99 pounds per month, with a promotional rate of 12.50 pounds for the first subscribers. Converting these amounts, this equates to approximately 17 and 14 euros respectively. This aggressive pricing could prompt other operators to review their own rates, especially in countries like Belgium or Switzerland, where plans are generally expensive.
Moreover, Revolut has integrated an original payment system for its mobile offer: subscribers can use their RevPoints, accumulated during their purchases with Revolut, to pay for their plan. This financial flexibility could appeal to big spenders, making the offer all the more attractive.
In France, the situation is different. Since Free Mobile entered the market in 2012, plan prices have dropped significantly. Offers under 10 euros per month have become common, making the market very competitive. Moreover, French plans already benefit from generous options, notably in 5G, which could complicate Revolut’s entry into this market.
For example, Sosh offers a plan at 15.99 euros per month with 200 GB of data in more than 100 destinations, a difficult advantage to beat. Furthermore, Revolut will have to rely on the network of other operators and could be limited by certain technologies like standalone 5G or Wi-Fi calling.
Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko with the aim of simplifying banking services. Initially offering foreign exchange and fee-free overseas payments, the fintech quickly expanded its range of services to include bank accounts, loans, and investments. Thanks to a strategy of constant innovation and aggressive pricing, Revolut has attracted over 18 million users worldwide.
With its foray into the telecommunications sector, Revolut seeks to replicate its banking success by offering simple, affordable, and innovative solutions. However, expanding its services to already mature markets like France could represent a significant challenge, requiring strategic adaptation to establish itself against well-established competition.