![\"A](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/04\/AIR-PR-Budgeting.jpeg\")
\t\tAI by Revolut launched on Thursday.\t<\/p>\n\t\t\tThursday 09 April 2026 8:00 am
\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n
\t\t\tThursday 09 April 2026 10:24 am\n\t<\/p>\n
\t\tAI by Revolut launched on Thursday.\t<\/p>\n
Revolut has waded into the AI arms race with the debut of its personal finance assistant as fintech firms race to beef up the tech in their all-in-one super apps.<\/a><\/p>\n The $75bn digital banking giant<\/a> has launched AI by Revolut \u2013 a financial assistant embedded into its app. <\/p>\n The chatbot provides spending insights, investment updates and gives users the availability to plan a trip through a conversation within the firm\u2019s mobile app. <\/p>\n Revolut said the financial assistant would have a zero data retention policy, with no personal information stored by third-party partners. The bank did not disclose which AI vendors it had launched the assistant with. <\/p>\n It marks the latest shot fired in the AI arms race engulfing the banking sector as incumbents and challengers rush to clock the tech\u2019s benefits.<\/p>\n Starling<\/a> beat Revolut to the punch last month with the launch of its agentic AI financial assistant, providing similar day-to-day finance features. The assistant<\/a> was built with Google Gemini, running on the Google Cloud platform.<\/p>\n Harriet Rees, Starling\u2019s chief information officer and the Treasury\u2019s \u2018AI Champion,\u2019 said: \u201cNo idea is too bold\u201d following the launch.<\/p>\n Natwest also debuted its agentic AI assistant last month for users on its banking app. <\/p>\n \t\t\t\t\tRead more<\/p>\n \t\t\tRevolut\u2019s triumph reminds us what British tech sector is capable of<\/a><\/p>\n \tRevolut and Starling square off against incumbents in AI battle<\/p>\n Traditional banking giants have also quickly recognised the need to keep at pace with AI. <\/p>\n \u201cThis may be the year the market makes up its mind that banks are likely to be significant beneficiaries of AI,<\/a> particularly as relates to forward efficiency,\u201d analysts at UBS said in January.<\/p>\n They added that banks would be \u201cpressed hard this year\u201d to share a \u201ccoherent financial story for AI implementation: what is being spent now and what it means for the future shape of expenses overall and headcount in particular.\u201d<\/p>\n Each of Natwest, Lloyds and HSBC occupy a spot on the top 20 Evident AI index, which serves as a global benchmark for AI integration in the banking sector.<\/p>\n Partnerships have also dominated the sphere with Barclays partnering with Microsoft AI in a tie-up set to deploy AI tools to 100,000 bankers, Natwest sealing an agreement with OpenAI and HSBC partnering with French tech powerhouse Mistral.<\/p>\n