Revolut Suffers Major Outage, Disrupting Payments for Millions: Google Cloud Implicated

October 20, 2026
Revolut Suffers Major Outage, Disrupting Payments for Millions: Google Cloud Implicated
  • A broad outage affected Revolut, disrupting bank app payments for a large proportion of users, with the company acknowledging the issue and providing updates through its status page as engineers work to restore services.

  • Revolut said customer funds and data are safe, and that recovery work is underway, though no specific recovery timeline was given.

  • Revolut remains Europe’s most valuable startup by valuation, about $121.1 billion, serving over 80 million retail customers and aiming for roughly 100 million by mid-2027.

  • At the time of reporting, no concrete resolution or timeline had been issued, indicating the situation was still developing.

  • The article contains garbled text interspersed with readable reporting, suggesting data corruption or placeholder sections that do not contribute to the narrative.

  • The incident underscores fintechs’ reliance on centralized platforms and third‑party cloud providers, even as on-chain assets themselves did not show network failures.

  • Downdetector tracked rising outage reports, while Google Cloud had not yet provided a full timeline or cause for the disruption.

  • ING Germany reported login issues to online banking, though Reuters did not tie this to Google Cloud problems.

  • Google Cloud reported elevated errors and intermittent network failures in europe-west2, impacting multiple fintech services, with no workaround provided at that time.

  • The Google Cloud health dashboard flagged issues at its UK facility (europe-west2), hinting at broader infrastructure factors affecting services.

  • Ongoing monitoring continued and Reuters sought updates from Revolut and other banks as the situation evolved.

  • The episode highlights continued dependence on a small number of cloud providers for critical fintech infrastructure, echoing past outages from AWS and Azure.

Summary based on 15 sources


Get a daily email with more World News stories

More Stories