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.

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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.