Lightspark announced a new partnership with Revolut to enhance payment infrastructure using the Bitcoin network in the UK and selected European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid network, joining other fintech companies and wallets offering payment solutions, including Lightning transactions and Universal Money Address (UMA). Emil Urmanshin, CEO of Crypto at Revolut, emphasized that this integration aligns with the company's commitment to providing faster and more affordable financial solutions. David Marcus, CEO and co-founder of Lightspark, highlighted the importance of this partnership in modernizing financial transactions, positioning Revolut as a leader in the shift towards real-time payments, low costs, and borderless transactions.
