Revolut to Install First ATMs in Spain, Plans to Reach 200 by 2026

Wednesday, 04/06/2025 | 09:51 GMT by Arnab Shome
- The first batch of 50 ATMs will be installed in Madrid and Barcelona.
- The company plans to install three to five new ATMs each week.
British fintech firm Revolut will launch its first automated teller machines (ATMs) next Monday in Madrid and Barcelona, two major Spanish cities.
The company will initially deploy 50 ATMs and plans to expand to up to 200 across four Spanish cities—Barcelona, Madrid, Valencia, and Malaga—over the next two years. It aims to install three to five new machines each week.
A “Cashless” Firm, While “Cash Remains Important”
These ATMs will allow non-registered users to obtain a Revolut debit card on the spot and use it without any charge. However, a fee will apply when withdrawing money using debit cards from other banks.
Antonie le Nel, Chief Growth and Marketing Officer at Revolut
Speaking to the local press, Antonie le Nel, Chief Growth and Marketing Officer at Revolut, highlighted that Spain will be the first market to test the next phase of the “cashless organisation” but acknowledged that “cash is still important.”
He also revealed that one in ten Spaniards is a Revolut customer. Spain is Revolut’s second-largest market in continental Europe, with nearly 5 million users—behind only France, where it has more than 5 million customers. The United States, with over 11 million customers, remains Revolut’s largest market.
Revolut’s European Expansion
FinanceMagnates.com previously reported that Revolut plans to invest more than €1 billion (US$1.1 billion) in France and apply for a French banking licence. The firm also aims to grow its user base in the country to 10 million by the end of next year and 20 million by 2030.
Although Revolut operates across the European Union with a banking licence from Lithuania, it only received a similar licence in the UK last year. However, it has yet to launch services under the UK banking licence. Meanwhile, the neobank has also applied for a banking licence in New Zealand.
Revolut positioned itself as a challenger bank with its app-based platform. It is now leveraging its large customer base to expand its product offering. Last year, it partnered with CMC Connect to offer contracts for differences (CFDs) in three European countries, with plans for further expansion.
British fintech firm Revolut will launch its first automated teller machines (ATMs) next Monday in Madrid and Barcelona, two major Spanish cities.
The company will initially deploy 50 ATMs and plans to expand to up to 200 across four Spanish cities—Barcelona, Madrid, Valencia, and Malaga—over the next two years. It aims to install three to five new machines each week.
A “Cashless” Firm, While “Cash Remains Important”
These ATMs will allow non-registered users to obtain a Revolut debit card on the spot and use it without any charge. However, a fee will apply when withdrawing money using debit cards from other banks.
Antonie le Nel, Chief Growth and Marketing Officer at Revolut
Speaking to the local press, Antonie le Nel, Chief Growth and Marketing Officer at Revolut, highlighted that Spain will be the first market to test the next phase of the “cashless organisation” but acknowledged that “cash is still important.”
He also revealed that one in ten Spaniards is a Revolut customer. Spain is Revolut’s second-largest market in continental Europe, with nearly 5 million users—behind only France, where it has more than 5 million customers. The United States, with over 11 million customers, remains Revolut’s largest market.
Revolut’s European Expansion
FinanceMagnates.com previously reported that Revolut plans to invest more than €1 billion (US$1.1 billion) in France and apply for a French banking licence. The firm also aims to grow its user base in the country to 10 million by the end of next year and 20 million by 2030.
Although Revolut operates across the European Union with a banking licence from Lithuania, it only received a similar licence in the UK last year. However, it has yet to launch services under the UK banking licence. Meanwhile, the neobank has also applied for a banking licence in New Zealand.
Revolut positioned itself as a challenger bank with its app-based platform. It is now leveraging its large customer base to expand its product offering. Last year, it partnered with CMC Connect to offer contracts for differences (CFDs) in three European countries, with plans for further expansion.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
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In this webinar, Nahum Greenberg, Product Manager of B2Connect at B2BROKER, presents B2Connect, a cryptonative liquidity hub. He discusses how it addresses challenges in fragmented liquidity and connectivity for both digital and traditional assets. The session includes a live demo of B2Connect’s features, like margin account management and its synthetics engine for custom trading instruments. Greenberg explains how B2Connect offers competitive advantages to liquidity providers and trading venues through enhanced liquidity and unique instrument offerings. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official #B2Core #CRM #Fintech #B2Broker #ForexCRM #CryptoCRM #TradingPlatforms #KYC #Onboarding #CustomerManagement Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
In this webinar, Nahum Greenberg, Product Manager of B2Connect at B2BROKER, presents B2Connect, a cryptonative liquidity hub. He discusses how it addresses challenges in fragmented liquidity and connectivity for both digital and traditional assets. The session includes a live demo of B2Connect’s features, like margin account management and its synthetics engine for custom trading instruments. Greenberg explains how B2Connect offers competitive advantages to liquidity providers and trading venues through enhanced liquidity and unique instrument offerings. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official #B2Core #CRM #Fintech #B2Broker #ForexCRM #CryptoCRM #TradingPlatforms #KYC #Onboarding #CustomerManagement Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
In this webinar, Nahum Greenberg, Product Manager of B2Connect at B2BROKER, presents B2Connect, a cryptonative liquidity hub. He discusses how it addresses challenges in fragmented liquidity and connectivity for both digital and traditional assets. The session includes a live demo of B2Connect’s features, like margin account management and its synthetics engine for custom trading instruments. Greenberg explains how B2Connect offers competitive advantages to liquidity providers and trading venues through enhanced liquidity and unique instrument offerings. 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official #B2Core #CRM #Fintech #B2Broker #ForexCRM #CryptoCRM #TradingPlatforms #KYC #Onboarding #CustomerManagement Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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Trading with XM: What You Need to Know | Full Review by Finance Magnates
Trading with XM: What You Need to Know | Full Review by Finance Magnates
Trading with XM: What You Need to Know | Full Review by Finance Magnates
Trading with XM: What You Need to Know | Full Review by Finance Magnates
Trading with XM: What You Need to Know | Full Review by Finance Magnates
Trading with XM: What You Need to Know | Full Review by Finance Magnates
In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don’t forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview
In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don’t forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview
In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don’t forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview
In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don’t forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview
In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don’t forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview
In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don’t forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview
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Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025
Introducing iFX EXPO LATAM 2025