Revolut hit by widespread outage disrupting payments, transfers and withdrawals
According to Dow Jones Newswires, the UK fintech Revolut suffered an outage on Tuesday that disrupted card payments, transfers and ATM withdrawals.
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what happened
Revolut said an outage on Tuesday affected "multiple services", and thousands of customers reported problems. According to Dow Jones Newswires, users had trouble making payments and reaching their funds. More than 1,500 people flagged issues with the app on the Downdetector monitoring service.
Card payments, transfers, ATM withdrawals, currency exchange and stock trading were unavailable. The company said all customer money and data are safe and that it is working to fix the problem.
On the same day, Google Cloud reported issues in Europe, with errors across several services and "intermittent network failures". Google had not yet responded to a request for comment.
why it matters
The incident shows how dependent fintech firms are on cloud infrastructure. A Google Cloud disruption in Europe could affect other services too, so investors may want to watch cloud providers' status pages. For Alphabet this is an operational risk, with no financial impact disclosed in the report.
market impact
Alphabet and cloud market: an operational outage in Europe may weigh on the Google Cloud reputation
tags
instruments
sources
- Revolut Hit by Widespread Outage Affecting Payments, Transfers, Withdrawals — Dow Jones Newswires, 20 October 2026 at 09:53 UTC
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