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Explained: What's happening with Revolut?

Published

20 October 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

United Kingdom

◆ Source

Read at rte.ie →

◆ Verified

Fusion42 · 21 October 2026 · Fusion42 review

A power outage in Google Cloud's London data centres caused a major service disruption for Revolut, affecting millions of customers in Ireland and the UK with issues like login failures, payment problems, and app downtime. This outage highlights fintechs' growing reliance on third-party cloud infrastructure and comes amid recent data breaches at Revolut, raising concerns about its service reliability and security.

This Wire brief sits within Fusion42's coverage of Fintech, and 35 sources have reported it between 20 Oct 2026 and 26 Oct 2026.

◆ ◆ The Wire takeaway

Google Cloud's outage breaks Revolut's platform, exposing your dependency risks on single providers. Move this week to design backups or dual cloud strategies or lose customers who can't pay during downtime.

◆ Coverage

35 sources · first reported 20 Oct 2026 · latest 26 Oct 2026

◆ Related on Wire

◆ Topics

Fintechgoogle-cloudoutagefintechservice-disruptiondata-breach