Revolut Down: Global Banking App Outage Leaves Millions Unable to Pay

Revolut is currently down in a widespread outage affecting users across the UK, France, Spain, and beyond. By 8.09am on 20 October 2026, more than 1,500 users had reported issues via Downdetector, with nearly 65% citing app failures, 20% unable to access funds, and 8% facing login problems ^[1]. The disruption extends beyond the app — users say their Revolut debit cards are also non-functional, blocking in-store payments ^[2].

The company confirmed the issue in a statement posted on X, admitting to a 'service disruption affecting multiple features' and assuring users that its engineering team is working to restore full service ^[2]. Despite this, the official system status page on Revolut’s website claimed all systems were 'operational' at the time of publication — a contradiction that has fueled frustration.

Revolut, a UK-based fintech co-founded by Nik Storonsky and Vlad Yatsenko in 2015, has seen rapid growth. It reported a record £1.7 billion in pre-tax profits for 2025, up from £1.1 billion the previous year, as customer numbers surged by nearly a third ^[1]. The company secured full banking licence status in the UK in March 2026, marking a major milestone in its evolution from digital payments app to full-fledged bank.

With over 80 million personal customers and 800,000 business accounts globally, Revolut handles £4.52 billion in revenue annually ^[2]. The outage is particularly disruptive because it impacts both digital and physical transactions, unlike many previous outages that only affected online functions. Users have reported being unable to use chat support, make transfers, or even receive payments — with some describing the situation as 'absolutely nothing working' ^[1].

It remains unclear whether the outage is affecting every Revolut user; this claim has not been confirmed ^[2]. The company has not yet confirmed a timeline for resolution. As of now, Revolut’s official channels offer little clarity despite the scale of the disruption.

What happens next? Engineers are reportedly working through the issue, but with no official ETA, users are left in limbo — relying on cash or alternative payment methods while waiting for the platform to return. The story was first reported by Mirror and The Independent.