Global neobank Revolut is banking on Google Cloud to fuel its next growth surge, as the fintech sets its sights on more than 100 million customers worldwide.

Revolut said a multi-year, multi-million dollar partnership will expand its use of Google Cloud’s infrastructure to handle rising demand and ensure seamless performance.

The company will also use Google’s AI and machine learning tools, including Gemini, to deliver real-time financial insights and improve fraud detection.

Revolut has more than 60 million customers, up from 1.5 million in 2018, and says it has held the #1 spot on mobile app stores in multiple markets.

It is one of the largest global partners for Google Pay and Wallet.

Over the past year, Revolut announced new services such as its own ATMs in Europe and savings and investment tools, and outlined plans to offer mobile plans in the UK and Germany.

It said Google Cloud will provide the backbone for these services as it expands.

David Tirado, Vice President of Global Business and Profitability at Revolut, said,

“Google’s world-leading AI and cloud infrastructure are an incredible asset.

This partnership will empower us to rapidly scale our offerings, deliver even more personalised and valuable experiences to our customers, and continue to outpace the traditional financial sector. We’re building the future of finance, and Google is a key partner on that journey.”

Tara Brady, President, Google Cloud EMEA, added,

“Revolut is consistently pushing the boundaries of the financial sector.

Google is proud to provide the secure, scalable, and intelligent infrastructure, powered by our leading AI, to fuel its ambitious global expansion and help it deliver the next generation of financial services to a new audience.”