Revolut has launched its own branded ATM machines in Spain.
Spain has been selected as the pilot market, with 50 ATMs to be rolled out in Madrid and Barcelona initially.
A further 150 machines are expected to be installed in other major cities such as Valencia and Málaga, bringing the total to around 200 nationwide.
These ATMs will be located in high-footfall areas, and users will be able to find them via an in-app map, which includes location details, directions, and opening times.
The initiative comes amid Spain’s continued reliance on cash.
Revolut already has a strong user base in the country, with close to 5 million customers using features such as in-house savings, Bizum (a popular local peer-to-peer payment system), and tax payment tools.
Spain is the first country to receive Revolut’s new physical offering, with further expansion planned for 2026 and beyond in countries including Germany, Italy and Portugal.
Despite major changes in how people manage money in recent years, ATM infrastructure has largely remained the same.
Revolut says its machines are designed to offer a more modern, digital-first experience, with features that allow users to withdraw cash, collect a new card, and check their balance.
The machines are intended for both locals and tourists, offering fast service and clearer information, particularly in relation to exchange rates and fees.
The move is also intended to enhance Revolut’s presence in physical locations, providing tangible brand interaction points in places such as travel hubs and busy urban centres.
According to the company, this could help to build trust and attract new customers.
For existing Revolut users, one of the key advantages is fee-free cash withdrawals, including those made internationally or within the EU.
Customers withdrawing funds in a foreign currency will continue to benefit from Revolut’s exchange rates.
Given that foreign ATM usage in Spain often comes with high fees and less favourable rates, this feature may be of particular interest to travellers.
Non-Revolut users can also use the ATMs for a competitive fee. At launch, they will be subject to their bank’s exchange rate, but Revolut plans to introduce a Dynamic Currency Conversion (DCC) feature, which would allow these users to choose Revolut’s real-time conversion at the point of withdrawal.
Additionally, individuals can sign up for a Revolut account directly at the ATM and receive a physical card immediately.
The new ATMs have a 32-inch touchscreen and are designed to offer a more intuitive user experience.
Revolut’s machines will also support contactless withdrawals via mobile wallets, removing the need for a physical card.
Other features include multi-language support, adjustable display settings for improved accessibility, and plans for future enhancements such as facial recognition for identity verification.
Revolut also aims to introduce support for cash deposits over time.
Manjot Bhatia, Operating Partner at Revolut, stated:
“Launching our own ATM network is a pivotal step in bringing Revolut’s vision closer to our customers, offering a truly global, seamless financial experience. By reimagining one of the most essential physical touchpoints in banking, the ATMs, we’re not just providing smarter cash access; we’re strengthening our brand presence, deepening engagement, and setting the foundation for the next phase of our growth across Europe.”
Following the launch in Spain, Revolut intends to expand the ATM network to additional European markets, depending on the outcome of this initial phase.
Source: https://fintechnews.ch/
