REVOLUT LAUNCHES DEDICATED AI RESEARCH DIVISION AND PROPRIETARY FOUNDATION MODEL

Summary from the TLDR Fintech newsletter

Revolut Research is a dedicated AI division behind PRAGMA, Revolut's proprietary financial foundation model developed with NVIDIA to power credit risk, fraud detection, platform operations, and personalized recommendations. The company says early tests show significant gains over legacy models and is betting that its data from 80 million customers across 40+ markets can create a compounding intelligence advantage over banks relying on third-party AI tools.