Revolut Ltd (Revolut Ltd)

Lobbying Organisation Revolut Ltd

Date published 21 May, 2023

Relevant Matter Public policy or programme

Public Policy Area Banking and Financial Institutions

Period 1 Jan, 2023 to 30 Apr, 2023

Specific Details Briefing on Revolut's growth in Ireland (2m+ retail accounts and 150+ staff employed). Revolut’s investment in hi-tech fraud detection systems and anti-fraud processes; the need for urgent measures to stop fraud at source, as most originates from fake phone calls, fake texts and fake websites. Revolut credit - incl. personal loans and responsible Pay Later - and aim to support the green retrofit lending scheme. Revolut car insurance; long-term ambition to broaden lending and trading offerings

Intended results Support for Revolut’s continued growth and expansion in Ireland and for key measures to support fintechs, including support for pro-innovation European Investment Bank retail lending eligibility criteria to ensure that Irish consumers can benefit from the fast, popular and easy-to-navigate lending platforms offered by Revolut and other fintechs, ensuring the widest possible uptake of retrofit loans in line with the Government's climate action goals

Name of person primarily responsible for lobbying on this activity Sebastian Hamilton

Did any Designated Public Official(DPO) or former Designated Public Official(DPO) carry out lobbying activities on your behalf in relation to this return? You must include yourself, and answer Yes, if you are a current DPO or a DPO at any time in the past. (What is a Designated Public Official?) No

Did you manage or direct a grassroots campaign? No

Was this lobbying done on behalf of a client? No

Lobbying activity

The following activities occurred for this specific Subject Matter Area.

Meeting (2-5)

Designated public officials lobbied

The following DPOs were lobbied during this return period on this specific Subject Matter Area. These DPOs were involved in at least one of the Lobbying Activities listed above, but not necessarily all of them. As returns are specific to a Subject Matter Area the above Lobbying Activities may be associated with multiple returns.

Michael McGrath Minister (Department of Finance)

Jennifer Carroll MacNeill Minister of State (Department of Finance)

Stephen Foley Special Adviser (Department of Enterprise, Trade and Employment)

Kevin Barrett Special Adviser (Department of Public Expenditure and Reform)

Des Carville Head of Unit (Department of Finance)