It finally happened. The world’s biggest branchless bank just did something very… physical. Revolut has launched its first-ever branded ATMs, starting with 50 machines across Barcelona and Madrid. It’s a major move from a company known for doing everything through screens; now giving users something they can walk up to, tap, and walk away from with cash.

The launch was timed with Primavera Sound, Barcelona’s biggest music festival, putting the machines directly in front of a global, high-traffic crowd. Revolut plans to scale the network quickly, with 200 ATMs across Spain expected by 2026 in Barcelona, Madrid, Valencia, and Malaga.

Beyond Cash Withdrawal

But this isn’t just a cash dispenser. These ATMs:

• Let non-users instantly get a Revolut debit card
  
  
• Offer fee-free withdrawals for existing customers
  
  
• Support multi-currency withdrawals using Revolut’s own exchange rates
  
  
• Are visible in-app with locations and directions

For Spain, where almost one in ten people already have a Revolut account, and cash is still a part of daily transactions, it’s a logical rollout. According to Chief Growth & Marketing Officer Antoine Le Nel, the ATMs aim to strengthen customer trust and add a sense of accessibility.

The ATMs were fully developed by Revolut’s 300-person tech team in Barcelona, marking a new category of product; not just another feature in the app, but actual infrastructure in the street.

…2025 will be bigger and better. We want to revolutionise banking for the better and we’re on the right path to achieve this.”

— Nik Storonsky, CEO & Co-Founder of Revolut (2024)

And yes, this was announced in advance. Revolut flagged ATMs as part of its 2025 roadmap last year. The company said then that Spain would be first, and now it’s delivering on schedule.

A different path from its fintech peers

Revolut’s move stands out. Most digital banks still avoid physical infrastructure altogether.

• N26 relies on third-party ATM networks like Allpoint. No branded ATMs.
  
  
• Wise is fully digital; it hasn’t moved into hardware.
  
  
• Monzo famously set up a short-lived ATM stunt with Greggs in 2024 that dispensed sausage rolls, not cash. Great PR, but not a real product.

So Revolut launching an actual, operational ATM network, built in-house, scaled nationally, and tied into onboarding, is rare. And deliberate.

Key takeaways for fintech startups

For fintech founders watching this space, here’s what this tells us:

• It’s not about going physical or digital; it’s about showing up where your users need you.
  
  
• Real-world touchpoints can drive both trust and conversion.
  
  
• Feature launches matter more when they fit a long-term strategy; Revolut flagged this in 2024 and delivered it in 2025.
  
  
• Not everything has to be a screen. Infrastructure can be your interface.

Want to build strategy that makes it off the roadmap? Your Fintech Story helps fintech startups scale with strategy, GTM clarity, and execution that lands. Let’s talk.