Fintech firm Revolut Scoops Up AI Travel Agent Startup

Key Points

• Revolut has acquired Berlin-based AI travel agent startup Swifty, founded at Lufthansa Innovation Hub, for an undisclosed amount.
• The acquisition aims to integrate Swifty’s AI technology and talent into Revolut’s loyalty program and expand its lifestyle services.
• Swifty’s AI agent manages autonomous travel bookings and will help Revolut deliver more personalized, seamless experiences for its 65 million customers.

Summary

Revolut has acquired Swifty, a Berlin-based AI travel agent startup developed at the Lufthansa Innovation Hub, as part of its strategy to enhance its lifestyle and travel offerings. The move brings Swifty’s proprietary AI travel booking technology, along with its co-founders, into Revolut’s ecosystem, with the goal of integrating these capabilities into Revolut’s loyalty program and expanding personalized services for its global customer base. This acquisition stands out in Revolut’s portfolio for its travel technology focus and underscores the company’s ambition to deliver seamless, AI-driven experiences.