Ten Lifestyle's services to be integrated within Revolut app
Ten Lifestyle Group has won a three-year contract with Revolut that will see its high-touch lifestyle and concierge services integrated within the Revolut app.
Revolut's Metal cardholders, who have access to services including cashback opportunities in global crypto and fiat currencies, overseas travel insurance, and exchange rate benefits, will now be able to request the AIM-listed company's travel, dining and ticket bookings via their mobile devices.
This contract is expected to be worth more than £2m in the 2019/20 financial year.
Alex Cheatle, chief executive of Ten Lifestyle, said: "We are delighted to secure this contract with Revolut, one of the world's fastest growing fintech companies, founded in 2015 and currently used by more than 4m customers.
"Revolut has developed significant innovations in the banking industry in a short period of time and we are confident that Ten will help further advance their proposition."
Ten Lifestyle Group shares were up 4.81% at 98.00p at 0837 BST.