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Revolut rebuilds tech stack on PRAGMA foundation model

1 reports1 sources10/22/2026 updated

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Revolut announced it is rebuilding its technology stack on the PRAGMA foundation model to operate at the scale of billions of transactions across domains. The company had long questioned whether foundation models could achieve this scale and cross-domain capability, and the PRAGMA model is positioned to address that challenge. Starling Bank similarly deployed open models on sovereign cloud infrastructure to build proprietary agents, illustrating a broader industry shift toward open-model AI infrastructure in finance.

Written with AI from the reporting · updated 10/22/2026

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New at this step ·European financial institutions adopt open models to build proprietary intelligence on NVIDIA accelerated computing

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  1. 10/22/2026, 2:08:28 PM

    European financial institutions adopt open models to build proprietary intelligence on NVIDIA accelerated computing

    NVIDIA Blog

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  1. 1Oct 22, 00:00recorded Oct 22, 14:08single source

    Revolut rebuilds tech stack on PRAGMA foundation model

    Read original source ↗ NVIDIA BlogReplay this moment in the explorer

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Oct 22
  1. NVIDIA BlogSelected
    European financial institutions adopt open models to build proprietary intelligence on NVIDIA accelerated computing

    At GTC Berlin, financial institutions including Revolut and Starling Bank showcased production-scale AI built on open weight models and NVIDIA accelerated computing. Revolut is scaling its foundation model PRAGMA to service 80 million customers, while Starling Bank developed Starling Intelligence on U.K. sovereign cloud. Open models enable cost efficiency, with bunq's assistant Finn matching leading closed models at 60% cost per answer.