Revolut criticised by Oireachtas Commitee for crypto offering and GDPR compliance 

Revolut said the average Irish crypto account held just under €450

Revolut has grown to over 3m Irish customers, with more than 80% of its customer base using their account for free through the bank's standard plan

Digital bank Revolut came under fire from Oireachtas members on Wednesday, with senior management at the Irish arm of the global fintech questioned about cryptocurrency, customer service and GDPR compliance. 

Country Manager of Revolut's Irish branch, Malcolm Craig and Group Head of Financial Crime Compliance, Eamon Howard met with the Joint Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach to discuss regulatory oversight of neo-banks amid their increased presence in the Irish market.