Revolut, the British virtual bank platform, has launched its new AI financial assistant named AIR (AI by Revolut) to its more than 13 million customers in the UK. The new service allows customers to manage their finances through in-app chat, investment tracking, subscription monitoring, and card management. It also provides travel assistance capabilities such as trip budgeting and Revolot eSIMs purchases. The company emphasised its zero-data retention policy and its intention to simplify the digital bank experience without risking customers privacy.