Revolut
London-based fintech founded in 2015 that offers accounts, cards, foreign exchange, trading and business banking in one app. It reported 68.3 million retail customers and USD 6.0 billion in revenue for 2025.
Industry: Digital banking and financial services | Location: London, United Kingdom | Founded: 2015 | Total Funding: USD 800M
About Revolut
Revolut is a London-headquartered financial technology company that offers accounts, cards, foreign exchange, payments, savings, trading and business banking in one app. Its annual report for 2025, published on 24 March 2026, reported 68.3 million retail customers and 767,000 business customers at the end of the year, and described it as a licensed bank in more than 30 of its 40 markets.
Nik Storonsky and Vlad Yatsenko launched Revolut in 2015. Storonsky is co-founder and chief executive, and Victor Stinga was quoted as chief financial officer in the 2025 results announcement. The company has said it wants 100 million customers by mid-2027.
In 2025 Revolut said eleven product lines each earned about 100 million pounds or more. Its largest revenue lines were card payments, subscriptions, wealth and foreign exchange. Launches that year included Revolut Mobile in the UK and Poland, mortgage refinancing in Lithuania, zero-commission ETF plans and contracts for difference trading in 29 countries.
Revolut received a full UK banking licence in March 2026 and began full banking operations in Mexico in January 2026. It applied for a US national bank charter in March 2026 and launched in India in October 2025. TechCrunch reported in November 2025 that it held an in-principle payments licence in the United Arab Emirates.
Revolut raised 800 million dollars in July 2021 at a 33 billion dollar valuation, in a round co-led by SoftBank Vision Fund 2 and Tiger Global. A share sale in 2024 valued it at 45 billion dollars. On 24 November 2025 a further share sale, led by Coatue, Greenoaks, Dragoneer and Fidelity, valued it at 75 billion dollars and let employees sell shares. For 2025, revenue rose 46 percent to 6.0 billion dollars, profit before tax was 2.3 billion dollars and net profit 1.7 billion dollars.
In April 2026 TechCrunch reported that Storonsky put a stock market listing at least two years away, and that the Financial Times reported a target value of 150 to 200 billion dollars. In September 2026 Revolut confirmed that it had disclosed customer information to an unauthorised third party.
Leadership
- Nik Storonsky, Co-founder and Chief Executive Officer
- Vlad Yatsenko, Co-founder
- Victor Stinga, Chief Financial Officer