Revolut Statistics 2026: Powerful Revenue Insights

According to Revolut’s 24 March 2026 annual results, Revolut closed 2025 with 68.3 million retail customers and $6.0 billion in group revenue, up 46% year-on-year. According to Wikipedia, the company is headquartered in London and was founded by Nik Storonsky and Vlad Yatsenko on 1 July 2015.

Key Takeaways

• Revolut delivered group revenue of $6.0 billion (£4.5 billion) in 2025, a 46% year-on-year increase from $4.0 billion (£3.1 billion) in 2024.
• Profit before tax reached $2.3 billion (£1.7 billion), up 57% from $1.4 billion in 2024, with PBT margin expanding to 38% from 35%.
• Retail customers grew 30% to 68.3 million by year-end 2025, with 16 million new customers joining during the year.
• Total customer balances surged 66% to $67.5 billion (£50.2 billion), up from $38 billion in 2024.
• Business customers grew 33% to 767,000, contributing $365 billion in transaction volume.
• Subscriptions revenue reached $936 million (+67%), Card Payments hit $1.3 billion (+45%), Wealth grew to $876 million (+31%), and FX climbed to $800 million (+43%).
• Revolut now operates as a licensed bank in over 30 of its 40 markets, including the UK and Mexico, with a US OCC national bank charter application filed in March 2026.

Editor’s Choice

• Net profit grew to $1.7 billion (£1.3 billion) in 2025, up from $1.0 billion (£790 million) in 2024, Revolut’s fifth consecutive year of net profitability.
• Total transaction volumes rose 65% to $1.7 trillion (£1.3 trillion), with transactions per customer up 24% year-on-year.
• 11 distinct product lines each exceeded $135 million (£100 million) in 2025 revenue, a diversification benchmark uncommon among neobank peers.
• Revolut was valued at $75 billion in a September 2025 secondary share sale led by Coatue and Tiger Global, up from $45 billion in 2024.
• Revolut has committed to a £10 billion ($13 billion) five-year investment program to fuel international growth and innovation, including the new London Global HQ.
• The company has set a firm milestone of 100 million customers by mid-2027, supported by a diversified, multi-engine revenue model.

Recent Developments

• March 2026: Revolut exited UK banking mobilization, allowing it to provide full banking services to its 13 million UK customers.
• March 2026: Revolut filed a formal application for a US national bank charter with the Office of the Comptroller of the Currency.
• January 27, 2026: Revolut launched full banking in Mexico, becoming the first independent digital bank to secure a Mexican banking license through a direct application.
• Q1 2026: Revolut committed to a £10 billion ($13 billion) five-year investment program, including 1,000 high-skilled roles at its new London Global HQ.
• November 2025: Revolut was valued at $75 billion in a secondary share sale led by Coatue and Tiger Global Management.

Revolut Group Revenue Over Time

Revolut’s group revenue climbed to $6.0 billion (£4.5 billion) in 2025, an increase of 46% over 2024’s $4.0 billion (£3.1 billion). The trajectory reflects nearly a decade of compounding growth, from £2.3 million in 2016 to a multi-billion-dollar diversified franchise today.

• Group revenue: £4.5 billion ($6.0 billion) in 2025, up 46% year-on-year.
• Interchange take: approximately 0.2% per card transaction.

Through 2024, Revolut earned most of its revenue through interchange, taking 0.2% of each card-transaction fee. That single-digit-basis-point take is one reason group revenue compounding has had to come from product breadth rather than per-transaction pricing power.

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Revolut Customer Growth Over Time

Revolut welcomed 16 million new retail customers in 2025, bringing the total to 68.3 million by year-end, a 30% year-on-year increase. Business customers grew 33% to 767,000 over the same period.

• New retail customers in 2025: 16 million, bringing total to 68.3 million.
• Business customers grew 33% to 767,000.
• Over 63% of new customers joined via word-of-mouth or referrals.

Revolut also reported that more than 63% of new retail customers joined via word-of-mouth or referrals in 2025, a marker of organic distribution that most neobanks struggle to maintain past 50 million users.

As of March 2026, Revolut had over 70 million customers globally and supported transfers across more than 160 countries and regions. The customer curve has stayed convex for a decade, and the 100 million milestone now sits roughly 18 months out on the company’s own clock.

Revolut Customers by Country

The United Kingdom remained Revolut’s largest single market in 2024 with 10 million customers, followed by France (5 million), Romania (4.8 million), Poland (4 million), Spain (4 million), Germany (3.8 million), Ireland (3.2 million), and the United States (1.2 million). By March 2026, the UK customer base had reached 13 million as the company exited mobilization.

• UK: 10 million users in 2024 (grown to 13 million by March 2026).
• France: 5 million; Romania: 4.8 million.
• 1 in 5 working-age European adults now use Revolut.

Across Europe, 1 in 5 working-age adults now use Revolut, and the app ranks first in the Finance category in 15 countries and inside the top three in 26 countries. In the UK specifically, around 1 in 5 UK adults (19%) have a Revolut account.

What country uses Revolut the most?

The United Kingdom uses Revolut the most. Year-end 2024 data shows 10 million UK users, and by March 2026 that figure had grown to 13 million, the largest single-country base, ahead of France’s 5 million and Romania’s 4.8 million. The UK lead matters operationally because it is also the market where Revolut exited banking mobilization, gaining the full deposit-protection license that smaller markets do not yet have.

Revolut Customer Deposits Over Time

Total customer balances expanded 66% to $67.5 billion (£50.2 billion) in 2025, up from $38 billion (£30 billion) in 2024. The deposit base climbed from £0.9 billion in 2018 to £30.2 billion in 2024, a sustained run of compounding.

• Total customer balances: $67.5 billion (£50.2 billion), up 66% in 2025.
• Average consumer monthly deposit: approximately £575.
• Customer lending: $2.9 billion, just 4.3% of balances.

Average consumer monthly deposit volumes ran at £575 through 2024, reflecting Revolut’s role as a secondary or travel-focused account for a significant share of its customer base.

Customer lending grew 120% year-on-year to $2.9 billion (£2.2 billion) in 2025, consisting primarily of unsecured personal loans, credit cards, and a nascent mortgage portfolio. Revolut held 90% of assets in cash and cash equivalents and Treasury Investments at year-end, a deliberately prudent balance-sheet posture.

Loans equal only 4.3% of customer balances. The gap reflects a licensed-but-not-yet-lending posture. Revolut is earning primarily from card-flow, FX, and subscriptions while it builds credit-risk infrastructure.

Revolut Revenue by Segment

Revolut’s 2025 results disclosed four primary segment lines: Subscriptions at $936 million (£708 million, +67%), Card Payments at $1.3 billion (£1.0 billion, +45%), Wealth at $876 million (£663 million, +31%), and FX at $800 million (£606 million, +43%).

• Card Payments: £1.0 billion (+45% year-on-year).
• Subscriptions: £708 million (+67% year-on-year).
• Revolut Business: 16% of 2025 group revenue.

Revolut Business accounted for a 16% share of 2025 group revenue. The Group tracks 11 different product lines that each exceeded $135 million (£100 million) in 2025 revenue.

At Business of Apps’s stated 0.2% interchange take, £1.025 trillion of 2024 transaction volume would imply ~£2.05 billion in raw card-flow revenue, versus actual 2024 Card Payments revenue of £694 million. The gap reflects pricing discounts taken by Visa, Mastercard, and interchange-cap regulators, and explains the pivot toward higher-take-rate subscriptions and wealth.

Card-network economics on the rail behind Revolut’s interchange take run through the same Visa pricing mechanics that shape the Visa transaction data we track globally.

Revolut Profit and Loss History

Revolut’s 2025 net profit reached $1.7 billion (£1.3 billion), up from $1.0 billion (£790 million) in 2024.

• 2025 net profit: $1.7 billion (£1.3 billion).
• PBT grew 57% to $2.3 billion; PBT margin: 38%.
• Interest income: $1.3 billion (£974 million), up 23%.
• Fifth consecutive year of net profitability.

Source: Business of Apps (2016-2024), Revolut 2025 Annual Results (2025)

Profit before tax rose 57% to $2.3 billion (£1.7 billion), with the PBT margin expanding to 38% from 35% in 2024. This was Revolut’s fifth consecutive year of net profitability.

Interest income grew 23% year-on-year to $1.3 billion (£974 million) in 2025, up from $1.0 billion (£790 million) in 2024.

Revolut crossed into net profit for the first time in 2021 with £40 million in net income, slipped to a £25 million loss in 2022, then resumed profitable operations from 2023 onward. The 2025 net income figure of £1,305 million is roughly 32x the original 2021 breakeven.

Revolut Valuation History

Revolut’s headline valuation has climbed through every funding round since 2017.

• In November 2025, Revolut was valued at $75 billion in a September 2025 secondary share sale led by Coatue and Tiger Global Management.
• Revolut is targeting a market capitalization of between $150 billion and $200 billion in its eventual IPO, and planned a secondary share sale in the second half of 2026 at a valuation exceeding $100 billion.

Source: Pitchbook and Sifted via Business of Apps (2017-2024), The Guardian (Sept 2025)

Across 2017 to 2025, Revolut’s headline valuation expanded roughly 187x, from $0.4 billion to $75 billion. The 2021 SoftBank-led round established Revolut as the UK’s most valuable startup at £24 billion ($33 billion). The 2025 secondary cleared the prior peak by over $40 billion, putting the IPO-stage valuation arc well ahead of typical European fintech trajectories at the same customer-base scale.

Revolut Activity and Engagement

Total transaction volumes rose 65% year-on-year to $1.7 trillion (£1.3 trillion) in 2025. Transactions per customer grew 24% compared with 2024, indicating the platform deepened engagement even as it added 16 million new accounts.

• Total transaction volume: $1.7 trillion, up 65% year-on-year.
• Transactions per customer grew 24% in 2025.
• Revolut Business: $365 billion (£277 billion) of total transaction volume.

Source: Business of Apps (2016-2024), Revolut 2025 Annual Results (2025)

Revolut Business accounted for $365 billion (£277 billion) of the total transaction volume in 2025.

Paid plan adoption increased 42% year-on-year, and the RevPoints loyalty programme reached 17 million users across 36 markets in 2025, up from 6.6 million at year-end 2024. The 17 million RevPoints figure equals roughly 25% of the total 2025 customer base, meaning a quarter of Revolut’s users are actively engaged with a paid or rewards-bearing layer.

Revolut Profit Margin and Operating Leverage

• 2025 PBT margin: 38%, up from 35% in 2024.
• Interest income: $1.3 billion (£974 million), up 23% year-on-year.
• Card Payments revenue: $1.3 billion (£1.0 billion), up 45% year-on-year.
• Subscriptions revenue: $936 million (£708 million), up 67% year-on-year.
• Five consecutive years of net profitability through 2025.

“Our 2025 results further demonstrate the strength of our diversified model, as we continue to deliver rapid expansion alongside increasing profitability. Our 38% profit before tax margin is a result of disciplined financial steering and our ability to scale efficiently while continuing to invest in our people and infrastructure. With 11 different product lines now exceeding £100 million in annual revenue, our multi-engine platform provides the structural resilience to navigate any environment.”

“2025 was another landmark year. We have built a diversified, resilient business that is profitable at scale, providing the foundation for our next phase of growth. As we transition into a truly global bank, we are proving that our technology-driven operating model continues to drive rapid expansion and record profitability.”

Why it matters: Revolut’s 38% PBT margin on $6.0 billion in 2025 revenue gives the company the operating leverage to fund global expansion without diluting equity holders, sustain the £10 billion five-year investment program, and continue investing across the 11 product lines that each cleared $135 million in annual revenue.

The Storonsky framing signals the company’s transition from European challenger bank identity to global-bank ambition. The licensing arc below is the operational evidence behind the framing.

Revolut Banking License Footprint

Revolut received its EU banking licence as well as an Electronic Money Institution licence in December 2018 from the European Central Bank. The company subsequently secured its UK banking licence with restrictions via the standard “mobilization” stage. March 2026 marked the successful exit from mobilisation in the UK, allowing Revolut to provide banking services to its 13 million UK customers.

• EU banking + EMI licence: December 2018 (ECB, Lithuania).
• UK exit from mobilisation: March 2026.
• Mexico full banking launch: January 27, 2026.
• US OCC national bank charter filed: March 2026.

On January 27, 2026, Revolut launched full banking in Mexico, its first bank established outside of Europe, and the first independent digital bank to secure a Mexican banking license through a direct application. In March 2026, Revolut filed a formal application for a US national bank charter with the Office of the Comptroller of the Currency.

Revolut now operates as a licensed bank in over 30 of its 40 markets. The 6-year arc from one ECB licence to 30+ market licenses is the operational moat behind the user-count trajectory; e-money-only neobanks remain several years behind on deposit protection.

Is Revolut 100% safe?

No bank is “100% safe.” Revolut holds a full banking licence in the EU (December 2018 ECB), the UK (full operation from March 2026), and Mexico (January 2026), and operates under an Electronic Money Institution licence in markets where a full bank licence is not yet in place.

Revolut Workforce and Geographic Reach

• Headcount in 2025: approximately 12,200 employees.
• Headcount in August 2024: over 8,000 people in 25-plus countries.
• Five-year investment commitment: £10 billion ($13 billion), including 1,000 high-skilled roles at the new London Global HQ.
• Currencies supported for spending/ATM: 120.
• Transfer corridors: more than 160 countries and regions.
• In-app hold/exchange currencies: 29; withdraw currencies via debit card: over 130.
• Country availability: 37 countries, including every country in the EU and EEA.
• Average user age: 34, with approximately 60% of users identifying as male.

The profile sits between the millennial-mobile-first cohort and the established retail-banking demographic.

By the numbers: Revolut’s footprint blends 37 countries of availability, 120 spend currencies, 29 in-app hold currencies, 130+ debit-card withdraw currencies, and transfer corridors across 160+ countries and regions, supported by a 12,200-person workforce in 2025.

Through 2024, Revolut customers held an average monthly deposit of £575, and in 2025 over 63% of new retail customers joined via word-of-mouth or referrals. The Revolut customer profile also overlaps materially with crypto-curious users, a trend the crypto user demographics cohort data shows aging in the same direction as Revolut’s.

How many Americans use Revolut?

Through 2024, Revolut had 1.2 million customers in the United States, making the US Revolut’s eighth-largest country by user count behind the UK, France, Romania, Poland, Spain, Germany, and Ireland. With the March 2026 US OCC national bank charter filing, Revolut is shifting its plan to establish an independent US bank rather than partner with an existing licensed institution. The path from 1.2 million US customers to the company’s 100-million global target by mid-2027 depends on the speed of US licensing, which is why the OCC filing is the single highest-leverage operational event on the 2026 calendar.

Is Revolut still growing?

Yes. Revolut grew retail customers 30% and business customers 33% in 2025, while group revenue grew 46% and PBT grew 57%. Transaction volume grew 65% year-on-year to $1.7 trillion in 2025. Revolut is targeting 100 million customers by mid-2027.

Conclusion

Revolut closed 2025 with $6.0 billion in revenue, $2.3 billion in pre-tax profit, 68.3 million retail customers, and licensed-bank operations in over 30 of 40 markets. The 11-product diversification, 38% margin, and 90%-cash balance-sheet posture together describe a company still earning the right to lend at scale.

The next 18 months are operationally pivotal. If the Mexico, UK, and US licenses convert as planned, the 100-million customer milestone targeted for mid-2027 is plausible rather than aspirational.