Key Highlights
- The fintech firm achieved pretax earnings of $2.3 billion for 2025, representing a 57% annual growth
- Total revenue climbed 46% to reach $6 billion, fueled by subscription services, payment card transactions, and currency exchange
- Customer base expanded to 68.3 million retail users (30% growth) and 767,000 business accounts
- Full U.K. banking authorization was granted by regulators in March 2026
- Application for a comprehensive U.S. Bank Charter was submitted in March, enabling nationwide operations
The London-based digital banking platform has unveiled its strongest financial performance yet. Revolut announced pretax earnings of £1.7 billion ($2.3 billion) for the fiscal year ending December 31, 2025—marking a substantial 57% surge compared to the £1.09 billion recorded in 2024.
Annual revenue reached $6 billion, representing a 46% escalation from the previous twelve-month period. The growth proved broad-based across multiple revenue channels. Subscription offerings, payment card transactions, and currency conversion services delivered particularly robust performance.
The commercial banking division contributed significantly to these results. This business segment represented 16% of consolidated revenue. The corporate client base expanded by 33% throughout the year, reaching 767,000 accounts.
Retail customer numbers increased 30% to 68.3 million users. Combined customer deposits surged 66% to $67.5 billion. The company has established an ambitious goal of attracting 100 million customers by the middle of 2027.
Nik Storonsky, CEO and co-founder, characterized the organization as having developed a “diversified, resilient business that is profitable at scale.” He positioned these financial outcomes as establishing the groundwork for the company’s upcoming expansion chapter.
Chief Financial Officer Victor Stinga highlighted that Revolut currently maintains 11 distinct product categories, each producing over £100 million in yearly revenue. He characterized the ecosystem as possessing “structural resilience to navigate any environment.”
Established in 2015, the fintech enterprise now maintains operations across 40 international markets. It achieved a $75 billion company valuation through a secondary share transaction in 2025. This valuation positions it alongside traditional U.K. financial institutions such as Barclays and Lloyds Banking Group.
Full U.K. Banking Authorization Secured
In March 2026, the company obtained its comprehensive U.K. banking authorization from the Prudential Regulation Authority. The approval process proved extensive, requiring substantial regulatory dialogue and documentation.
This authorization empowers the platform to introduce additional financial products throughout the U.K. market, including consumer lending and various credit facilities. Traditional financial institutions currently maintain dominance in the lending sector across the country.
The company also initiated complete banking services in Mexico during January 2026. According to CFO Stinga, international markets beyond Europe represent the organization’s “next frontier of focus.”
American Market Entry Application Submitted
The fintech firm submitted its application for a U.S. Bank Charter during March 2026. Approval of this charter would authorize the company to conduct banking operations throughout all 50 American states under unified regulatory oversight.
This authorization would additionally enable the platform to provide consumer loans and credit card products to American clientele. The company presently maintains U.S. operations but functions without comprehensive banking credentials.
The American charter application represents the most recent development in the company’s worldwide expansion strategy. Stinga confirmed that the United States market will become a primary strategic priority following the completion of the comprehensive U.K. banking rollout.
The organization has not disclosed an anticipated timeframe for receiving a determination on its U.S. charter petition.
