Key Highlights
- The company’s pretax earnings reached $2.3 billion in 2025, reflecting a 57% annual increase
- Total revenue climbed 46% to reach $6 billion, powered by subscription services, payment processing, and currency exchange
- Retail customer base expanded to 68.3 million users, representing 30% growth, alongside 767,000 business accounts
- Full U.K. banking authorization was granted to Revolut in early March 2026
- A U.S. Bank Charter application was submitted in March, enabling potential nationwide operations across America
The London-based digital banking platform Revolut has achieved unprecedented financial success. The fintech company announced pretax earnings of £1.7 billion ($2.3 billion) for the fiscal year ending December 31, 2025. This represents a substantial 57% jump compared to the £1.09 billion recorded in 2024.
Total revenue reached $6 billion for the period, reflecting a 46% year-over-year increase. This growth was distributed across multiple revenue channels. The company’s subscription offerings, payment card transactions, and currency conversion services emerged as particularly strong contributors.
The business banking division also demonstrated significant momentum. This segment generated 16% of overall revenue. The number of business clients jumped 33% to reach 767,000 throughout the year.
The retail user base expanded 30% to 68.3 million individuals. Customer deposit balances surged 66% to $67.5 billion. The company has established an ambitious objective of acquiring 100 million customers by the middle of 2027.
Co-founder and CEO Nik Storonsky characterized the company as having established a “diversified, resilient business that is profitable at scale.” He positioned these financial outcomes as laying the groundwork for the organization’s upcoming growth trajectory.
Chief Financial Officer Victor Stinga highlighted that Revolut now operates 11 distinct product offerings, each producing over £100 million in yearly revenue. He emphasized the platform’s “structural resilience to navigate any environment.”
Revolut began operations in 2015 and currently serves customers across 40 international markets. The company achieved a $75 billion valuation through a secondary share transaction in 2025. This valuation places it alongside established British banking institutions such as Barclays and Lloyds Banking Group.
Full U.K. Banking Authorization Secured
In early March 2026, Revolut obtained its comprehensive U.K. banking license from the Prudential Regulation Authority. The approval process had been extended, requiring considerable dialogue with regulatory authorities.
This authorization enables Revolut to introduce additional financial products within the U.K. market, including consumer lending and various credit facilities. Traditional banking institutions currently maintain dominance in the British lending sector.
Revolt also initiated complete banking services in Mexico during January 2026. According to CFO Stinga, the organization views expansion beyond European borders as its “next frontier of focus.”
American Market Entry Application Submitted
In March 2026, Revolut submitted an application for a U.S. Bank Charter. Should regulators approve this request, the charter would authorize the company to conduct banking operations nationwide through unified regulatory oversight.
The charter would additionally permit Revolut to provide consumer loans and credit card products to American customers. While the company maintains a presence in the United States, it currently lacks comprehensive banking authorization.
This U.S. application represents another milestone in the company’s worldwide expansion strategy. Stinga confirmed that the American market will become a primary strategic priority following the complete rollout of U.K. banking operations.
Revolt has not disclosed an anticipated timeframe for receiving a determination on its U.S. charter request.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
