Revolut, Europe’s most valuable private tech company

Revolut is cementing its leadership in digital banking and financial innovation. With over 52.5 million users, the company not only continued redefining how people interact with their money but also laid the regulatory foundations for long-term expansion.

Already operating as a licensed bank in 30 countries, including key markets across Latin America and APAC, Revolut is now set to deepen its global footprint with planned expansions into major markets like the US and India. The neobank secured a banking license in Mexico and revealed its plans to enter Colombia, signalling a broader push into the Latin American region.

The UK based fintech giant is the most downloaded finance app in 19 European countries, pulling ahead of the competition with 7 million more users than PayPal and 12 million more than Klarna. This growth was driven in part by the continued expansion of Revolut’s cryptocurrency services, including the launch of Revolut X, a standalone crypto trading platform.

In 2024, the company reported its fourth consecutive year of profitability, with profit before tax reaching $1.4 billion. Global revenue surged by 72% to $4 billion, driven by a double-digit growth across diverse segments such as subscriptions, FX, card payments, and wealth services.

Forecast remains strong as ever, with 2025 shaping up to be a pivotal year for Revolut’s product and platform evolution. The company is set to launch AI-powered financial tools while accelerating its push into business credit and mortgage offerings across Europe. Revenue is projected to reach $6 billion in 2025 and $9 billion in 2026.

Building on the year of exceptional performance and sustained growth, Revolut continues to attract significant market interest and investor confidence. The company is currently considering a new round at an impressive $75 billion valuation, highlighting their grasp as the fintech leader is poised to go public soon.

Source: Revolut's communication & market news, annual reports