Fundraising Fox

Revolut

also invests · investor profile

52 known investors

revolut.com

London-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.

Also known as Revolut Group Holdings Ltd · Revolut Ltd

Investors · 52

Also in the syndicate · 10

CoatueCrowdcube retail investorsDragoneerleadFidelity Management & Research CompanyleadMubadalaNVentures (NVIDIA)Ribbit CapitalSeedrs retail investorsT. Rowe Price AssociatesTiger Global

Valuation · disclosed

Disclosed events
$75Bvaluation at Secondary share saleNov 2025
filing ↗
$45Bvaluation at Secondary employee share saleAug 2024
filing ↗
$33Bvaluation at Series EJan 2021
filing ↗
$5.5Bvaluation at Series DJan 2020
filing ↗
$1.7Bvaluation at Series CJan 2018
filing ↗
$350Mvaluation at Series BJan 2017
filing ↗
$40Mvaluation at Crowdfunding (Crowdcube)Jul 2016
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Revolut Group Holdings Ltd is a British financial technology company headquartered in London, England, founded in July 2015 by Nik Storonsky and Vlad Yatsenko. It provides free and subscription-based digital banking services delivered primarily through a mobile app, including current accounts, debit cards, stock trading, personal loans, foreign exchange, insurance, buy-now-pay-later and business accounts, alongside peer-to-peer payments and currency exchange services.

The product started as a card and app allowing UK and European Economic Area users to spend abroad at interbank foreign exchange rates, initially supporting spending in 90 currencies. A subscription-based business product, Revolut Business, launched in June 2017, giving companies in the UK and Europe multi-currency IBAN accounts able to hold, exchange and transfer money in 25 currencies. The service range later widened to include multicurrency accounts, cryptocurrency exchange and staking, peer-to-peer payments, travel and medical insurance, international transfers, savings vaults and interest on balances. In 2022 the UK Financial Conduct Authority added Revolut to its register of firms authorised to offer cryptocurrency products; in 2023 the company halted crypto trading for US customers, citing the evolving regulatory environment.

Revolut operates across the United Kingdom, the European Economic Area, Switzerland, Australia, Mexico, New Zealand, Japan, Singapore, the United States, Brazil and India. Governance includes Martin Gilbert as chairman, Nik Storonsky as CEO, Donato Lucia as CTO, Victor Stinga as CFO and co-founder Vlad Yatsenko as a non-executive director.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Customer depositsJan 202315,100,000,000 GBP
CustomersNov 202565,000,000 customers
EmployeesJan 202512,200 people
Founder ownership stakeDec 202529%
Net incomeJan 2025$1.3B
Net lossJan 2022$25M
Operating incomeJan 2025$1.7B
Profit before taxJan 2024$1.4B
Registered usersDec 202450,000,000 users
RevenueJan 20254,515,800,000 GBP
Revolut Business annualized revenueJan 2025$1B
UsersJan 202660,000,000 users
ValuationNov 2025$75B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 31

launches, deals, and filings
Aug 2026
French banking licence received

source ↗

Aug 2026
Chief Banking Officer Sid Jajodia joins Group Board as Executive Director

source ↗

Jul 2026
APAC licence secured and Revolut Bank Australia launched

source ↗

Mar 2026
Full UK banking licence received

Deposits under £120,000 covered by the Financial Services Compensation Scheme; the licence also authorises consumer credit services for UK customers.

source ↗

Jan 2026
Full banking operations launched in Mexico

Operations capitalised with over $100 million, more than double the regulatory minimum.

$100M source ↗

Jan 2026
US bank acquisition plan scrapped in favour of own licence application

Reports said Revolut abandoned plans to buy a US lender and is instead pursuing a licence via the Office of the Comptroller of the Currency; the company said it continues to explore all options including a de novo bank licence application.

source ↗

Jan 2026
Applied for a Peru banking licence

source ↗

Jan 2026
In talks to buy a Turkish neobank

source ↗

Dec 2025
Talks with Blackstone on fund distribution

Revolut entered talks with Blackstone that could see the alternative-asset manager offering its funds on Revolut.

source ↗

Nov 2025
Share sale completed at $75 billion valuation

Secondary transaction led by Coatue, Greenoaks, Dragoneer and Fidelity, with participation from NVentures, a16z, Franklin Templeton and T. Rowe Price; fifth employee share sale to date.

source ↗

Oct 2025
Mexico banking licence obtained

source ↗

Sep 2025
Frédéric Oudéa named Chairman of Western Europe hub

source ↗

Sep 2025
In-principle approval for a UAE payments licence

source ↗

Jun 2025
Agreement to acquire Cetelem Argentina from BNP Paribas

Announced plans to acquire the Argentina-based lender Cetelem Argentina; terms not disclosed.

source ↗

Jun 2025
Béatrice Cossa-Dumurgier appointed CEO of Western Europe HQ

Former Société Générale board member and BNP Paribas executive appointed to lead the Paris-based Western Europe headquarters.

source ↗

May 2025
Plan to invest $1.1 billion in France; Paris named Western European HQ

Announced at the Choose France summit; also announced plans to apply for a full French banking licence.

$1.1B source ↗

Apr 2025
Prepaid Payment Instruments licence from Reserve Bank of India

source ↗

Jul 2024
UK banking licence granted with restrictions

The Prudential Regulation Authority and Financial Conduct Authority granted a restricted UK banking licence, placing Revolut in the mobilisation stage.

source ↗

Oct 2023
European stock trading launched in the EEA

source ↗

Jan 2023
Irish customers transferred to a new Irish branch

Around 2 million Irish customers moved from Lithuanian IBANs to Irish IBANs.

source ↗

Sep 2022
Cyber attack exposes customer data

A cyber attack exposed the personal data of over 50,000 customers.

source ↗

Sep 2022
Added to FCA cryptoasset register

The UK Financial Conduct Authority added Revolut to its list of firms authorised to offer cryptocurrency products and services.

source ↗

Jan 2022
Began operating as a bank in 10 European countries

Switched from electronic money institution to bank status in markets including Belgium, Finland, Denmark, Germany, Liechtenstein, the Netherlands, Spain, Sweden and Iceland.

source ↗

Jan 2020
App launched in the United States and Japan

source ↗

Oct 2019
Operations started in Singapore

source ↗

Sep 2019
Entry into the Japanese market

source ↗

Sep 2019
Plans announced for expansion into 24 new markets

Expansion supported by agreements with Visa and Mastercard; company said it wanted to hire an additional 3,500 employees.

source ↗

Feb 2019
CFO Peter O'Higgins steps down

Reported as stepping down after three years; CEO said the business would require someone with global retail banking experience as Revolut sought bank licences in multiple jurisdictions.

source ↗

Dec 2018
EU banking and EMI licences granted

Received an EU banking licence and EMI licence from the European Central Bank, facilitated by the Bank of Lithuania, allowing deposit-taking and consumer credit but not investment services.

source ↗

Jun 2017
Revolut Business launched

Subscription-based business accounts with multi-currency IBANs supporting 25 currencies for UK and European businesses.

source ↗

Jul 2015
Revolut app launches publicly

The app launched publicly in July 2015 at the Level39 tech accelerator in Canary Wharf, offering spending abroad at interbank exchange rates.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Revolut do?
London-based digital banking app offering multi-currency accounts, cards, trading and business accounts to 65m+ customers.
Who are Revolut's investors?
Revolut's investors include Aglae Ventures, Alkeon Innovation, Alpha Wave Global, AMK Investment Office, Andreessen Horowitz, Aspire11, Balderton Capital, Blue Lion Global and 34 more.