Revolut
App-first fintech platform for banking, payments, trading and business finance.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- REVOLUT LTD
- Entity type
- COMPANY
- Founded
- 2015
- Headquarters
- 30 South Colonnade, London E14 5HX
- Company size
- >5,000
- Market role
- B2C Consumer App / Platform
- Official website
- revolut.com
What Revolut does
Revolut operates a platform-based fintech model. It acquires retail and business customers through digital accounts, then expands wallet share by layering adjacent financial services such as payments, FX, cards, investing, crypto and expense management. Value is created through convenience, multi-currency functionality and a unified interface; revenue is captured via subscriptions, transaction economics and service-specific fees.
Category differentiation
This is the fintech platform and digital banking brand, not an adtech, martech or media company. It should also not be conflated with a standalone crypto exchange or a pure remittance provider, as its scope is broader across consumer and business finance.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Revolut is a UK-headquartered fintech platform operating a consumer financial super app and a parallel business finance offering. Its products span mobile banking, multi-currency accounts, international transfers, cards, savings, investing, crypto, freelancer accounts, business spend management and developer APIs. The company serves both retail users and businesses, with a particular strength in cross-border money movement and consolidated financial management through app-first products. Revolut generates revenue through a hybrid model rather than a single banking product. It combines paid subscription tiers, transaction and FX fees, card interchange, payment processing, trading and crypto fees, and business account charges. This makes it a multi-product financial platform monetising customer activity, premium features and embedded financial infrastructure.
Company news briefing
Briefing updated:
Revolut has confirmed plans for a dual IPO on Nasdaq and the London Stock Exchange, targeting a valuation between $150 billion and $200 billion from its current $115 billion private standing. This follows the OCC's grant of a conditional US bank charter, providing the neobank with a federal banking on-ramp. Meanwhile, Revolut addressed a targeted social engineering data breach affecting roughly 680 customers after attackers impersonated Italian authorities through a compromised certified email system.
Business model & monetisation
Revolut monetises through a blended fintech model. Consumer revenue comes from tiered subscriptions, FX spreads, transfer fees, card interchange, crypto spreads and trading fees beyond free allowances. Business revenue comes from subscription plans, usage-based charges on payments and currency services, and payment acceptance fees. Developer and infrastructure usage supports embedded finance and workflow integrations, adding transactional and platform-driven revenue streams.
- Consumer subscription tiers
- SaaS-style recurring subscription
- FX, transfers and card economics
- Transactional fintech fees and interchange
- Business accounts and payment services
- Subscription plus usage-based fees
- Trading and crypto activity
- Commission, spread and platform fees
- Developer and embedded finance usage
- Transactional API / platform usage
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Competitors & alternatives
- Robinhood
Consumer brokerage and fintech app for investing and crypto.
- Kraken
Crypto trading and infrastructure platform for consumers and institutions.
- Alior Bank
Polish bank offering digital retail, business and embedded finance services.
- Inter&Co
Brazilian fintech super app for banking, payments, investments and commerce.
- Wise
Cross-border payments and multi-currency account platform for consumers and businesses.
Side-by-side comparisons
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Revolut Confirms Dual IPO on Nasdaq and LSE
Financials · Recorded impact score: 4/5
Revolut's co-founder and CEO Nik Storonsky confirmed plans for a dual IPO on both the Nasdaq and the London Stock Exchange. The company is currently valued at $115 billion privately, with internal targets of $150B to $200B at listing. The announcement comes after years of Storonsky criticizing London's market as 'irrational,' and the article analyzes why London is considered the 'best available deal' rather than a true vote of confidence. The piece also discusses Wise's LSE-to-Nasdaq migration as a precedent, and separately covers Meta's launch of its 'Muse' connector, positioning Meta as a potential 'App Store for Agentic Commerce' following its acquisition of Stilla. The newsletter includes bonus content on Revolut's recent data breach and reasons for bullishness on the fintech.
- Revolut confirmed plans for a dual IPO on Nasdaq and the London Stock Exchange.
- Revolut's private valuation is $115 billion, with internal listing targets of $150-200 billion.
Revolut Data Breach: Criminals Posed as Italian Police
Privacy · Recorded impact score: 3/5
British neobank Revolut fell victim to a sophisticated social engineering attack where criminals impersonated an Italian government authority to request customer data. Approximately 680 customers across various countries, including Germany, were affected, with data such as identity documents, contact details, and transaction histories exposed. A group named 'Iamnotavillain' claimed responsibility and demanded a $3 million ransom in Monero, but Revolut said it had no direct contact. Other groups made similar claims. The attackers exploited a compromised or cloned email account within Italy's certified PEC email system, which financial institutions are legally obliged to respond to. Revolut stated its own systems were not compromised and no customer funds were lost. The incident raises concerns about the trustworthiness of official email domains and the need for enhanced verification processes.
- Revolut suffered a data breach affecting about 680 customers, including Germans, via a fake government request.
- Criminals impersonated an Italian law enforcement agency using a compromised or cloned PEC email account.
Revolut plans dual US and UK listing, targeting $200 billion valuation
Financials · Recorded impact score: 2/5
Revolut, the London-based neobank, is considering a dual stock market listing in New York and London, with co-founder and CEO Nik Storonsky revealing the plans in an interview with Les Echos. The company is targeting a valuation of up to $200 billion for its IPO, expected no earlier than 2028. Storonsky expressed a preference for the US market due to its larger investor pool, but aims to maintain a presence in London. This move follows similar actions by Wise, which moved its primary listing to New York. Revolut was last valued at $75 billion in a funding round, so the target valuation would require nearly tripling its value. The company's US expansion, including conditional approval for a US banking license, is seen as a key factor for the IPO's success. Revolut plans to invest around €2.3 billion annually in growth through 2030.
- Revolut is considering a dual listing in New York and London, targeting a valuation of up to $200 billion.
- The IPO is expected no earlier than 2028, with CEO Nik Storonsky preferring the US market.
Revolut Applies for Swiss Banking License, Plans Local Banking Push
Fintech · Recorded impact score: 2/5
Revolut has applied to the Swiss Financial Market Supervisory Authority (FINMA) for a banking license, aiming to establish a standalone Swiss bank. The company, with over 1.3 million Swiss customers, plans to invest over 150 million Swiss francs over five years. A license would enable local services like Swiss IBANs, salary accounts, eBill, merchant payments, and eventually Pillar 3a retirement savings and TWINT integration. Currently, Swiss IBANs are backed by Lithuania-based Revolut Bank UAB using PostFinance infrastructure. This move adds to existing licenses in Lithuania and France. Additionally, Revolut is addressing a security incident where attackers used fake government requests to obtain customer data, including crypto users. The company states its systems and funds were not affected. The application is pending FINMA approval.
- Revolut applied to FINMA for a Swiss banking license.
- Revolut has over 1.3 million customers in Switzerland.
Revolut Data Breach Via Fake Government Requests
Privacy · Recorded impact score: 3/5
Revolut, Europe's largest neobank, suffered a data breach after attackers, using a stolen government email address, submitted fraudulent data requests. The company complied, exposing sensitive data of at least 700 customers, including a low double-digit number in Germany. Leaked information includes identity documents, contact details, account numbers, transaction histories, account statements, verification photos, and Bitcoin activities, posing identity theft risks. The attackers are demanding a ransom and have published some documents, threatening further leaks. High-profile victims include tennis player Alexander Shevchenko and entrepreneur Felix Römer. Revolut stated its systems and customer funds were unaffected and has alerted regulators. The UK Information Commissioner's Office (ICO) has opened an investigation. This follows a 2022 breach affecting 50,150 customers, underscoring ongoing security concerns. Revolut has over 80 million customers and a $115 billion valuation.
- Revolut breached via fraudulent requests using a stolen government email address, affecting at least 700 customers, including a low double-digit number in Germany.
- Leaked data includes identity documents, contact details, transaction histories, account statements, verification photos, and Bitcoin activity, enabling identity theft.
Explore company relationships
Questions about Revolut
What is Revolut?
Revolut is a digital financial platform offering app-based banking, payments, multi-currency accounts, trading, crypto and business finance tools.
Who uses Revolut?
It is used by retail consumers, travellers, freelancers, sole traders, SMEs and some larger businesses needing digital finance and cross-border money services.
How does Revolut make money?
Revolut makes money from subscriptions, payment and transfer fees, FX spreads, card interchange, business service charges, and trading or crypto-related fees.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
17 publicly documented primary sources and citations linked across the market graph.
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