Revolut has grown to around 80 million customers globally and a valuation of approximately $115 billion, making it Europe’s most valuable startup and an increasingly significant competitor to established banks.

The company reported about £1.7 billion in pre-tax profit in 2025, but Reuters highlighted several remaining challenges: revenue per customer is still below that of major incumbent banks, lending represents a relatively small part of the business, and Revolut still needs to convince more users to make it their primary bank. The company continues to expand through new banking licences and markets while maintaining a relatively diversified revenue model.

Source: reuters.com