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Revolut profit hits record $2.3 billion in 2025

Revolut's pretax profit rose 57% to $2.3 billion in 2025 as customer base grew 30% to 68.3 million, supported by new banking licences and expanded lending.

  • On Tuesday, March 24, 2026, London-based Revolut reported record 2025 pretax profits of £1.7 billion, up 57% year-over-year, after regulators granted the firm a full banking license in England earlier this month.
  • Following a multi-year regulatory process that began in 2021, the license enables Revolut to transition into a global bank while expanding operations across more than 30 of its 40 markets worldwide.
  • Customer growth surged as Revolut added 16 million retail users to reach 68.3 million, while the company more than doubled its lending portfolio to £2.2 billion and generated $6 billion in revenue.
  • The group has started rolling out current accounts to a small number of British customers, positioning Revolut to compete directly with mainstream banks by offering a wider array of banking services.
  • Chief Executive Nik Storonsky outlined plans to invest $13 billion over five years, aiming to reach 100 million customers by 2027 as Revolut scales its technology-driven operating model globally.
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City AM broke the news in London, United Kingdom on Tuesday, March 24, 2026.
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