Revolut's rise to become Europe's $115 billion big bank rival
The London-based fintech said its 2025 pretax profit reached £1.7 billion as customers rose 45% from a year earlier.
- Revolut reached a $115 billion private valuation on Sunday, surpassing Britain's Barclays and France's Societe Generale to become Europe's most valuable startup. Investors are betting the fintech's tech platform will win over more customers globally.
- CEO Nik Storonsky is driving the firm's expansion into markets from Mexico to Australia, helping Revolut reach approximately 80 million users. Rapid penetration in Ireland demonstrates the platform's ability to attract a broad international customer base.
- Revolut reported a 2025 pretax profit of £1.7 billion, though its business model relies heavily on subscription fees rather than lending. With a loan-to-deposit ratio of 6%, the company generates significantly lower revenue per customer than established banking peers.
- Ombudsman data identified Revolut as Britain's most-complained-about bank for fraud cases in 2024 and 2025, while a September incident exposed customer data to hackers. The company said systems and customer funds remained unaffected and it contacted affected individuals.
- Investors are monitoring primary-account adoption, which rose 45% last year, as Revolut targets the competitive U.S. market. Analysts caution that converting casual users into primary banking customers remains critical for long-term success in this territory.
19 Articles
19 Articles
Revolut's rise to become Europe's $115 billion big bank rival
Revolut has risen to become Europe's most valuable startup and a challenge to centuries-old banking giants, having grown rapidly since it was launched just over a decade ago as a fintech promising cheaper forex fees.
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Cryptocurrency News | Cryptocurrency Prices | Market CapRevolut Sets Sights on New York Listing After Reaching $115B Valuation
TL;DR: Private Valuation: A secondary share sale completed in July valued the company at $115 billion, establishing the share price at $2,017. 2025 Financial Figures: The fintech posted annual revenues of $6 billion and pre-tax profit of $2.3 billion. User Base: The platform closed fiscal year 2025 with 68.3 million retail users and currently reports ...
Revolut's $115bn Valuation: A Lending Dilemma Unveiled
London, 7 October 2026 — EBM Newsdesk Analysis — By Amr Shabana Revolut is now valued at $115bn, which makes it Europe’s most valuable private tech company. The valuation was set in July, when staff and early backers sold shares at $2,017 each. The company itself raised no new money. Eleven months earlier it was […]
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