Revolut Reports Record Profit and Expands into the U.S. Market

British fintech company Revolut announced a record annual pre-tax profit of £1.7 billion (approximately $2.3 billion) for the year 2025, marking a 57% increase from £1.09 billion in 2024. The company's revenue also surged by 46% to $6 billion, largely driven by its business banking services, which accounted for 16% of total income. This financial success coincides with a significant expansion in its customer base, which grew by 30% to 68.3 million, including an additional 16 million retail customers and a 33% increase in business clients, bringing the total to 767,000.

CNBCThe IndependentRevolut recorded a profit of 2.3 billion dollars in 2025. Romania is at the top of the countries with the most users of the application.

Revolut's valuation reached approximately $75 billion in 2025, solidifying its status as one of Europe's most valuable private tech companies. Cofounder and CEO Nik Storonsky stated, "We have built a diversified, resilient business that is profitable at scale, providing the foundation for our next phase of growth." He emphasized the company's commitment to transitioning into a global bank, highlighting the role of its technology-driven operating model in achieving rapid expansion and profitability.

CNBCRevolut recorded a profit of 2.3 billion dollars in 2025. Romania is at the top of the countries with the most users of the application.The Independent

A pivotal factor in Revolut's growth was the recent granting of a full banking license in the UK, which the company had sought for nearly five years. This license allows Revolut to offer a broader range of banking services, including lending, and to roll out current accounts to new customers in the UK. The company has also applied for a banking license in the U.S. as part of its strategy to penetrate one of the most competitive financial markets globally.

The IndependentRevolut recorded a profit of 2.3 billion dollars in 2025. Romania is at the top of the countries with the most users of the application.CNBC

Revolut currently operates as a licensed bank in over 30 of its 40 markets, underscoring its rapid global expansion. The firm aims to reach 100 million customers by mid-2027, reflecting its ambitious growth targets.

The Independent

Despite its successes, Revolut has faced scrutiny regarding its rapid expansion and regulatory compliance. Critics have raised concerns about the challenges of maintaining service quality and security as the company scales its operations. Additionally, the competitive landscape in the U.S. poses significant risks, as established banks and fintech firms may present formidable barriers to entry.

Revolut recorded a profit of 2.3 billion dollars in 2025. Romania is at the top of the countries with the most users of the application.

In light of these developments, Nik Storonsky remarked, "2025 was another landmark year. As we transition into a truly global bank, we are proving that our technology-driven operating model continues to drive rapid expansion and record profitability." The company is poised for further growth as it enhances its service offerings and navigates the complexities of new markets.

CNBC

• “We have built a diversified, resilient business that is profitable at scale, providing the foundation for our next phase of growth,” — Nik Storonsky, Cofounder and CEO of Revolut

CNBC

• “As we transition into a truly global bank, we are proving that our technology-driven operating model continues to drive rapid expansion and record profitability.” — Nik Storonsky, Cofounder and CEO of Revolut

CNBC

Revolut's record profit and strategic expansion into the U.S. mark a significant chapter in its evolution as a global banking entity, setting the stage for future developments in the fintech landscape.

Revolut recorded a profit of 2.3 billion dollars in 2025. Romania is at the top of the countries with the most users of the application.