OverviewSuggest Edit

Revolut is a fintech company that provides a range of banking services online. It develops a platform offering a pre-paid debit card, currency exchange, cryptocurrency exchange, and peer-to-peer payments. The company enables users to exchange currencies at interbank rates, send money through social networks, and spend with a multi-currency card.

TypePrivate
Founded2015
HQLondon, GB
Websiterevolut.com
Employee Ratings3.3
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2019)2,261(+258%)
Job Openings639
Revenue (FY, 2019)£162.7 M(+180%)
Cybersecurity ratingCMore

Key People/Management at Revolut

Nikolay Storonsky

Nikolay Storonsky

Co-Founder & CEO
Vladyslav Yatsenko

Vladyslav Yatsenko

Co-Founder, CTO
Mikko Salovaara

Mikko Salovaara

VP of Finance
Pierre Decote

Pierre Decote

Group CRO
Alan Chang

Alan Chang

SVP Revenue
Matt Baxby

Matt Baxby

Interim Group CEO Banking
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Revolut Office Locations

Revolut has offices in London, New York, San Francisco, Melbourne and in 23 other locations
London, GB (HQ)
4th Floor, 7 Westferry Circus
Melbourne, AU
152 Elizabeth St
Toronto, CA
240 Richmond St W 4th Floor
Tokyo, JP
Tri-Seven Roppongi 8F, 7-7-7 Roppongi
Vilnius, LT
Konstitucijos ave. 21B
Kraków, PL
Podium Park, al. Jana Pawła II 43a
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Revolut Financials and Metrics

Summary Metrics

Founding Date

2015

Revolut total Funding

$916.5 m

Revolut latest funding size

$80 m

Time since last funding

a year ago

Revolut investors

Revolut's latest funding round in July 2020 was reported to be $80 m. In total, Revolut has raised $916.5 m. Revolut's latest valuation is reported to be $5.5 b.
View all funding rounds

Revolut Revenue

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View revenue for all periods
Revolut's revenue was reported to be £162.72 m in FY, 2019 which is a 179.4% increase from the previous period.
GBP

Revenue (FY, 2019)

162.7m

Revenue growth (FY, 2018 - FY, 2019), %

179.4%

Gross profit (FY, 2019)

(15.2m)

Gross profit margin (FY, 2019), %

(9.3%)

Net income (FY, 2019)

(105.9m)

EBIT (FY, 2019)

(107.4m)

Market valuation

5.5b

Cash (31-Dec-2019)

2.5b

EV

3.2b
GBPFY, 2017FY, 2018FY, 2019

Revenue

12.8m58.2m162.7m

Revenue growth, %

443%354%179%

Cost of goods sold

19.4m68.3m177.9m

Gross profit

(6.6m)(10.1m)(15.2m)
GBPFY, 2017FY, 2018FY, 2019

Cash

23.9m1.1m2.5b

Accounts Receivable

1.0m668.0k7.5m

Prepaid Expenses

112.4k1.7m3.2m

Inventories

591.7k3.6m13.0m
GBPFY, 2017FY, 2018FY, 2019

Net Income

(14.8m)(32.8m)(105.9m)

Depreciation and Amortization

90.3k478.0k1.3m

Inventories

(170.7k)(3.0m)(9.5m)

Accounts Payable

10.4m35.1m25.0m
GBPFY, 2017

Revenue/Employee

108.5k

Financial Leverage

1.3 x
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Revolut Operating Metrics

Revolut's Customers was reported to be 15 m in Apr, 2021.
Jun, 2017Jul, 2017Oct, 2017Nov, 2017Dec, 2017Feb, 2018Mar, 2018Apr, 2018May, 2018Jun, 2018Aug, 2018Sep, 2018Nov, 2018FY, 2018Feb, 2019Mar, 2019Jul, 2019Aug, 2019Sep, 2019Nov, 2019FY, 2019Feb, 2020Apr, 2020Feb, 2021Apr, 2021

Customers

660.31 k750 k850 k1 m1.3 m1.5 m1.7 m2 m2.5 m3 m3.5 m3.5 m4 m6 m6 m7 m8 m10 m10 m10 m12 m15 m

Transactions to Date

29.43 m29.43 m42 m60 m150 m250 m350 m350 m350 m

Transaction Volume to Date

£6.1 b£10 b£25 b£40 b£40 b£40 b

Average Monthly Transaction Volume

£1.5 b£1.8 b
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Revolut Acquisitions / Subsidiaries

Company NameDateDeal Size
OOO Revolut Technologies
Revolut Australia NOHC Pty Ltd
Revolut Holdings US Inc
Revolut Payments Australia Pty Ltd
Revolut Payments Ireland Limited
Revolut Payments UAB
Revolut Securities Inc
Revolut Securities Japan, Inc
Revolut Technologies Inc
Revolut Technologies Japan, Inc.
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Revolut Revenue Breakdown

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Revolut revenue breakdown by business segment: 63.1% from Card Usage and Interchange Fees, 12.6% from Other Fees and 24.3% from Subscription

Revolut revenue breakdown by geographic segment: 99.8% from UK and 0.2% from Other

Revolut Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Revolut Online and Social Media Presence

Embed Graph

Revolut Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A+

    83/100

  • Compensation

    A+

    87/100

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Revolut News and Updates

Revolut waives fees on remittances to Malaysia and India in support of customers with families battling the pandemic back home

In a gesture of support for global customers and their families, Revolut will temporarily waive fees on international remittances directed to India and Malaysia. Last month, Revolut announced that it would be waiving fees on remittances to India which has been extended for a further 30 days to 10 J…

Fintech bank Revolut is adding dogecoin to its offering to meet a boom in customer demand for the cryptocurrency

Revolut has added dogecoin to its offering to meet booming customer demand for the meme cryptocurrency, the fintech bank said on Tuesday. "There just aren't enough dogs in the Revolut app...but we're about to change that. Much Dogecoin. Such wow. How Revolut? We're letting the DOGEs out!" the finte…

Revolut to target more bank licences in Europe, but coy on Ireland plans

Digital payments company Revolut is expected to apply for more banking licences across Europe, which would give it the power to offer loans and other credit products, but has stopped short of saying whether Ireland is in those plans.

Revolut appoints Irishman to lead European operations

Joe Heneghan, who leads Revolut in Ireland, has been appointed to run the fintech’s European operations. Mr Heneghan has been named to the new role of chief executive for Europe. In the new role he will lead Revolut’s specialised bank and e-money institution licensed entities in Lithuania and …

Revolut, a $5.5 billion fintech, is hiring an investor-relations team in a step normally taken by soon-to-IPO startups

Revolut is hiring an investor-relations team, a step normally taken by firms wanting to go public. Insiders said the hires were, for now, about managing Revolut's growing list of private investors.

Young adults booking hotels while over-55s buying flights, Revolut data shows

Spending on flights almost tripled in May compared with April, among Ireland’s 1.3 million customers of digital payments platform Revolut. The company’s monthly breakdown of its customers’ buying habits shows the trend was most apparent in those aged over 55, suggesting that older vaccinated coho…
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Revolut Blogs

June edition: what's new from Revolut Business

Are you ready to jumpstart June? Because we sure are. The world is opening up a bit more and we hope that – if you can – you’re enjoying a return to business as usual.

Want to send money overseas? We found the cheapest remittance options in Singapore

When we say we’ve been working hard to turn the financial world on its head, we mean it. Take remittances for example — it’s 2021, and there’s certainly no reason why remittance fees should still cost you the sum of a meal or two. Positively though, it’s

Avoid falling into the money mule trap

In recent years, there’s been an increase in young people allowing their accounts to be used to receive and move money on behalf of third parties. This money often originates from crime. Accounts used to launder criminal funds are called ‘mule accounts’, making the account holder a ‘money mule’.

Save time with our improved Clear Books accounting integration

We’re pleased to announce an improved integration with our partner Clear Books, the easy-to-use online accounting software for small businesses.

Salesforce and Revolut Business: Helping you get the most out of Open Banking

After a year that challenged businesses to adapt and become more flexible than ever, everything from customer management and communications to financial services has moved online.

Cryptocurrency - what is it and what does it mean for me?

"But what is it?" You've either asked it or been on the receiving end of this question. So why is it so difficult to explain?
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Revolut Frequently Asked Questions

  • When was Revolut founded?

    Revolut was founded in 2015.

  • Who are Revolut key executives?

    Revolut's key executives are Nikolay Storonsky, Vladyslav Yatsenko and Mikko Salovaara.

  • How many employees does Revolut have?

    Revolut has 2,261 employees.

  • What is Revolut revenue?

    Latest Revolut annual revenue is £162.7 m.

  • What is Revolut revenue per employee?

    Latest Revolut revenue per employee is £72 k.

  • Who are Revolut competitors?

    Competitors of Revolut include Moneythor, Starling Bank and BrainTree.

  • Where is Revolut headquarters?

    Revolut headquarters is located at 4th Floor, 7 Westferry Circus, London.

  • Where are Revolut offices?

    Revolut has offices in London, New York, San Francisco, Melbourne and in 23 other locations.

  • How many offices does Revolut have?

    Revolut has 28 offices.