OverviewSuggest Edit

Revolut is a financial technology 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 Ratings3.4
Overall CultureC+

Latest Updates

Employees (est.) (Dec 2020)2,158(-4%)
Job Openings742
Revenue (FY, 2020)£222.1 M(+37%)
Cybersecurity ratingDMore

Key People/Management at Revolut

Nikolay Storonsky

Nikolay Storonsky

Co-Founder & CEO
Vladyslav Yatsenko

Vladyslav Yatsenko

Co-Founder & CTO
Mikko Salovaara

Mikko Salovaara

CFO
Pierre Decote

Pierre Decote

Group CRO
Alan Chang

Alan Chang

SVP Revenue
Matt Baxby

Matt Baxby

Interim CEO Banking
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Revolut Office Locations

Revolut has offices in London, Austin, Dallas, New York and in 31 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

$1.7 b

Revolut latest funding size

$800 m

Time since last funding

18 days ago

Revolut investors

Revolut's latest funding round in July 2021 was reported to be $800 m. In total, Revolut has raised $1.7 b. Revolut's latest valuation is reported to be $33 b.
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Revolut Revenue

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View revenue for all periods
Revolut's revenue was reported to be £222.14 m in FY, 2020 which is a 36.5% increase from the previous period.
GBP

Revenue (FY, 2020)

222.1m

Revenue growth (FY, 2019 - FY, 2020), %

36.5%

Gross profit (FY, 2020)

69.7m

Gross profit margin (FY, 2020), %

31.4%

Net income (FY, 2020)

(206.0m)

EBIT (FY, 2020)

(200.6m)

Market valuation

33.0b

Cash (31-Dec-2020)

5.1b

EV

28.0b
GBPFY, 2018FY, 2019FY, 2020

Revenue

58.2m162.7m222.1m

Revenue growth, %

354%179%37%

Cost of goods sold

68.3m177.9m152.4m

Gross profit

(10.1m)(15.2m)69.7m
GBPFY, 2018FY, 2019FY, 2020

Cash

1.1m2.5b5.1b

Accounts Receivable

668.0k7.5m359.0k

Prepaid Expenses

1.7m3.2m2.9m

Inventories

3.6m13.0m11.3m
GBPFY, 2018FY, 2019FY, 2020

Net Income

(32.8m)(105.9m)(206.0m)

Depreciation and Amortization

478.0k1.3m3.5m

Inventories

(3.0m)(9.5m)1.8m

Accounts Payable

35.1m25.0m(1.1m)
GBPFY, 2018

Revenue/Employee

143.2k

Financial Leverage

5.9 x
Show all financial metrics

Revolut Operating Metrics

Revolut's Customers was reported to be 15 m in Jul, 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, 2021Jul, 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
Show all operating metrics

Revolut Acquisitions / Subsidiaries

Company NameDateDeal Size
OOO Revolut Technologies
Revolut Australia NOHC Pty Ltd
Revolut Holdings Europe Limited
Revolut Holdings International Ltd
Revolut Holdings US Inc
Revolut NewCo UK Ltd
Revolut Payments Australia Pty Ltd
Revolut Payments Ireland Limited
Revolut Payments New Zealand Pty Ltd
Revolut Payments UAB
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Revolut Revenue Breakdown

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Revolut revenue breakdown by business segment: 18.5% from Foreign Exchange and Wealth, 43.0% from Card Usage and Interchange Fees, 33.9% from Subscription and 4.7% from Other

Revolut revenue breakdown by geographic segment: 10.2% from EEA, 88.4% from UK and 1.3% from Other

Revolut Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

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

Learn more on Comparably

Revolut News and Updates

Revolut launches US-Mexico remittance corridor, enabling expats to easily send money back home

Revolut, the financial superapp with 16 million customers worldwide, announced today its simplifying cross-border payments between the US and Mexico with the launch of its US-Mexico remittance corridor

Revolut v Česku spouští Revolut Bank. Nabídne garantované účty

Evropská banka fintechu Revolut s názvem Revolut Bank přichází po Slovensku, Polsku nebo Litvě také do Česka. Společnost zákazníkům po přechodu na Revolut Bank nabídne doplňkové služby a garantované účty. Přestup mohou zákazníci udělat přímo v aplikaci

Revolut standard users can now earn 0.15% interest on deposits in Savings Vaults

Revolut, the financial superapp with more than 16 million customers worldwide has today announced the latest product for standard users in the UK, with the launch of daily interest savings vaults

Revolut selects Equifax as data and analytics partner in UK

Equifax UK, the business and consumer insights expert and the UK’s leading challenger bank, Revolut, have announced a new strategic partnership which provides differentiated data assets and real-time predictive analytics for a faster, more informed view of customers and prospects

Revolut enters travel booking sector with in-app service for holidaymakers

The challenger bank is capitalising on post-lockdown savings and desire to travel with a new in-app product that allows users to book holiday accommodation in the same place that they manage their finances

Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services superapp

This latest Series E is being co-led by Softbank Vision Fund 2 and Tiger Global, which appear to be the only backers in this round. It comes on the heels of rumors earlier this month Revolut was raising big. Revolut last raised about a year ago, when it closed out a Series D at $580 million, but wha…
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Revolut Blogs

How Revolut made accessibility part of our DNA

At Revolut, we want to make money management easy for everyone, no matter the circumstances. That's why accessibility has to be at the forefront of everything we do

The best way to send money from the US to Mexico 🇲🇽

When sending money to Mexico, traditional banks can be expensive and slow, with high fees and transfers taking several days. Instead, an online money transfer provider can let you send money fast and at a low cost.

Eat out and enjoy up to 30% instant cashback with new Restaurant Rewards!

You can now find cafes, pubs and restaurants nearby using Revolut Rewards and after you get fed, you get paid!

What’s hot in July? ☀️

We’re now closer to 2022 than 2020! Crazy, right? Well if that little fact didn’t amaze you, hopefully our awesome new products will. July was generous, bringing all kinds of new products with it, from Social Trading to sending crypto. So, grab yourself a seat and find out what we delivered.

Sending money to Malaysia from the UK: a Revoluter's perspective

Product owner Karyn Ooi joined Revolut in September 2018. Karyn hails from Penang, Malaysia. Both her husband and her have family in Malaysia and Singapore. Their most recent trip home was in January 2019 for the Chinese New Year. "With COVID, we've not been able to travel home, or have

We’ve waived remittance fees to Malaysia 🇲🇾

In support of customers who are sending money to friends and family fighting COVID-19 in Malaysia, Revolut is waiving transfer fees from AUD to MYR until 10 August 2021
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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 2,158 employees.

  • What is Revolut revenue?

    Latest Revolut annual revenue is £222.1 m.

  • What is Revolut revenue per employee?

    Latest Revolut revenue per employee is £102.9 k.

  • Who are Revolut competitors?

    Competitors of Revolut include Chime, 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, Austin, Dallas, New York and in 31 other locations.

  • How many offices does Revolut have?

    Revolut has 36 offices.