Revolut develops a money mobile application that includes a pre-paid debit card, currency exchange and peer-to-peer payments. The Company provides a platform allowing its users to transfer, exchange and spend money with a multi currency card that is accepted everywhere at the best exchange rates possible.


Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2014
Size (employees)
181 (est)+20%
Revolut was founded in 2014 and is headquartered in London, GB

Key People/Management at Revolut

Nikolay Storonsky

Nikolay Storonsky

CEO
Vladyslav Yatsenko

Vladyslav Yatsenko

CTO

Revolut Office Locations

Revolut has offices in London, Moscow and Kraków
London, GB (HQ)
One Canada Square

Revolut Financials and Metrics

Summary Metrics

Founding Date

2014

Total Funding

$85.5 m

Latest funding size

$5.3 m

Time since last funding

4 months

Investors

Revolut's latest funding round in July 2017 was reported to be $5.3 m. In total, Revolut has raised $85.5 m. Revolut's latest valuation is reported to be $54 m.

Revolut Financials

Revolut's revenue was reported to be £2.4 m in FY, 2016 which is a 1869% increase from the previous period.
GBP

Revenue (FY, 2016)

2.4 m

Revenue growth (FY, 2015 - FY, 2016), %

1869%

Gross profit (FY, 2016)

(5.4 m)

Gross profit margin (FY, 2016), %

(230%)

Net income (FY, 2016)

(7 m)

EBITDA (FY, 2016)

(7.1 m)

EBIT (FY, 2016)

(7.1 m)

Market valuation

54 m

Cash (31-Dec-2016)

2.3 m
GBPFY, 2015FY, 2016

Revenue

120 k2.4 m

Revenue growth, %

1869%

Cost of goods sold

1.5 m7.8 m

Gross profit

(1.4 m)(5.4 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

16.8 k1.9 m2.3 m

Accounts Receivable

5.6 k168.5 k

Inventories

420.8 k

Current Assets

22.4 k2.1 m4.2 m
    GBPFY, 2015FY, 2016

    Net Income

    (1.7 m)(7 m)

    Depreciation and Amortization

    4.8 k32.6 k

    Accounts Receivable

    (206.9 k)(1.2 m)

    Accounts Payable

    453.4 k264.7 k
      GBPY, 2016

      Revenue/Employee

      72.5 k

      Financial Leverage

      1.3 x
      Show all financial metrics

      Revolut Operating Metrics

      Revolut's Users was reported to be 850 k in Oct, 2017. Revolut's Customers was reported to be 750 k in Jul, 2017, which is a 14% increase from the previous period
      Jun, 2017Jul, 2017Jul, 2017Oct, 2017

      Customers

      660.31 k700 k750 k

      Transactions to Date

      29.43 m29.43 m

      Users

      850 k
      Show all operating metrics

      Revolut's Web-traffic and Trends

      Revolut Online and Social Media Presence

      Revolut News and Updates

      UK challenger Revolut files for European banking license

      Gaining a European banking license would allow it to take steps toward providing its customers with credit and deposit services. The post UK challenger Revolut files for European banking license appeared first on Computer Business Review.

      Fintech startup Revolut's applying for a European banking licence

      Digital challenger Revolut is seeking to become an official bank, applying for a licence from the European regulator. The fintech startup which started out focusing on money transfers with a pre-paid card for spending abroad, but has since expanded into more services, will now go all-in and becom…

      TechHub’s new NYC site brings London startups Revolut, Aire, Cronofy, Callsign

       Co-working and startup office leviathan WeWork continues to expand in London. It’s latest accounts show that it has £2 billion of lease commitments in the UK (25 offices in London and two in Manchester) over the next 25 years, indicating it is upbeat about the prospects of the city post-Brexit. How…

      UK fintech shrugs off Brexit fears and nears record investment

      The UK fintech industry is world leading, third only to China and the United states, and unopposed leader in Europe. The post UK fintech shrugs off Brexit fears and nears record investment appeared first on Computer Business Review.

      UK fintech startups set for record funding year

      2017 investment could top $2 billion as UK proves itself as a start-up's dream, report claims

      UK fintech startups are on track for a record-breaking year of investment

      Fintech startups in the UK are on track to attract a record amount of investment in 2017 new figures reveal, bucking concerns that Brexit could derail the star sector. More than $1bn (£760m) has already been ploughed into technology firms hoping to disrupt finance this year by venture capital inv…
      Show more

      Revolut Company Life and Culture

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