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.


Type
Private
HQ
London, GB
Founded
2014
Size (employees)
356 (est)+6%
Revolut was founded in 2014 and is headquartered in London, GB
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Key People/Management at Revolut

Nikolay Storonsky

Nikolay Storonsky

CEO
Vladyslav Yatsenko

Vladyslav Yatsenko

CTO

Revolut Office Locations

Revolut has offices in London, Bucharest, Stockholm, Athens and in 6 other locations
London, GB (HQ)
Level 39, One Canada Square
Singapore, SG
6 Eu Tong Sen St
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Revolut Financials and Metrics

Summary Metrics

Founding Date

2014

Total Funding

$336.4 m

Latest funding size

$250 m

Time since last funding

2 months ago

Investors

Revolut's latest funding round in April 2018 was reported to be $250 m. In total, Revolut has raised $336.4 m
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Revolut Financials

Revolut's revenue was reported to be £2.36 m in FY, 2016 which is a 1869.5% increase from the previous period.
GBP

Revenue (FY, 2016)

2.4 m

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

1869.5%

Gross profit (FY, 2016)

(5.4 m)

Gross profit margin (FY, 2016), %

(230.2%)

Net income (FY, 2016)

(7 m)

EBITDA (FY, 2016)

(7.1 m)

EBIT (FY, 2016)

(7.1 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 Payable

453.4 k264.7 k

Cash From Operating Activities

(1.4 m)(8.3 m)
GBPY, 2016

Revenue/Employee

72.5 k

Financial Leverage

1.3 x
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Revolut Operating Metrics

Revolut's Customers was reported to be 2 m in Jun, 2018. Revolut's Average Daily Users was reported to be 250 k in Mar, 2018. Revolut's Monthly Active Users was reported to be 800 k in Mar, 2018.
Jun, 2017Jul, 2017Nov, 2017Feb, 2018Mar, 2018May, 2018Jun, 2018

Average Daily Users

350 k250 k

Customers

660.31 k750 k1 m1.50 m1.70 m2 m

Monthly Active Users

800 k

New Customers per Day

8 k
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Revolut Online and Social Media Presence

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Revolut News and Updates

Revolut launches Connect, its open banking enterprise marketplace

Banking challenger and fintech unicorn Revolut has launched Connect, its marketplace for business banking. Users of Revolut's business accounts will now be able to connect to and build integrations with popular business apps like accounting software Freeagent and workplace messaging service Slack…

Revolut to launch commission-free stock trading, US launch pushed back

Challenger banking app Revolut has reached 2m registered users, as it prepares to launch a commission-free stock trading feature and pushes back its journey across the pond. The new feature will allow users to explore and invest in UK and US listed companies, as well as other instruments such as …

Revolut announces a Robinhood-like trading product

Fintech startup Revolut likes to announce new things all the time. Even though nothing is going live today, it’s interesting to see where the startup is heading. The company is working on a trading platform for traditional shares without any commission. You’ll find stock from public companies from t…

Revolut to launch a commission-free trading service

Revolut is a bit of a weird one. It emerged at the same time as the rest of the UK’s app-based challenger banks, like Monzo and Starling Bank, but has tread a completely different path. Unlike its biggest rivals, Revolut has fingers in a lot of pies. Beyond its current account offerings, it also doe…

Digital bank Revolut to offer customers fee-free share trading

LONDON (Reuters) - British digital-only bank Revolut said on Thursday it is building a commission-free trading platform on its app, its latest bid to use technology to undercut traditional financial services.

British fintech startup Revolut to seek U.S. banking license: CEO

AMSTERDAM (Reuters) - British financial technology startup Revolut plans to apply for a banking license in the United States, Chief Executive Officer Nikolay Storonsky said on Monday.
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