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)
304 (est)+11%
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

15 hours ago

Investors

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

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 1.7 m in Mar, 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, 2018

Average Daily Users

350 k250 k

Customers

660.31 k750 k1 m1.50 m1.70 m

Customers (Ireland)

70 k

Monthly Active Users

800 k
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Revolut News and Updates

Revolut smashes into unicorn ranks with $250m fundraising

London-based fintech startup Revolut has joined the elite ranks of so-called unicorn firms with a $1.7bn (£1.2bn) valuation following a new $250m fundraising. Tech investor DST Global put up around half of the new money, alongside existing investors including Index Ventures and Ribbit Capital. Th…

Revolut’s valuation has gone to the moon since it added crypto trading

Revolut’s valuation has soared to $1.7 billion since the London-based payment app launched a service for crypto trading, making it one of the few bank-like…

Digital banking startup Revolut raises $250M at a valuation of $1.7B

Revolut, the London-based fintech that offers a digital banking account and sprawling set of other financial services, is disclosing that it has raised a whopping $250 million in Series C funding, less than three years since launching. The new round, which gives the company a $1.7 billion post-money…

The CEO of a bank that hit a $1.7 billion valuation in less than 3 years talks to us about US expansion and 'building something bigger than' HSBC

Banking startup Revolut raised $250 million on Thursday at a valuation of $1.7 billion. It makes Revolut one of the fastest tech companies to reach unicorn status in Europe.  CEO Nikolay Storonsky tells BI he thinks Revolut can keep growing at pace and talks about his plans. LONDON — British fin…

Revolut becomes Britain's first digital bank unicorn

LONDON (Reuters) - Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year to $1.7 billion at its most recent funding round, making it the first of Britain's digital-only banks to reach unicorn status.

London banking startup Revolut is now worth $1.7 billion — just 33 months after launching

Fintech Revolut raised $250 million at $1.7 billion valuation. Russian billionaire Yuri Milner's DST Global led the funding round. Funding will fuel international expansion and hiring. Revolut started as a no-fee foreign exchange app but has expanded into banking and insurance. LONDON — Financia…
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