Revolut is a global money app that includes a pre-paid debit card (MasterCard), currency exchange, and peer-to-peer payments. The Company currently charges no fees for the majority of its services and claims to use interbank rates for its currency exchange. Revolut provides the following functionality via its mobile app:  add funds to Revolut account via a debit card payment, foreign exchange between US dollars, UK pounds, and Euros, peer-to-peer payments to other users with a Revolut account and to those without a Revolut account via text, Whatsapp or email. The Company provides debit card functionality as well: ATM withdrawals, spend funds with merchants which accept MasterCard, spend in 90 currencies via the card, the user is automatically converted at the time of each transaction at the interbank exchange rate.

Company Growth (employees)
London, GB
Size (employees)
82 (est)+14%
Revolut was founded in 2014 and is headquartered in London, GB

Key People at Revolut

Nikolay Storonsky

Nikolay Storonsky

Vladyslav Yatsenko

Vladyslav Yatsenko


Revolut Office Locations

Revolut has an office in London
London, GB (HQ)
One Canada Square

Revolut Data and Metrics

Summary Metrics

Founding Date


Total Funding

$80.2 m

Latest funding size

$66 m

Time since last funding

13 days


Revolut's latest funding round in July 2017 was reported to be $66 m. In total, Revolut has raised $80.2 m. Revolut's latest valuation is reported to be $54 m.

Revolut Financial Metrics

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

Revenue (FY, 2016)

2.4 m

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


Gross profit (FY, 2016)

(5.4 m)

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(7 m)

EBIT (FY, 2016)

(7.1 m)

Market valuation

54 m

Cash (31-Dec-2016)

2.3 m
GBPFY, 2015FY, 2016


120 k2.4 m

Revenue growth, %


Cost of goods sold

1.5 m7.8 m

Gross profit

(1.4 m)(5.4 m)

Gross profit Margin, %


General and administrative expense

267 k1.7 m

Operating expense total

267 k1.7 m


(1.7 m)(7.1 m)

EBIT margin, %


Interest income

6 k

Pre tax profit

(1.7 m)(7.1 m)

Income tax expense

(127.9 k)

Net Income

(1.7 m)(7 m)
GBPFY, 2015FY, 2016


1.9 m2.3 m

Accounts Receivable

1.4 m

Current Assets

2.1 m4.2 m


31.1 k122.6 k

Total Assets

2.1 m4.3 m

Accounts Payable

450.1 k891.7 k

Current Liabilities

627 k891.7 k

Total Liabilities

627 k891.7 k

Retained Earnings

(1.7 m)(7 m)

Total Equity

1.5 m3.4 m

Financial Leverage

1.4 x1.3 x
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

Cash From Operating Activities

(1.4 m)(8.3 m)

Purchases of PP&E

(30.2 k)(124.1 k)

Cash From Investing Activities

(30.2 k)(118.1 k)

Cash From Financing Activities

3.3 m8.9 m

Income Taxes Paid

127.9 k
GBPY, 2016


72.5 k

Financial Leverage

1.3 x

Revolut Operating Metrics

Revolut's Customers was reported to be 700 k in Jul, 2017
Jun, 2017Jul, 2017


660.31 k700 k

Transactions to Date

29.43 m29.43 m

    Revolut Online and Social Media Presence

    Revolut News and Updates

    Revolut Company Life and Culture

    You may also be interested in