Revolut experienced significant customer growth between 2018 and 2024, reaching ** million customers in December 2024. If the neobank maintains its current growth trajectory, projections suggest it could expand to over ** million customers by December 2025. While the United Kingdom remains its primary market with approximately ** million users, Revolut download figures indicate strong popularity in Romania, France, and Poland. Scaling up: Revolut's journey to ** million users In February 2018, the London-based neobank Revolut reported 1.5 million customers, a number that grew to three million by November of the same year. By September 2019, Revolut had reached eight million customers, a figure that more than tripled to over 25 million by November 2022. The company's rapid expansion continued, with its customer base increasing by 10 million in just 11 months between November 2022 and October 2023, reaching ** million customers. By March 2024, Revolut's customer base had grown to ** million, and by December 2024, the company celebrated hitting the ** million customer milestone. Parallel to this explosive customer growth, Revolut also experienced significant financial improvement, with its revenue nearly doubling in 2023 ad 2024. Funding of banking fintechs For several years, fintech banking startup investments surged, with funding often doubling annually - a trend particularly evident in 2017 and 2021. However, 2022 marked a dramatic shift, marking the first investment decline since 2016. The downturn continued into 2023, with funding plummeting to 2.2 billion U.S. dollars, the lowest level in seven years.