Incorporated in December 2013, the London-based challenger bank Revolut has grown exponentially. In February 2018, Revolut announced that they had hit 1.5 million customers, a figure that had grown to 50 million by the end of 2024. In 2024, Revolut had the highest number of customers of any European online-only bank. Along with the customer base, the annual revenue of Revolut increased significantly as well, with 2024 seeing a total annual revenue of over 3.09 billion British pounds.
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Incorporated in December 2013, the London-based challenger bank Revolut has grown exponentially. In February 2018, Revolut announced that they had hit 1.5 million customers, a figure that had grown to 50 million by the end of 2024. In 2024, Revolut had the highest number of customers of any European online-only bank. Along with the customer base, the annual revenue of Revolut increased significantly as well, with 2024 seeing a total annual revenue of over 3.09 billion British pounds.