London-based fintech Revolut reported a record annual profit for 2025 on March 24, as its revenue surged and customer growth accelerated.
The company’s profit before tax rose 57 percent to $2.3 billion, marking its fifth consecutive year of net profitability. Revolut also reported a 46 percent revenue increase to $6 billion.
Revolut co-founder and chief executive Nik Storonsky and chief financial officer Victor Stinga welcomed the annual report figures, describing the company as “diversified” and “resilient.”
Stinga said that Revolut’s 38 percent profit-before-tax margin reflected disciplined financial management and efficient scaling.
In November 2025, Revolut completed a share sale that valued the company at about $75 billion, reinforcing its status as Europe’s most valuable private fintech.
“We enter our second decade from a position of strength, uniquely placed to continue incubating the new bets that will redefine banking,” he added.
Revolut said growth was strong across its business, with 11 product lines each generating more than about $135 million in revenue.
Subscription income rose 67 percent to $936 million, and card payments increased 45 percent to $1.3 billion. The annual report showed that wealth products grew 31 percent to $876 million, and foreign-exchange revenue climbed 43 percent to $800 million.
Expansion Ambitions
Revolut describes its operations as “transitioning from a European leader to becoming the world’s first truly global bank.”In January, it launched full banking operations in Mexico, establishing its first bank outside Europe.
Revolut secured a full UK banking license on March 11 after years of regulatory review, and has since rolled out new banking services for its 13 million UK customers.
Revolut also filed an application on March 5 for a U.S. national bank charter, a step that would allow it to operate across all 50 states under a single regulatory framework.
Storonsky described the United States as central to the company’s long-term strategy.
“Filing for a national bank charter is a major milestone toward our vision of building the world’s first truly global banking platform,” he said in the March 5 statement.
If approved, the charter would give Revolut direct access to U.S. payment systems and allow it to offer insured deposits, personal loans, and credit cards nationwide.
Revolut said it plans to invest about 10 billion pounds ($13 billion) over the next five years to support international growth, including creating 1,000 jobs at a new London headquarters and expanding operations in the United States and Western Europe.
The company aims to reach 100 million customers by mid-2027 as it broadens its presence across roughly 100 markets.
