British fintech Revolut on Tuesday reported a report annual pretax revenue, because it ramps up plans to broaden into the U.S. following its long-awaited granting of a full U.Okay. banking license earlier this month.
Revenue earlier than tax rose 57% to £1.7 billion ($2.3 billion) in 2025, in comparison with £1.09 billion in 2024. Group income elevated by 46% to $6 billion, which the corporate stated was partly because of the efficiency of its enterprise banking companies, accounting for 16% of complete revenue.
The startup, which hit a $75 billion valuation in 2025, is one in every of Europe’s most respected non-public tech corporations.
“We have now constructed a diversified, resilient enterprise that’s worthwhile at scale, offering the inspiration for our subsequent part of development,” stated Cofounder and CEO Nik Storonsky in an announcement.
“As we transition into a really international financial institution, we’re proving that our technology-driven working mannequin continues to drive fast growth and report profitability. A decade into this journey, we’ve solely simply begun to point out what is feasible.”
This can be a growing story. Refresh for updates.
