The London-based digital bank Revolut reported record annual profits and a surge in its customer numbers, cementing its $75 billion valuation as it expands aggressively in Europe and beyond.
The Group saw its profit before tax climb to £1.7bn (US $2.3bn) – a 57% increase from the £1.1bn (US$1.4bn) recorded in 2024.
This financial milestone was supported by a 46% rise in group revenue, which reached £4.5bn (US$6bn) in 2025, up from £3.1b (US$4bn) in the previous year.
The firm attributed this trajectory to a resilient, diversified model that balances rapid growth with structural margin expansion. The fintech aims to grow its active customer base to 100 million by mid-2027, from more than 70 million currently.
Revolut offers multi-currency accounts and instant money transfers, and its expanding services increasingly include a range of banking services, such as loans, as it aims to position itself as one of Europe’s leading digital banking platforms.
Across Europe, Revolut has already established a strong presence, with France, Spain, and Poland being its strongest markets on the continent, with more than 30% of adults having opened an account over the past three years.
Revolut gained full banking status in the UK in March, expanding its ability to offer regulated banking products.
The company also launched full banking operations in Mexico in January and filed for a US banking licence in March.
In its outlook for 2026, Revolut said that the company is committed to its £10bn (€11.6bn) investment over the next five years, including the creation of 1,000 jobs in the UK. Revolut also expects to reach 100 million customers by mid-2027.
Investors are closely watching Revolut’s plans for an initial public offering (IPO), which could value the company at around $100bn (€86bn).
A recent funding round placed its valuation at $75bn (€65bn), making it one of the most valuable private technology companies in Europe.