Fintech reviews file yr as buyer balances surge and first banking utilization accelerates
Revolut has reported a pointy rise in profitability and income in its newest annual outcomes, with revenue earlier than tax climbing 57% year-on-year to £1.7bn because the agency continues to scale its banking and funds providing globally.
In line with the financial institution’s 2025 annual report printed right now (March 24), income elevated 46% to £4.5bn in 2025, up from £3.1bn the earlier yr, marking what the corporate described as its “strongest monetary outcomes up to now”.
The outcomes replicate a interval of sustained development throughout each retail and enterprise segments, alongside a notable enhance in buyer balances and utilization.
Buyer numbers continued to broaden, with retail customers rising 30% and enterprise prospects rising 33%. This translated into a major enhance in deposits, with complete buyer balances rising 66% to £50.2bn.
“In 2025, 16 million new prospects joined Revolut, bringing our retail buyer base to 68.3 million (+30% YoY),” mentioned CEO Nik Storonsky. “Transaction volumes elevated 65% year-on-year to £1.3 trillion, reflecting rising belief in Revolut as a main account.”
The corporate mentioned the rise “underlines the rising belief prospects place in Revolut as their main monetary platform”.
Separate figures within the report present the variety of prospects utilizing Revolut as their main financial institution grew by 45% throughout the yr, indicating a shift in how customers interact with the platform past secondary spending or journey use instances.
Transaction volumes additionally rose, with retail transaction quantity reaching £986bn and enterprise transaction quantity climbing to £277bn, reflecting elevated exercise throughout funds, transfers and monetary companies.
Revolut Enterprise remained a key contributor to total efficiency, with income within the phase growing 53% as extra corporations adopted the platform to handle funds, spending and monetary operations in a single system.
The corporate’s revenue combine highlights a rising contribution from curiosity revenue alongside its core fee-based companies. In line with the consolidated monetary statements, payment revenue totalled £3.4bn, whereas curiosity revenue reached £974m.
The report notes that Revolut continues to put money into increasing its product ecosystem, providing companies throughout spending, saving, investing and borrowing. Its retail proposition consists of funds, financial savings accounts and funding merchandise corresponding to shares, ETFs and cryptocurrencies, alongside instruments designed to assist prospects handle their funds.
Revolut’s international footprint continues to broaden
Geographically, 2025 marked a interval of continued growth.
“Past monetary efficiency, 2025 was a definitive yr for [our] native presence,” mentioned Martin Gilbert, Chair of Revolut. “We opened our new World HQ in London, marking a major milestone and reinforcing our long-term dedication to the UK. Alongside this, Revolut dedicated £3 billion of funding within the UK and introduced plans to create 1,000 high-skilled jobs, strengthening our contribution to the UK financial system.”
Gilbert additionally famous the institution of its Western Europe headquarters in Paris, supporting the fintech’s continued growth and management throughout the area “This sustained efficiency and supply enabled Revolut to finish a fundraising course of at an implied valuation of $75 billion,” he mentioned.
The corporate additionally dedicated £3bn of funding within the UK and plans to create 1,000 jobs, reinforcing its long-term deal with the home market.
Revolut mentioned the yr represented “a brand new part” in its growth, characterised by development in scale, profitability and organisational footprint.
The outcomes come as the corporate continues to function as a licensed financial institution in a number of markets whereas increasing its vary of economic companies, positioning itself throughout each client and enterprise funds ecosystems.
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