Revolut Achieves $2.3B Profit Milestone While Pursuing U.S. Banking Charter

Key Highlights Pretax earnings reached $2.3 billion for 2025, representing a 57% annual increase Total revenue climbed 46% to $6 billion, fueled by subscription services, payment card transactions, and foreign exchange operations Customer base expanded to 68.3 million retail users (30% growth) and 767,000 business accounts Full U.K. banking authorization was granted in March 2026 Application for a U.S. Bank Charter was submitted in March, enabling nationwide operations if approved Revolut has delivered its most impressive financial performance yet. The London-based digital banking platform announced pretax earnings of £1.7 billion ($2.3 billion) for the twelve months ending December 31, 2025. This represents a substantial 57% jump compared to the £1.09 billion earned in 2024. 𝘽𝙍𝙀𝘼𝙆𝙄𝙉𝙂: @Revolut just dropped its 2025 report, and it’s absurd This is what scale + profitability looks like in FinTech: Most FinTech are still chasing profitability. Revolut is scaling it. → $6.0B revenue→ $2.3B profit before tax (~38% margin)→ 68.3M… pic.twitter.com/fraCA7pyBo — Marcel van Oost (@oost_marcel) March 24, 2026 The fintech’s annual revenue reached $6 billion, marking a 46% increase over the previous year. This growth was distributed across multiple revenue channels, with subscription fees, card transaction volumes, and currency exchange services leading the charge. The business banking division contributed significantly to overall performance. This segment generated 16% of total revenue, while the number of business clients increased by 33% to reach 767,000 throughout the year. The retail customer base expanded by 30% to 68.3 million users. Customer deposit balances surged 66% to $67.5 billion. The company has established an ambitious objective of acquiring 100 million customers by the middle of 2027. Co-founder and CEO Nik Storonsky stated the organization has created a “diversified, resilient business that is profitable at scale.” He characterized these financial outcomes ...