Revolut Group Holdings Ltd, doing business as Revolut, is a British multinational neobank and fintech company that offers banking services for individuals and businesses. It was founded in July 2015 by British-Russian-French businessman Nikolay Storonsky and British-Ukrainian-French software engineer Vlad Yatsenko. As of 2024, the company operated in over 48 countries and caters to 52.5 million retail customers worldwide.
The bank offers free and subscription-based digital banking services, primarily through a mobile app. Features include domestic and international bank transfers, debit cards, credit cards, a stock and cryptocurrency exchange, as well as other features such as savings accounts and loans.
As of August 2024, Revolut is valued at $45 billion, making it the most valuable private tech company in Europe. As per the company's latest annual report, the revenue in 2024 stood at $4 Billion, while the profit before tax grew to $1.4 Billion.