Revolut

Revolut

A world beyond banking - a secure, mobile-based current account that allows you to hold, exchange and transfer without fees in 25 different currencies. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2017201820192020202120222023
Revenues12.8m58.2m166m222m638m923m1.8b
% growth443 %354 %185 %34 %187 %45 %95 %
EBITDA(15.1m)(31.1m)(95.9m)(207m)100m23.0m-
% EBITDA margin(117 %)(53 %)(58 %)(93 %)16 %2 %-
Profit(14.8m)(32.8m)(107m)(206m)26.3m6.0m336m
% profit margin(115 %)(56 %)(64 %)(93 %)4 %1 %19 %
R&D budget-5.0m13.3m28.3m58.0m--
R&D % of revenue-9 %8 %13 %9 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-
*

£1.5m

Seed
*

$4.8m

Seed
*

£6.9m

Valuation: £42.0m

350.1x EV/LTM Revenues

-24.9x EV/LTM EBITDA

Series A

N/A

Grant
*

£1.0m

Valuation: £42.0m

350.1x EV/LTM Revenues

-24.9x EV/LTM EBITDA

Early VC
*

N/A

Debt

$66.0m

Series B

$5.3m

Early VC
*

$250m

Valuation: $1.7b

100.4x EV/LTM Revenues

-85.5x EV/LTM EBITDA

Series C

N/A

Support Program

$500m

Valuation: $5.5b

25.1x EV/LTM Revenues

-43.4x EV/LTM EBITDA

Series D

$80.0m

Valuation: $5.5b

25.1x EV/LTM Revenues

-43.4x EV/LTM EBITDA

Series D

N/A

Secondary
*

$800m

Valuation: $33.0b

112.5x EV/LTM Revenues

-120.8x EV/LTM EBITDA

Series E

N/A

Secondary
*

N/A

Valuation: $45.0b

Secondary
Total Funding€1.6b

Recent News about Revolut

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More about Revolutinfo icon
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Revolut is a rapidly growing financial technology company that offers a comprehensive app for managing money. The company serves a diverse range of clients, including individuals and businesses, who seek a more efficient and cost-effective way to handle their finances. Operating in the global financial market, Revolut provides services such as international money transfers, currency exchange, savings, and investments.

Revolut's business model revolves around offering a suite of financial services through a single app. Users can send money worldwide instantly without hidden fees, exchange money in 28 currencies at real interbank rates, and withdraw cash from over 55,000 surcharge-free ATMs in the U.S. Additionally, Revolut offers tools for budgeting and spending analytics, helping users manage their finances more effectively.

The company makes money through a combination of subscription fees for premium accounts, transaction fees, and interest earned on savings. Premium accounts offer additional benefits such as higher withdrawal limits, travel insurance, and exclusive card designs. Revolut also earns revenue from interchange fees, which are small fees paid by merchants when customers use their Revolut cards.

Revolut's innovative features include Savings Vaults, which allow users to earn up to 5.00% interest on their savings, and Personal Vaults, which help users save for specific goals by rounding up payments or setting up recurring transfers. The app's security measures are robust, claiming to be seven times better than traditional banks at preventing card fraud.

In summary, Revolut is transforming the way people manage their money by offering a seamless, all-in-one financial app that caters to both everyday spending and long-term financial planning.

Keywords: fintech, money transfers, currency exchange, savings, investments, budgeting, financial goals, premium accounts, security, global community.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Revolut

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Nobly ePOS
ACQUISITION by Revolut Nov 2021
Wanted
ACQUISITION by Revolut Sep 2021
Arvog Forex
ACQUISITION by Revolut Feb 2022