Revolut’s Rapid Rise: Growth, Acquisitions & Global Ambitions
Since its founding in 2015, Revolut has transformed from a simple travel-card provider into a full-blown “financial super-app,” offering international money transfers, multi-currency accounts, cryptocurrency trading, budgeting tools and even travel insurance—all within one mobile interface. Today, it serves over 52 million customers worldwide and posted £438 million (US$532 million) of profit in 2024 despite navigating complex regulatory and compliance challenges.
As CEO Nikolay Storonsky—formerly a derivatives trader at Credit Suisse and Lehman Brothers—puts it, “I just want to click a button and know that the product I’m using is the best”.
Revolut: A Sustainable Profit Engine
By December 31, 2024, Revolut achieved its fourth consecutive year of net profitability—a rare feat among s...