Revolut posts $2.3B pre-tax profit
Revolut reported a $2.3 billion pre-tax profit for 2025, marking its fifth profitable year, and is advancing its UK banking license ambitions. The scale of profitability underscores why fintechs remain active recruiters for product, risk, and growth roles. (x.com)
On March 11, 2026 the Prudential Regulation Authority lifted mobilisation restrictions on Revolut Bank UK Ltd, enabling the firm to begin rolling out FSCS‑protected current accounts to its c.13 million UK customers. (revolut.com) Group revenue climbed 46% to $6.0bn in 2025 while profit‑before‑tax margins expanded to 38% from 35% in 2024. (revolut.com) Revolut’s retail base grew to 68.3 million customers and business customers to 767,000, with total customer balances up 66% to $67.5bn at year‑end. (revolut.com) The customer lending book rose about 120% year‑on‑year to roughly $2.9bn, interest income increased to about $1.3bn (≈+23% YoY), and the group described mortgages as a nascent portion of that lending mix. (financialit.net) Eleven distinct product lines exceeded roughly $135m each in annual revenue, subscription turnover reached $936m (a 67% YoY increase) and Revolut Business accounted for about 16% of group income. (revolut.com) Revolut said it is operating as a licensed bank in over 30 of its 40 markets and formally filed for a U.S. national bank charter in March 2026 as part of its global expansion push. (revolut.com) The company was valued at about $75bn in 2025 and has pledged to invest roughly £3bn and create 1,000 high‑skilled jobs in the UK while scaling its newly authorised banking operations. (cnbc.com)
