Company Overview
Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko in London, UK, and is a global fintech and digital banking platform. Revolut provides 40+ features through its mobile app, including multi-currency accounts (supporting 30+ currencies), cross-border transfers, international payments, investing, crypto, and insurance, known for favorable exchange rates and low fees, serving 50M+ personal users and business customers worldwide.
Revolut operates across the UK, Europe, the US, and Asia-Pacific, having obtained European banking licenses and launched business accounts, corporate expense management, and payroll services, with a valuation exceeding $45 billion.
Related providers: Payment Platform
Core Products and Services
- Multi-Currency Account: Support for 30+ currencies at real-time rates
- Cross-Border Transfers and International Payments: Low-fee fast transfers
- Investing and Trading: Stocks, crypto, commodities
- Revolut <18: Teen accounts
- Revolut Business: Business accounts, expense management, payroll
- Insurance and Savings: Flexible savings and protection products
Core Strengths
- Multi-Currency Account: 30+ currency support
- Low Fees: Favorable exchange rates, transparent pricing
- Full Feature Suite: Banking + investing + insurance + crypto
- Global Coverage: UK, Europe, US, Asia-Pacific
Key Milestones
- 2015: Revolut founded in London, UK by Nikolay Storonsky and Vlad Yatsenko
- 2026: Continues expanding global digital banking services, serving 50M+ users
Market Position
Revolut competes with the following providers in the digital banking and fintech market:
- Wise: Cross-border transfer specialist
- Monzo: UK digital bank
- N26: European digital bank
- Starling Bank: UK digital bank
- PayPal: Global payment platform