Crypto-friendly London-based fintech giant Revolut has announced record profits for 2025 as it expands into new markets.
Pre-tax profit rose 57% year-on-year to $2.3 billion, while revenue climbed 46% to $6 billion, according to its annual report. The company recorded its fifth consecutive year of net profit, which stood at $1.7 billion for 2025, with margins improving to 38%.
Growth has come from a wider range of services. Card payments, subscriptions, foreign exchange and wealth management products each contributed significant revenue. Eleven business segments each generated more than $135 million, the company said.
Customer activity has also increased. Total balances increased by 66% to $67.5 billion, while trading volume reached $1.7 trillion. Revolut added 16 million home users, bringing its total to 68.3 million. Business accounts increased to 767,000.
Regulatory progress remains at the heart of its strategy. The company now operates as a licensed bank in more than 30 markets, including the UK earlier this month, and has applied for a banking license in the US.
Revolut plans to invest $13 billion over five years and aims to reach 100 million customers by 2027, it said. The company allows users to buy and sell cryptocurrencies through its platform, including through a dedicated exchange called Revolut X.
