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Revolut

Revolut is a financial technology platform offering digital banking services through a unified mobile application, enabling users to hold and exchange multiple currencies, make international transfers, and access investment options. The platform provides multi-currency accounts supporting over 30 currencies, commission-free stock trading within monthly allowances, and real-time spending analytics. Revolut serves both individuals and businesses seeking an alternative to traditional banking for cross-border financial management.

Traction 10/10
London, United Kingdom · HQ
Founded 201520.8K50K+ followers
  • Financial Technology
  • Software Only
  • Applications
  • Enterprise Software
Updated yesterday

Funding

Raised to date

$2.9BRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

$810.8M across 3 disclosed rounds

+35

Not disclosed · Undisclosed

Announced Nov 2026 · from article date

Disclosed cumulative: $810.8M

6/6

Reported total $2.9B

Incomplete round history. $2.1B of the $2.9B reported total isn’t matched to a known round (3 known rounds have undisclosed amounts).

Founders

1 founder

Paroma Chatterjee

CEO

Product

Problem

Traditional banking and currency exchange services often involve high costs and inefficiencies, particularly for international transactions and real-time financial management. Users lack a unified platform to conduct money transfers, manage foreign exchange, and analyze spending effectively.

Solution

Revolut provides a financial technology platform that offers a suite of digital banking services through a unified mobile application. The platform enables users to conduct money transfers to over 160 countries in more than 70 currencies with competitive exchange rates. It also facilitates real-time financial insights, allowing users to analyze spending, manage budgets, and automate savings. Revolut offers various account types, including personal, joint, freelancer, and <18 accounts, catering to diverse financial needs.

Target Audience

Revolut targets individuals and businesses seeking a comprehensive digital banking solution for international money transfers, currency exchange, investment opportunities, and efficient financial management.

Features

  • Multi-currency accounts to hold and exchange over 30 currencies
  • International money transfers with clear fees and competitive exchange rates
  • Commission-free stock trading within monthly allowance
  • Commodities trading, including gold, silver, platinum, and palladium
  • Instant Access Savings accounts with variable interest rates, powered by ClearBank
  • Physical and virtual card options, including customizable designs and metal cards
  • "Pockets" feature for organizing and budgeting funds
  • Revolut Pay for fast transfers between Revolut users
  • Early Salary feature for getting paid up to 24 hours in advance (BACS payments only)
  • Integration with accounting software for business users
  • Robust security features, including biometric withdrawals and 24/7 fraud monitoring
This profile is AI-generated and may contain inaccuracies.