Reuters examined Revolut's rise to a reported $115 billion valuation, a level above several long-established European banks. The London-based group says it now serves about 80 million customers and generated £1.7 billion in pretax profit in 2025.
The comparison is not one-dimensional: Revolut has rapid customer growth and a broad app-based product range, while traditional banks still benefit from deeper primary-account relationships and higher revenue per customer. Regulation and execution across many markets remain central tests.
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