Revolut's rise to become Europe's $115 billion big bank rival

Read, Watch or Listen

1x 1.5x 2x

Playback speed 1x 1.5x 2x

Fintech firm Revolut reported a pretax profit of £1.7 billion for 2025, reflecting rapid expansion toward a $115 billion valuation. While traditional institutions like Barclays post significantly larger profits, legacy bank executives increasingly view the digital challenger as a primary competitive threat across European markets. Revolut achieved this standing through aggressive customer acquisition and marketing strategies. However, the company faces substantial hurdles as it targets broader international growth, including the United States market where it holds a provisional banking license. Operational challenges have accompanied this expansion, including a regulatory fine in Lithuania over anti-money laundering compliance and a security incident involving customer data exposure to malicious actors. Additionally, consumer advocacy reporting identified the firm as heavily complained about regarding specific fraud incidents in Britain. Revolut maintains that it employs robust customer protections and handles security matters seriously.