Revolut Reports 1.7B Pound Profit, Gains UK License

Revolut, the British fintech company, reported record pretax profits of 1.7 billion pounds for 2025, a 57 percent increase from 1.1 billion pounds the previous year, while securing a full banking license in the United Kingdom this month after a nearly five-year wait.

The London-based firm disclosed the results in its annual report released Tuesday, highlighting a 46 percent revenue rise to 4.5 billion pounds. The growth stemmed from a surge in customer adoption and premium services, with subscriptions increasing 67 percent and paid plan uptake rising 42 percent. Revolut added 16 million retail customers, bringing its global base to 68.3 million by year-end, up 30 percent from 52.3 million in 2024. Its business customer segment expanded 33 percent to 767,000, contributing 16 percent of total revenue through Revolut Business, which generated 708 million pounds, up from 463 million pounds.

The full UK banking license, granted by the Bank of England's Prudential Regulation Authority, marks the end of a restricted mobilization phase that began in July 2024. Revolut first applied for the license in 2021 and now operates as a licensed bank in more than 30 of its 40 markets worldwide....