Revolut UK was recently granted a UK banking licence with restrictions
Revolut, the global financial technology company has today announced it has reached ten million customers in the UK. Revolut’s largest market, and where the company was founded in 2015 has added nearly two million UK customers so far in 2024 and continues to grow. Revolut has over 45 million customers globally.
Francesca Carlesi commented: “The announcement is a tremendous achievement for Revolut. Ten million customers across the UK makes us one of the largest payments businesses in the market, and we are incredibly grateful to our growing customer base, who continue to use Revolut more and more.
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The UK is our home market, and is the base for the company’s wider global expansion plans. As we work towards launching the bank in the UK in the coming months, we will continue to offer products and services that improve the financial lives of everyone who uses Revolut.”
Key company highlights in 2024:
In August, Revolut signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a $45 billion valuation.
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- In July, Revolut received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA).
- In July, Revolut announced the appointment of Fiona Davies as Head of Growth for UK, Ireland, and Nordics.
- In June, Revolut announced it will move its global headquarters to the YY London building in the centre of Canary Wharf, committing to a ten year lease
- Revolut launched a number of products to UK customers including; RevPoints, eSIM, Mobile Wallets, Wealth Protection, and others.
Revolut was recognised this year by the FS Tech Awards as ‘Consumer Finance App of the Year’ and is officially certified as a Great Place to Work in recognition of its outstanding employee experience.
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