Total equity for Revolut bank Group UK 2015-2018

Incorporated in December 2013, the London based challenger bank Revolut has grown exponentially. In February 2018, the London based company Revolut announced that they had hit 1.5 million customers, a figure that had grown to 8 million by December, 2019. Currently Revolut has the highest number of customers of any European online only bank. As of December 31st 2018, Revolut had seen the value of total equity grow to over 194 million British pounds.

Company mission

Revolut has two main pillars of intention as a company. The first is to create a single platform that fulfils the financial needs of its customers. The second target is for the bank to become truly global. Currently Revolut's products are supported across 36 countries worldwide. Since beginning operations, Revolut's aggressive expansion tactic has been possible through a series of funding rounds allowing the company to still grow with operating losses increasing annually. A positive sign for the digital bank is that it continues to see revenue growth.