British fintech Revolut reports record profit as it gears up for U.S. push

Revolut, the British fintech powerhouse, has announced a remarkable annual pretax profit, marking a significant milestone in its growth journey. The company revealed a 57% increase in profit before tax, soaring to £1.7 billion ($2.3 billion) for the year 2025, a substantial rise from £1.09 billion in 2024. This impressive financial performance is accompanied by a 46% boost in group revenue, which reached $6 billion. Notably, the growth was partly fueled by the success of its business banking services, now contributing 16% to the overall income. With a valuation of $75 billion achieved in 2025, Revolut stands as one of Europe’s most valuable private technology firms. Cofounder and CEO Nik Storonsky highlighted the company’s commitment to building a diversified and resilient business model, stating, "We are profitable at scale, providing the foundation for our next phase of growth." As Revolut prepares for its ambitious expansion into the U.S. market, following the recent receipt of a full U.K. banking license, it continues to demonstrate the effectiveness of its technology-driven approach. "A decade into this journey, we have only just begun to show what is possible," Storonsky added. This story is still developing, and further updates are anticipated.