Pre-tax profit at fintech firm Revolut up 57%

Revolut noted it has 3.3m customers in Ireland as of the end of 2025 - an increase of 10% year-on-year.

Fintech firm Revolut generated a pre-tax profit of €2bn during 2025, up 57% year-on-year, as it targets 100m customers by the middle of next year, the company’s latest annual report shows.

Overall, Revolut reported revenue of €5.3bn during 2025, up from €3.7bn in 2024, while its total number of customers hit Revolut was 68.3m customers, up from 52.5m in 2024.

Its total customer balances stood at €57.5bn, up 66%, while its total transaction volume reached €1.475tn, up 65%.

It also had 767,000 business customers, up from 583,000.

Revolut noted Ireland as one of its “strongest markets” with 3.3m customers as of the end of 2025 - an increase of 10% year-on-year.

During the year, the company recorded an 18% increase in the volume of peer-to-peer transactions as well as a 30% increase in the total value processed. Customer balances grew by a further 56% in Ireland in 2025 compared to 2024 while savings balances grew by almost 73% year-on-year.

It also noted that almost 33,000 firms in Ireland use Revolut Business as of the end of last year - a 22% increase.

These strong results in Ireland come as the three pillar banks launch a new service called Zippay which offers many of the same services that Revolut offers customers the ability to send, request, and split payments instantaneously by using the mobile number of their contacts who are also using the service.

In its outlook for this year, Revolut said it has committed £10bn (€11.55bn) investment over the next five years to fuel international growth and innovation. 

This includes the creation of 1,000 high-skilled roles at the new London Global headquarters and significant capital allocation to accelerate operations in the US and western Europe.

Chief financial officer at Revolut Victor Stinga said the results “demonstrate the strength of our diversified model, as we continue to deliver rapid expansion alongside increasing profitability”.

“With 11 different product lines now exceeding £100m (€115.5m) in annual revenue, our multi-engine platform provides the structural resilience to navigate any environment. We enter our second decade from a position of strength, uniquely placed to continue incubating the new bets that will redefine banking,” he said.