Revolut: Transforming the Way the World Handles Money
Published: 2025-10-16 | Author: VisionariesNetwork Team
Revolut is a trailblazing financial technology company that’s transforming how individuals and businesses handle their money. With a mission to make financial management borderless and transparent, Revolut offers a unified platform that simplifies spending, saving, investing, and borrowing. Today, more than 50 million personal users and 500,000 businesses across 160+ countries trust Revolut to give them more control over their finances—anytime, anywhere.
The Founding Vision
Revolut was founded in 2015 by Nik Storonsky and Vlad Yatsenko, who shared a bold idea: money should move as freely as people do. Tired of traditional banks’ hidden fees, sluggish systems, and outdated processes, they built a modern, app-first financial platform designed for a global generation. Revolut’s goal from day one has been to empower users with seamless financial tools directly from their smartphones.
A Financial Super App at Your Fingertips
From currency exchange at interbank rates to instant international transfers, Revolut puts comprehensive financial control in the palm of your hand. Users can track spending in real time, set saving goals, invest in stocks and cryptocurrencies, and even budget smarter—all within a single intuitive app. The company continues to innovate with services that make global financial management effortless and inclusive.
Milestones and Momentum
Revolut’s growth story is one of innovation and acceleration. Within just a year of launching, it attracted 100,000 customers and raised $15 million in Series A funding. By 2017, Revolut Business was launched, bringing advanced financial tools to companies, alongside Premium accounts and cryptocurrency trading.
In 2018, Revolut secured a banking license from the Bank of Lithuania, enabling it to offer full banking services. That year also saw the debut of Revolut Metal, offering cashback and exclusive perks. The company’s international expansion began in 2019 with launches in Australia and Singapore, plus new app features like commission-free trading and in-app charitable donations.
Global Expansion and Unstoppable Growth
The year 2020 marked a turning point. Revolut raised $580 million in Series D funding, valued at $5.5 billion, and expanded into the U.S. and Japan. Despite the pandemic, it continued to innovate, introducing new banking services in Lithuania and Poland.
By 2021, Revolut’s valuation soared to $33 billion following an $800 million Series E round. The company launched Stays, a travel booking service with cashback rewards—expanding its ecosystem beyond finance and into lifestyle.
In 2022, Revolut surpassed 26 million users and introduced lending and “Pay Later” features in multiple countries, further strengthening its presence in Europe. By 2023, Revolut had entered Brazil and New Zealand, while unveiling Ultra, a premium plan offering exclusive rewards across travel, lifestyle, and finance.
The Road Ahead: Building the Future of Money
Revolut’s mission is far from complete. The company continues to invest in cutting-edge technology, compliance, and customer experience, expanding into new products such as insurance, wealth management, and lifestyle services. Its ambition is to become the ultimate global financial super app, simplifying every aspect of money management.
Whether it’s an individual stretching their savings, a traveler juggling currencies, or a business optimizing global transactions, Revolut is setting the standard for the future of money—global, simple, and empowering.
Nik Storonsky: The Visionary Behind Revolut
Nik Storonsky, Revolut’s co-founder and CEO, launched the company to revolutionize how people spend and move money across borders. With a background as an Emerging Markets Equity Derivatives Trader at Credit Suisse and Lehman Brothers, he managed over $2 billion in complex financial instruments before founding Revolut.
Holding advanced degrees in Applied Physics and Mathematics from the Moscow Institute of Physics and Technology and Economics from the New Economic School, Nik blends analytical rigor with entrepreneurial vision. Beyond the boardroom, he’s an avid kite surfer, mountaineer, and former competitive swimmer—a reflection of his relentless drive to push limits, both in life and in finance.
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