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

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Revolut reported a record pretax profit, rising 57% to £1.7 billion in 2025 with group revenue up 46% to $6 billion. The company highlighted strong business-banking performance (16% of income), a 66% increase in customer balances to $67.5 billion, and growth to 68.3 million retail and 767,000 business customers. Revolut has secured a full UK banking licence, launched full banking in Mexico, filed for a US bank charter, and is gearing up for major global expansion, especially into the United States. Valued at $75 billion, the firm aims for 100 million customers by mid-2027 and is positioning its technology-driven model to scale lending and other banking products.

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