Revolut
Banking services are provided by the British-Lithuanian neobank and financial technology startup Revolut. Within the European Union, Revolut Bank UAB is authorized and governed by the Bank of Lithuania. Nikolay Storonsky and Vlad Yatsenko created it in 2015, with its main office in London. It provides accounts with currency exchange, virtual and debit cards, Apple Pay, interest-bearing "vaults," stock trading, cryptocurrency, commodities, and other services.
Revolut increased its personnel from 1,500 to 6,000 in 2020 and expanded into Japan and the US. It was profitable in November 2020 and had a valuation of £4.2 billion, making it the most valuable fintech company in the UK. Revolut submitted an application for a UK banking license in January 2021; however, the decision was still pending as of December 2022. The company was valued at US$33 billion after a US$800 million investment round in July 2021, making it the most valuable UK tech startup at the time.
Founded: 2015
Headquarters: London, United Kingdom
Website: www.revolut.com