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Revolut Group Holdings Ltd, doing business as Revolut, [2] is a British multinational neobank and fintech company that offers banking services for individuals and businesses. [3] The company was founded in July 2015 by British-Russian businessman Nikolay Storonsky and British-Ukrainian software engineer Vlad Yatsenko and operates in 48+ countries.
Revolut is currently one of the biggest global fintechs with more than 50 million customers, including 10 million in the U.K. It has raised $1.7 billion in funding, according to Crunchbase .
Revolut offers accounts and debit cards for fee-free spending abroad at real exchange rates. [16] In 2021, Revolut became the most valuable fintech firm in the UK. [17] [18] As per the 2023 annual report, Revolut achieved a revenue of 1.8 million GBP, with a net profit of 344 million GBP. As of November 2024, the company serves 50 million ...
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Ronald Oliveira (born 23 October 1955) is an American businessman, the former CEO of Revolut USA, and the former President of Avidbank. Previously, he worked in senior management positions for several financial institutions.
It appointed Revolut's Chief Operating Officer Richard Davies as its CEO in July 2020. [6] In November 2021, Allica Bank acquired Allied Irish Banks's British SME lending portfolio, composed of about £600 million of loans to 2,000 customers. [7] The process was reported to have completed in August 2022. [8]
Vladyslav Yatsenko (Ukrainian: Владислав Яценко; born August 1983) [1] is a British-Ukrainian entrepreneur and software engineer. He is best known as the co-founder and CTO of Revolut, the most valuable fintech company in the UK.
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