Revolut
British financial technology company
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| 2025 | Appointed Béatrice Cossa-Dumurgier as CEO of Revolut's Western Europe headquarters in Paris. |
| July 23 2025 | Paul Tran Quang Hung reports his Revolut account has been blocked for over two weeks, preventing him from performing necessary banking transactions. He emails Revolut's formal complaints department, threatening potential legal action and public exposure of the issue. |
| 2025 | Entered discussions with the Bank of Israel to obtain a 'lean bank' licence for offering limited banking services. |
| June 2025 | Revolut announced reaching 60 million global users, expanding across Europe, North America, Latin America, and the Middle East. |
| June 2025 | Announced plans to acquire Cetelem Argentina, an Argentina-based lender, from BNP Paribas. |
| May 2025 | Revolut was named 'Best Consumer Banking Mobile App' at the Fintech Breakthrough awards 2025. |
| May 2025 | Revolut won the Best International Payments Provider award at the British Bank Awards 2025, hosted by Smart Money People. |
| May 2025 | Announced plans to invest $1.1 billion over the next three years to expand in France and officially made Paris its Western European headquarters at the 'Choose France' summit with French President Emmanuel Macron. |
| 2025 | Topped the fintech industry for the most complaints according to the Financial Ombudsman Service. |
| April 2025 | Revolut obtained the PPI licence from the Reserve Bank of India (RBI) to offer international and domestic payment solutions including pre-paid cards and wallets with UPI. |
| April 2025 | Featured in the Forbes World's Best Bank List in UK, Spain, France, Belgium, and Germany. |
| 2024 | FastCompany named Revolut as the Most Innovative Company in the Personal Finance category. |
| December 2024 | Reported 50 million registered users globally, topping the fintech industry for the most complaints according to the Financial Ombudsman Service. |
| December 2024 | Reported having 50 million registered users globally. |
| December 31 2024 | Revolut reaches 52.5 million retail customers globally and has a workforce of 10,133 employees, marking a significant milestone in the company's global expansion and growth. |
| October 2024 | Named in more fraud complaints in the UK than any major bank, sparking debate on the effectiveness of its security controls. |
| September 2024 | Granted a British banking license with restrictions via the standard 'mobilization' stage. |
| August 2024 | Revolut was seen preparing for a potential IPO on the Nasdaq with an expected valuation of approximately £45 billion, while also doubling its headcount to over 8,000 employees in more than 25 countries. |
| August 2024 | Revolut announced a secondary share sale that increased its company valuation to $45 billion, up from the previous $33 billion valuation in 2021. |
| August 2024 | Preparing for a potential IPO on the Nasdaq with an expected valuation of approximately £45 billion, with UK politicians pushing for a London listing. |
| February 2024 | Fraud complaints against Revolut nearly doubled to 1,086 reports with Action Fraud compared to the previous year. |
| 2023 | Revolut reported a 35% reduction in Authorized Push Payment (APP) fraud, but remained one of the most frequently named financial institutions in UK fraud complaints. |
| 2023 | ActionFraud received 10,000 fraud reports naming Revolut, which was 2,000 more reports than Barclays and twice as many as a comparable competitor bank. |
| 2023 | Over 3,500 complaints were made about Revolut to the financial ombudsman, more than any other financial institution that year. |
| October 2023 | Expanded stock trading services to include commission-free European stock trading in the EEA. |
| September 2023 | Launched IBANs in France, Netherlands, and Spain, and expanded stock trading services to include commission-free European stock trading in the EEA. |
| September 2023 | Launched IBANs in France, Netherlands, and Spain. |
| June 2023 | Launched 'Ultra' subscription tier for individuals in the UK and EEA, becoming their most expensive subscription at the time. |
| June 30 2023 | Revolut expanded to approximately 38 million users, continuing its rapid growth trajectory. |
| February 2023 | Revolut customers filed 567 fraud complaints with Action Fraud. |
| January 2023 | Revolut announced the transfer of 2 million Irish customers to a new Irish branch, moving them from a Lithuanian IBAN to an Irish IBAN. |
| December 31 2022 | Revolut grew to approximately 25 million users globally. |
| September 2022 | Revolut experienced a cyberattack where an unauthorized third party accessed personal details of over 50,000 customers, though no funds were stolen. |
| September 2022 | The UK's Financial Conduct Authority added Revolut to its list of companies authorized to offer cryptocurrency products and services. |
| July 2022 | Reported losing $20 million to organized criminal groups due to a flaw in its US payment system between late 2021 and early 2022. |
| January 2022 | Revolut started operating as a bank in 10 additional European countries: Belgium, Denmark, Finland, Germany, Iceland, Liechtenstein, Luxembourg, Netherlands, Spain, and Sweden. |
| 2021 | Additional reports emerged of Revolut withholding clients' funds, continuing the pattern of account suspension controversies. |
| 2021 | Granted a full banking licence by the European Central Bank. |
| 2021 | Applied for banking license in the United Kingdom and a bank charter in the United States. |
| December 31 2021 | Revolut reached 18 million personal users and over 500,000 business customers worldwide. |
| July 2021 | Revolut's Series E funding round raised US$800 million from investors including SoftBank Group and Tiger Global Management, valuing the company at US$33 billion and making it the leading European startup in terms of valuation. |
| 2020 | Launched operations in the United States and Japan. |
| November 2020 | Reached breakeven point and was valued at £4.2 billion, becoming one of the highest-valued fintech companies in the UK. |
| June 2020 | Wired published an exposé detailing Revolut's employee dismissal practices during the COVID-19 pandemic, alleging that employees in Kraków were coerced into terminations or voluntary leaving, and employees in Porto were pressured into salary sacrifice schemes to retain their jobs. |
| February 2020 | Completed Series D funding round of $580 million, increasing company valuation to £4.2 billion and becoming the UK's most valuable fintech startup. |
| February 2020 | The Daily Telegraph reported a case where Revolut suspended an account containing £90,000 for over two months, with a customer travelling 500 miles from Auvergne, France to London in an unsuccessful attempt to recover £15,000 from a frozen account. |
| February 2020 | The Times reported that Revolut suspended and closed a business account for Priorité Energie containing €300,000, preventing the energy transition start-up from paying its staff. Revolut publicly apologized and eventually resolved the issue. |
| February 2020 | Revolut completed a Series D funding round of $580 million, increasing its valuation to £4.2 billion and becoming the United Kingdom's most valuable financial technology startup. |
| 2019 | Expanded into Australia, marking first expansion outside of Europe. |
| December 2019 | Sifted published an article noting that Revolut had a higher rating than its peers on Glassdoor, potentially contradicting earlier criticisms about workplace culture. |
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