Companies
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Revolut
8
Fintech
$114B
+$2,059.77
5,357.61%
30 days ago
$38.45
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Revolut is a financial services company that specializes in mobile banking, card payments, money remittance, and foreign exchange.
Revolut was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, based on the observation that traditional banks often charged high fees for international currency exchange and cross-border spending, motivating the founders to build a mobile-first financial app that let users hold, exchange, and spend money across many different currencies at competitive exchange rates, initially targeting frequent international travelers before expanding into a much broader suite of financial products including budgeting tools, cryptocurrency trading, stock trading, and business banking services, growing into one of the most widely used digital banking apps globally. Revolut has continued to expand its global footprint and product breadth, with CEO Nik Storonsky indicating in 2026 that the company does not expect to pursue an initial public offering before 2028 at the earliest and continues to prefer an eventual U.S. stock market listing over a London listing, a stance that extends the likely private-market holding period for its secondary market investors. A June 2026 company profile cited Revolut as serving roughly 75 million users with continued expansion toward operating in 100 markets globally, alongside a long-term ambition toward a potential $200 billion valuation, reflecting substantial confidence in the company's continued growth trajectory despite its deferred public listing plans. Revolut's estimated 2025 revenue reached approximately $6 billion, up 50% year over year. In Augment's Q2 2026 Power 20 rankings, Revolut held steady at #7, with its estimated secondary-market share price rising 14.1% during the quarter to imply a market capitalization of approximately $106.1 billion, crossing the $100 billion threshold for the first time, even as its trading activity on the Augment platform, while up nearly fourfold quarter over quarter, still ranked only #13 by that specific measure.
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