Revolut increases revenue by five and trebles users in 2017

Between January and December 2017, Revolut increased its revenue by almost 5x from £2.4 million to £12.8 million, increased monthly transaction volumes from $200 million to $1.5 billion and trebled its customer base from 450,000 to 1.3 million.

The company has shown no signs of slowing down as 2018 looks to be an even more impressive year.

Revolut now has close to 3 million users, opening 7,000 new accounts per day, and is now processing $3 billion in monthly volumes as it focusses on international markets, expanding its customer support team and pressing ahead with innovative new products, such as commission-free stock trading.

Our growth is driven by putting the customer at the core of everything we do. In addition to offering the best spending analytics and cheapest foreign exchange on the market, our customers have come to trust that we will always innovate and disrupt the financial industry for their benefit, launching new and exciting products that’ll save them time and money.

Nik Storonsky,  Founder & CEO, Revolut